Basis Radar

Virginia

Portsmouth City County, VA

Affordable-housing capital events and public funding posture, from federal filings. 7 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 Portsmouth 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
Portsmouth (city) CDBG $1.6M · HOME $494,274 HOME undrawn $1.6M CDBG undrawn $2.4M · CDBG timeliness 1.5×

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
Clarke Manor $4.3M HOME Virginia Housing Development Authority 2012-04-18
Hamilton Place Phase I $809,573 HOME Virginia Housing Development Authority 2011-11-23
South Bay $500,000 HOME Virginia 2011-09-27
South Bay $208,969 HOME Portsmouth 2011-06-09
South Bay $360,000 HOME Virginia Beach 2011-06-03
South Bay $360,000 HOME Norfolk 2011-03-23
King Square $600,000 HOME Portsmouth 2010-06-30
Match Portsmouth - 910 Seventh St $200,000 HOME Virginia 2005-04-19

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

7 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.