Basis Radar

Virginia

Newport News City County, VA

Affordable-housing capital events and public funding posture, from federal filings. 10 properties here have a capital event — a LIHTC year-15, an affordability expiration, a HAP contract expiration, or a published debt maturity — within 24 months.

Open Newport News City County in the app → property-level detail, contacts, filters, charts

Gap funding

GranteeFY26 allocationsLive posture
Commonwealth Of Virginia (state) CDBG $19.3M · HOME $9.6M HOME undrawn $56.6M CDBG undrawn $76.6M
Newport News (city) CDBG $1.3M · HOME $789,531 HOME undrawn $3.9M CDBG undrawn $1.9M · CDBG timeliness 1.4×

Allocations are FY2026 HUD formula amounts (annual scale, not balances). "Undrawn" = obligated-not-yet-drawn on FY2020+ formula grants (USASpending, monthly), which may be committed to projects. Timeliness is a proxy for HUD's 24 CFR 570.902 standard (1.5× line); program income is not visible in public data.

Recently completed subsidized projects

ProjectAmountProgramGranteeCompleted
Ashe Manor $700,000 HOME Virginia 2025-10-27
Carrier Point I $1.2M HOME Newport News 2024-06-03
Carrier Point I $700,000 HOME Newport News 2023-09-12
Huntington Village Apartments - Nettles Drive $250,000 HOME Newport News 2022-04-11
Lassiter Courts $600,000 HOME Newport News 2021-02-18
Whittaker Place $709,000 HOME Newport News 2020-05-14
Whittaker Place $500,000 HOME Virginia 2019-11-12
Cypress Terrace Apartments $700,000 HOME Virginia 2018-05-21
Asnh Oyster Point - Brighton Apartments $700,000 HOME Virginia 2018-05-21
Ada Park $300,000 HOME Newport News 2018-04-17
Cypress Terrace Apartments $574,000 HOME Newport News 2018-02-07
15-Hv-Oyster Point-Brighton $1.4M HOME Newport News 2018-02-07
801 Main Street $339,213 HOME Newport News 2017-09-18
Ahpp New Phoenix Village $700,000 HOME Virginia 2016-09-26
New Phoenix Village $300,000 HOME Newport News 2016-07-19

Recently subsidized developers (statewide)

RecipientTotal (24 mo)Subawards
Elderhomes Corp $2.3M 6
Richmond Metropolitan Habitat For Humanity, Inc. $1.8M 6
Ecg Semmes, Lp $1.3M 1
Housing Opportunities Made Equal Of Virginia, Inc. $815,000 3
Lynhaven Ridge Va Llc $750,000 1
Southside Community Development & Housin $731,350 2
Caritas $325,000 2
Better Housing Coalition $290,000 2
Rebuilding Together Of Richmond $250,000 1
1203 E Brookland Llc $250,000 1
Metropolitan Business League Of Richmond, Virginia, The $200,000 1
Richmond Behavioral Health Authority $133,282 1
Daily Planet, Incorporated $121,135 1
Greater Lynchburg Habitat For Humanity, Inc. $114,304 1
Miriam's House, Inc. $107,000 2

Pipeline snapshot

10 properties with a live capital event within 24 months. Property-level detail — names, owners, contacts, trigger dates, subsidy stacks — is in the interactive application.

Sources: HUD LIHTC database · HUD Multifamily Assistance & Section 8 · FHA/USDA loan files · FY26 CPD formula allocations · USASpending (DATA Act) · OCC Part 24 filings · FFIEC CRA · IDIS activity extracts. See the glossary for definitions and caveats.