RICHMOND—Governor Ralph Northam announced Monday more than $24 million in Affordable and Special Needs Housing loans for 28 projects across the Commonwealth.
The fund will go towards creating or preserving 1,635 affordable housing units for low-income Virginians, including in the Hampton Roads area.
Northam's office says the funding will help increase access to affordable housing, reduce homelessness, and provide permanent supportive housing options for individuals with intellectual and developmental disabilities.
“As the COVID-19 pandemic continues to create housing challenges in our Commonwealth and across the country, we are pleased to deploy this funding to support Virginians who are most in need,” said Governor Northam. “The Affordable Special Needs Housing program is a valuable resource for increasing the availability of safe, affordable, and sustainable housing for low-income Virginians, particularly those with special needs. With this round of funding, we will advance projects that strengthen our communities and help ensure every Virginia resident has the opportunity to build a healthy, productive life in our Commonwealth.”
The Virginia Department of Housing and Community Development (DHCD) administers Affordable and Special Needs Housing (ASNH) loans, which combine state and federal resources to provide a simplified and comprehensive application process. Funding comes from three main sources: the federal HOME Investment Partnerships Program, the federal National Housing Trust Fund (NHTF), and the Virginia Housing Trust Fund (VHTF). Through the ASNH program, DHCD also supports the creation of Permanent Supportive Housing (PSH) units to serve Virginia’s most vulnerable citizens. In this round of funding, DHCD allocated more than $7 million through the HOME Program, over $4 million through the NHTF, $12.6 million through the VHTF, and an allotment of $500,000 through PSH funds.
43 applications were received for this round of funding, requesting more than $42 million. Proposals were then reviewed, evaluated, and scored, with proposals ranked and award offers recommended to the highest-ranking proposals based on funding availability.
Fall 2020 Affordable and Special Needs Housing Awardees in Hampton Roads:
Daffodil Gardens Phase Two | Chesapeake Bay Housing, Inc. $260,000 (VHTF) Gloucester County
The Daffodil Gardens Phase Two project will support the construction of 40 apartments in a single, three-story building served by an elevator. The building is located less than one mile from Riverside Health System’s Walter Reed Hospital and numerous other services and shopping.
Woods at Yorktown NC | Community Housing Partners$500,000 (VHTF) $300,000 (HOME) York County
Woods at Yorktown NC will expand 60 units of an existing 118-unit apartment community. This project will include the new construction of five three-story, 12-unit buildings comprised of two- and three-bedroom units. Twenty units will be built to meet Universal Design standards. In addition, six units will be built to be fully accessible, and two units will be built to serve residents who are hearing and/or site impaired.
Charles City and Forest Heights Homebuyer | Habitat for Humanity Peninsula and Greater Williamsburg $300,000 (HOME) Charles City County and the city of Williamsburg
This project will consist of the construction of six homes, two in Williamsburg and four in Charles City. Each home will be affordable, single-family, and detached. The project will benefit low- to moderate-income families (up to 80 percent of the AMI), that will purchase the homes from Habitat for Humanity as first-time homebuyers. Families will participate in seminars that prepare them for first-time homeownership and contribute to the construction of their homes, performing 200 hours of “sweat equity.”
City Line Apartments | Millbrook Realty Group$900,000 (VHTF) City of Newport News
City Line Apartments is a fully subsidized multifamily property comprised of 200 one- and two-bedroom units centrally located in Newport News. In addition to offering fully rent-subsidized units, City Line will be setting aside 20 units for the provision of Permanent Supportive Housing, specifically for households that have serious mental illness and/or an intellectual or developmental disability, along with those persons who are returning from incarceration. This project will renovate and rehabilitate the existing rental property to modernize the units including energy efficiency upgrades, upgrading a minimum of 10 units to be fully accessible to individuals with physical disabilities, and two units to be accessible to individuals with sensory impairments.
Carrier Point I | Newport News Redevelopment and Housing Authority$700,000 (VHTF)$700,000 (NHTF) City of Newport News
Carrier Point I is the 43-unit residential portion of Newport News’ Marshall-Ridley Revitalization Choice Neighborhoods Transformation Plan’s first phase. Carrier Point I and Carrier Point II are sister developments, located on parcels separated by a public street being developed simultaneously as nine-percent and four-percent low-income housing tax credit twinned transactions. Carrier Point I will have 43 mixed-income units, which will include seven one-bedroom units, 27 two-bedroom units, and nine three-bedroom units spread between two buildings. One building will be a four-story, elevator building with residential apartments, a community room, and a management suite on the ground floor.
Carrier Point II | Newport News Redevelopment and Housing Authority$700,000 (VHTF)$700,000 (NHTF) City of Newport News
Carrier Point II is the 38-unit residential portion of Newport News’ Marshall-Ridley Revitalization Choice Neighborhoods Transformation Plan’s first phase. Carrier Point I and Carrier Point II are sister developments, located on parcels separated by a public street being developed simultaneously as nine-percent and four-percent low-income housing tax credit twinned transactions. Carrier Point II will include 14 one-bedroom units, 21 two-bedroom units, and three three-bedroom units in a four-story, elevator building with residential apartments, a ground floor community room, and a fitness room on the ground floor.
The Coile | Petersburg Community Development Corporation, Inc.$700,000 (VHTF)$700,000 (NHTF) City of Newport News
The Coile is a 62-unit new construction multifamily, mixed-income development with sustainable design elements including a rooftop terrace garden, electric car charging ports, solar benches, and a kinetic tile children’s game. The community will also be EarthCraft Gold certified, and all units will be constructed to meet Universal Design Standards. The Virginia Center for Housing Research at Virginia Tech is conducting a 10-year case study to monitor the construction processes and evaluate variances in energy consumption between the two buildings (traditional stick-framing methods versus panelization construction). The goal is to publish the academic findings and set a precedent for sustainable multifamily design in the Commonwealth.
For a full list or awardees, click here.