NEWPORT NEWS, Va. - Governor Ralph Northam announced Monday two new affordable housing programs that will build upon efforts to provide safe and secure housing for all Virginians.
The $3 million in Vibrant Community Initiative (VCI) funding will support affordable housing and community development in Charlottesville and Newport News.
“Ensuring Virginia families have access to affordable housing options remains a top priority, especially as we encourage everyone to stay safe at home during this pandemic,” said Governor Northam. “The Vibrant Community Initiative uses a unique community develop strategy that blends creating better housing opportunities with fostering economic growth. We look forward to seeing how these efforts transform their communities and enhance the quality of life for the residents living in them.”
The Newport News Redevelopment and Housing Authority will receive $1 million for the Marshall-Ridley Revitalization (MRR), which is part of a multifaceted approach to revitalizing Carrier Point Apartments.
The MRR will develop 82 mixed-income rental housing units and available storefront space located in close proximity to the Brooks Crossing Innovation and Opportunity Center.
Brooks Crossing Innovation and Opportunity Center provides technical assistance and education for small businesses and entrepreneurs, workforce training, job placement, and STEM educational services.
The Charlottesville Redevelopment and Housing Authority (CRHA) will receive $2 million for the second phase of the South First Street public housing redevelopment.