nrha 2013 annual report

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JANUARY 2013-JUNE 2014 ANNUAL REPORT BECAUSE SUSTAINABLE HOUSING MATTERS [ Staying the Course ]

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Norfolk Redevelopment and Housing Authority's 2013 Annual Report

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JULY 2013- JULY 2014 ANNUAL REPORT

BECAUSE SUSTAINABLE HOUSING MATTERS

[ Staying the Course ]JANUARY 2013- JUNE 2014 ANNUAL REPORT

BECAUSE SUSTAINABLE HOUSING MATTERS

[ Staying the Course ]

EEvery spring and fall, the Federal Reserve Bank of Richmond surveys experts who represent numerous and highly diverse communities in the Fifth District made up of Virginia, four other states and District of Columbia.

In the latest survey released May 2014, respondents were asked to identify three current issues having the most significant impact on their communities. It is striking and timely that access to affordable housing was the top current issue.

Respondents expressed concerns over housing costs rising faster than incomes thereby increasing the resource gap for most households seeking affordable housing.

Second was availability of local job options. Respondents commented that jobs are available but many require higher skills and more training than applicants possess.

And third was the issue of improving quality of K-12 education. Respondents stressed the importance of early childhood education as the foundation upon

which a better prepared workforce is built.

Providing access to affordable housing is core to NRHA’s vision and mission.

We are also deeply engaged in supporting workforce readiness for adult residents through culinary, healthcare and security career training partnerships with Tidewater Community College, construction trades skills with our Resident Home Build program and driving improvement courses help connect the residents to their workplace.

For youth resident education, we are a leader in the Virginia Science, Technology, Engineering and Math (STEM) Network as well as a strong partner in the Sail Nauticus Academy that teaches sixth graders sailing skills and maritime sciences.

NRHA is committed to quality affordable housing that is accountable to onsite management, while also supporting our residents with ample educational and workforce training opportunities through our partner organizations.

A vibrant and sustainable regional economy depends on availability of the right types of housing and in the right location to accommodate future workforce of Norfolk. Making hard decisions at the local level to increase supply of housing close to jobs and

transportation can achieve goals of linking workers with jobs and at substantially lower public cost.

The ability for our region to remain competitive during this period of economic rebound will depend on both a comprehensive regional housing strategy and local housing and land use policy decisions that promote quality housing development.

Much as our young sailors learn on the Norfolk waterfront in the Sail Nauticus program: “It is the set of the sail not the direction of the wind that determines which way we will go.” Despite the shifting winds of federal funding and other challenges, NRHA is staying the course because “Sustainable Housing Matters.”

Sincerely,

A MESSAGE FROM OUR CEO

[ Staying the Course ]

It is the set of the sail not the direction of the wind that determines which way we will go.

Napoleon Hill

*On May 30, 2014, Montgomery announced his retirement, effective December 31, 2014.The 2015 Annual Report will cover his legacy to City of Norfolk.

Shurl R. Montgomery, CEO

A N N U A L R E P O RT 2

TABLE OF CONTENTS

[ Navigate ]

VISION

MISSION

A Message from Our CEO 1Our Board of Commissioners 3Farewell to W. Sheppard Miller, III 6Executive Leadership Team 7Organizational Chart 8An Affordable Place to Call Home 9Downtown: The Hip Place to Live 12

Bringing Monroe Building Back to Life 13Our Goals:

1. Quality Housing Opportunities for All 152. Sustainable Mixed-Income Communities 173. Strategic Business Approach 194. Community Engagement and Support 20

Sail Nauticus 21Legislative Launches 22Budget Overview 23Statistical Digest 25

BOARD OF COMMISSIONERS

NRHA is led by a board of seven

commissioners, appointed by Norfolk

City Council, who are responsible for

determining policy and direction. NRHA

Commissioners are residents of Norfolk and

serve staggered four-year terms. The board

elects a chairman and vice chairman, as

well as selects a chief executive officer who

is responsible for NRHA’s activities and

operations. To contact a Commissioner, call

314-1679.

[ At The Helm ]

CHANGE OF COMMANDWelcome New Chairman

F. Nash Bilisoly

New Board Members

Alphonso Albert

Richard Gresham

OUR BOARD OF COMMISSIONERS

NRHA BOARD OF COMMISSIONERS AND EXECUTIVES AT THEIR PLANNING RETREAT ON MAY 10, 2014

ALPHONSO ALBERT

RICHARD GRESHAM

A N N U A L R E P O RT 4

[ Welcome Aboard ]

CHAIRMAN - F. NASH BILISOLY

F. Nash Bilisoly has been a partner with Vandeventer Black since 1985 and concentrates his law practice in maritime matters, representing shipyards, terminals and vessels.

He received a B.A. from The College of William & Mary in 1976 and a J.D. from Tulane University School of Law in 1979, where he was the Notes and Comments Editor for The Tulane Maritime Lawyer.

His present business associations include Chairman of the Standing Committee on Stevedoring, Marine Terminals and Shoreside Services for The Maritime Law Association of the United States and a member of the National Advisory Board of the Tulane Admiralty Law Institute.

He serves on the Executive Board of the Hermitage Foundation Museum and is a member of the Norfolk Mayor’s Poverty Reduction Commission.

He is a resident of Norfolk and currently resides in the Ghent neighborhood with his wife, Vickie.

Albert attended Norfolk State University, St. Leo College and Norfolk Business College where he majored in Business Administration and Accounting.

Currently, Albert serves as the Executive Director for Garden of Hope Community Development Corporation, whose mission is to build healthy neighborhoods by providing services and programs to underserved individuals, families and communities throughout Hampton Roads.

Highlights of Albert’s professional affiliations include LEAD Hampton Roads, Norfolk Chamber of Commerce, Hampton Roads 200+ Men, Tidewater Children’s Foundation, Norfolk Drug Court Foundation and Park Place Property Owner’s Association.

He is a longtime resident of Norfolk and currently resides in the Broad Creek neighborhood with his wife, Linda.

Gresham is Vice President of E.T. Gresham Company, a local family-owned construction firm in Norfolk.

Gresham graduated from Virginia Polytechnic Institute and State University with a degree in architecture and has over 43 years of experience in the industry, 30 years of which are with E. T Gresham.

Highlights of his professional affiliations include Mayor’s Downtown Norfolk Taskforce, General Douglas MacArthur Foundation, Norfolk Society for Cemetery Conservation and Ghent Business Association.

Gresham is a Norfolk native and currently resides in the Belvedere neighborhood with his wife, Jane.

ALPHONSO ALBERTExecutive Director

Garden of Hope Community Development Corporation

RICHARD GRESHAMVice President

E.T. Gresham Company

ROSE ARRINGTON President

Tenant Management Corporation Diggs Town

[ Board of Commissioners ]

FAREWELLTREVOR

ROBINSON

F. NASH BILISOLYChairman Attorney

Vandeventer Black LLP

BARBARA HAMM LEE Vice-Chariman

Executive Producer/Host of “Another View”

WHRO TV

ROBERT J. SOBLE President and Owner

Pottery Art Studio

DONALD MUSACCHIO Retired Federal Service

Consultant

During his period of service, Mr. Robinson participated in important deliberations and decisions of the Authority with reasonableness and thoughtful consideration that put foremost the best interests of the citizens of Norfolk.

The Commissioners, Chief Executive Officer and NRHA staff wish to publicly express their gratitude for contributions of time and talent given by Trevor Robinson, which have made this Authority a better organization and the City of Norfolk a better place to live, work, build, play and raise a family.

RESOLUTION(OCTOBER 5, 2010 - JULY 31, 2013)

A N N U A L R E P O RT 6

FAIR WINDS AND FOLLOWING SEAS

[ Farewell to W. Sheppard Miller, III ]

After 11½ years as chairman of the seven-member board, W. Sheppard Miller III announced his

resignation on September 12, 2013.

“I’ve done it for a long time,” he said, “and it’s a huge time commitment, if it’s done right. No

exaggeration, I went to over 100 meetings a year for NRHA.”

With a strong board and a number of projects in final phases, Miller, who runs two companies of his

own – KITCO Fiber Optics and Light Tech Inc. – said it was the right time to hand over the reins.

“I thought it might be better to let someone else do it,” he said, of the volunteer role. “It’s been a very

rewarding time. It’s bittersweet for me because I like doing it and I like the people.”

W. SHEPPARD MILLER, III

Excerpted: Inside Business article, September 23, 2013

MILLER PRESENTING WINNER OF “WHAT HOME MEANS TO ME” POSTER CONTEST

APPRECIATION RECEPTION AT 2013 GOVERNOR’S HOUSING CONFERENCE

[ Executive Leadership Team ]

The CEO, Chief Division Officers, supported by other ELT members, plan, organize and execute the organization’s operations strategy. They meet regularly to discuss and confirm operational plans, establish organization priorities, set performance standards, coordinate projects between divisions, review progress toward organization and division goals, approve new procedures as well as assign project and program responsibilities.

The Executive Leadership Team (ELT) flanks newly installed public art sculpture at Broad Creek.

Ed Ware Communications and Government Relations Director

James Hollomon Real Estate Services Director

Donnell Brown Chief Housing Officer

Brenda Benn Budget and Compliance Director

Michael Clark Neighborhood Services Director

Jamie Jones Information Services Director

Shurl Montgomery Chief Executive Officer

Donna Mills Property Management Director

Richard Archer Human Resources Director

John Kownack Chief Community Development Officer

Clara Graves Chief Financial Officer

Nathaniel McCormick Senior Architect, Development

Julius Norman Workforce Development Manager

Tim Coyle (not pictured) Legal Counsel, Crenshaw Ware & Martin

Left Right

SEAWORTHY

CHARTING THE COURSE

[ NRHA Organizational Chart ]

Board of Commissioners

Executive Office

Administrative Operations

Housing Operations

Development Planning and

Community Building

Finance

Administrative Services

Budget Management

Property Management

Housing Choice Voucher Program

Capital Fund Program

ClientServices

Real Estate Services

Human Resources

Planning/Project Management

Communications/

Neighborhood Programs

Government Relations

Information Systems

Strategic Direction Team

A N N U A L R E P O RT 8

ALL HANDS ON DECK

Facilities Management

Program Development

[ An Affordable Place

The first time a colleague shared information with

Lavern Wilson about NRHA’s first-time homebuyer program

she handed the application to a coworker.

“I didn’t have enough faith at the time,” she said.

But the bus driver and mother of three held tight when

a second application came her way. There had to be a

reason for it, she figured, and decided to learn more.

She discovered that the program aims to increase the

amount of affordable housing for would-be homeowners in

Norfolk with lower to moderate incomes. The program is

offered through NRHA and City of Norfolk.

Through the program, eligible first-time buyers receive

assistance on down payments and closing costs through

forgivable “soft-second” mortgage loans that feature no

interest or monthly payments.

“I didn’t know I could buy a home,”

said Wilson, of Lexington Park Apartments

off Tidewater Drive. “God was looking out for

me.”

Now, Wilson is returning, as a first-time

homeowner, to Ballentine, the neighborhood

where she grew up. And while she is moving

back to old stomping grounds, the 1,191-

square-foot, two-story house that’ll be hers is

brand new.

The Ballentine Boulevard house

that Wilson will inhabit is the program’s inaugural new

construction dwelling built for $126,000.

LaShawn Fortes, manager of the HomeNet

Homeownership Center, an NRHA component that started

in 1997, said that a second house that fits the low-budget

category is under way on Grandy Avenue, and a third is

planned in Berkley.

Some clients were stagnating in the program not

because of their credit or a lack of savings, said Jennifer

White Moore, NRHA’s Senior Communications and

Marketing Specialist, but because they were “unable to

find a home in decent condition under $130,000.”

Fortes said the price tag for most homes in the

program, either refurbished ones or newly built houses,

was $175,000 or more.

“Something under $130,000 was not proving easy for

lookers,” she said, usually because the housing inventory

in that range needs too much work and might not be up to

code.

Besides, Fortes added, “For the (program)

homeowners to be successful, they shouldn’t have to make

any major repairs.”

But building a house, lot included, on such a moderate

budget? It hadn’t happened. NRHA wanted to change that.

HomeNet reached out to some builders with whom

it had previously worked and asked:

Could they build a house, lot included, for

$126,000?

Bobby Howerin of Howerin Construction

Corp., a member of NRHA’s Builders and

Designers Guild, was the first to accept the

challenge and recently completed Wilson’s

house on infill, a vacant area between homes

in an established neighborhood. Guild

membership is a requisite for participating

in single-family-home construction projects

in which the authority is the land developer.

“This was kind of an experiment to see how reasonably

or low-priced or affordable a home can be,” Howerin said.

Wilson’s house, a Queen Anne style that’s just 21.4

feet wide, is built on a so-called “nonconforming-sized lot”

– 37.5 feet by 100 feet, as opposed to the city’s minimum

size of 50 feet by 100 feet. The home is proportional to the

lot’s smaller dimensions.

Howerin worked with TightLines Designs, an

architectural firm based in Raleigh, N.C., that provides

designs for environmentally friendly and affordable homes.

The firm has done at least 11 builds with NRHA in recent

to Call Home ]

“I LIVE IN THE PROJECTS – BEEN THERE 19 YEARS – AND DIDN’T

KNOW I COULD BUY A HOME.”

years and TightLines project manager Craig Bethel said the

company typically does Victorians or bungalows to blend in with a

neighborhood’s existing homes.

Wilson selected TightLine’s “Monique” model, a Queen Anne

style with three bedrooms and 2½ baths and an open floor plan

downstairs, which offers larger living in a smaller footprint.

“The floor plan itself is smaller, but it doesn’t feel confined,”

Bethel said. “We try not to block views in public spaces and to

make as much use of these spaces as possible. And the good

thing about our houses is they have the old look and charm but

with today’s efficiency.”

Howerin said the heating and air efficiency rating on Wilson’s

home is a grade higher than is standard for the industry. The

structure also features plenty of recycled wood products, Energy

Star-approved appliances and energy-efficient windows and

doors.

Wilson was able to pick the colors for her siding, roofing,

paint, flooring and counter tops.

“I’ve never had a bathroom of my own,” Wilson said, “and I

love how the house has a country-style porch that I can sit on.”

Although Howerin is a custom home builder whose works

have been showcased in several Homearamas, the relevance of

this being Wilson’s first home isn’t lost on him.

“The people who’ve qualified for the program have worked

hard to get there,” he said.

Wilson fits that category. She said that she was “speechless”

when Fortes, told her that she could have a new home in her price

range.

To qualify for the program, Wilson said she had to take

homeownership classes and learn about real estate taxes, home

maintenance, budgeting and how to trim expenses, among other

topics.

“They taught me what I can do without because there will be

10continued

• Be a first-time home buyer or not have owned a

home within the past three years.

• Have a gross annual household income within 80

percent of the Department of Housing and Urban

Development’s (HUD) median income limit for

the area. For example, effective Feb. 9, 2014, in

Norfolk, that would be $56,500 for four people.

• Be pre-approved for a first mortgage loan by a

Virginia Housing Development Authority (VHDA)

approved lender with a pre-approved loan that

specifies, among other things, a loan amount, a

fixed interest rate, type of standard fixed-rate loan

and a loan term of 30 years. Also, must certify

that the credit of the first mortgage borrower

meets program guidelines including, among

others, no unsatisfied collections or judgments.

• Must have verifiable savings of at least $3,000.

• Must have a certificate of completion from

Homenet’s VHDA homeownership educational

class.

*Households that are interested in down-payment

and closing cost assistance from the NRHA must

be determined eligible before ratifying a contract.

Those with a ratified contract before eligibility

is determined will be automatically ineligible for

assistance.

Online: www.nrha.us/own/HOMEprogram

Call: HomeNet Homeownership Center

757-314-4202

FORTES AND HOWERIN OUTSIDE THE NEW HOME

HOW TO QUALIFYTo qualify for the Down Payment/Closing Cost

Assistance Program, one must:

Learn more

A N N U A L R E P O RT

a lot more than I’ll be responsible for,” she said.

Fortes said the average household seeking a home

through the program spends two years preparing financially,

including eliminating debt and increasing credit score.

“We look at what they need to do and then put steps

together for them three at a time,” she said. “They get

through those steps, and then we give them three more.

“We take a holistic approach from beginning to

end to make sure their credit is right, that they have

savings and that they understand the responsibilities of

homeownership.”

According to Fortes, in 2013 the average income of a

program participant was $37,000; the average home sale

price was $151,000, with an average loan of $129,400.

The average household size was two people. The program’s

total sales in 2013 was almost $6 million. Of that, total

private funding leveraged was $3.5 million.

Fortes said HomeNet has assisted lower to moderate

income families in purchasing more than $90 million in

real estate in Norfolk since the program’s inception.

In 2013, 36 households completed the road to

homeownership through the program. Demographically,

they were represented by nine white, one Hispanic, one

Asian and 25 black households. Professions of recent

buyers include, but are not limited to, teacher, bartender,

truck driver, auto technician, security guard, painter,

[ An Affordable Place

to Call Home ] continued

administrative specialist, postal carrier, personal trainer, pharmacy

technician and mechanic. Retired military also purchased. The

program’s participants range in age from the 20s through the

senior years. The oldest client, Fortes said, was a 72-year-old

woman who had always wanted her own home and ended up

paying less to own than she had renting.

“She wanted to have her own place before leaving the Earth,

and she did,” Fortes said.

Wilson’s home is possible, in part, through HUD funds allocated

to the city annually and administered through NRHA. In turn,

NRHA has partnerships with the Virginia Housing Development

Authority, as well as HUD-certified housing agencies, private

lenders and real-estate professionals.

Wilson’s first mortgage, a traditional 30-year, is through

Monarch Bank. A “silent-second” 10-year mortgage through the

program provides a no interest loan that is partially forgiven on

each annual anniversary of closing date; Wilson must stay in the

house for 10 years for it to be fully forgiven. She predicts that will

be no problem. “I am elated; my children are so happy. I don’t

plan on going anywhere. Once I move in, that’s it. That’s my dream

home.”

“I am elated; my children are so happy. I don’t plan on going anywhere. Once I move in, that’s it. That’s my dream home.”

Excerpted: The Virginian Pilot, Victoria Hecht, January 25, 2014

$126,000 BALLENTINE HOME

[ Downtown: The Hip Place to Live ]

Norfolk Ranks #3 in Top 25 Hipster Zip Codes

ZIP City25-34%

ofPopulation

% Who WalkPub. Transit

to Work

RentVacancy

Rate

Ave. Rent3 Bedroom

Home

% Who Rent

Gross RentYield %

MedianPrice

55101 Saint Paul

15203 Pittsburg

23510 Norfolk

55401 Minneapolis

22304 Alexandria

07073 East Rutherford

22203 Arlington

52246 Iowa City

98121 Seattle

98007 Bellevue

55408 Minneapolis

11104 Sunnyside

07030 Hoboken

11102 Astoria

11232 Brooklyn

20910 Silver Spring

60625 Chicago

53703 Madison

94107 San Francisco

55405 Minneapolis

80218 Denver

11377 Woodside

22201 Arlington

60647 Chicago

60642 Chicago

13.98$125,332$1,4602.9072.1038.8034.90

10.84$135,000$1,2204.3051.2029.6023.90

7.96$227,600$1,5103.4072.4021.3025.00

7.76$296,774$1,9202.7052.4030.0036.30

7.66$310,000$1,9804.4057.7020.7023.50

7.06$350,000$2,0604.8057.6027.8020.40

6.69$437,600$2,4402.9065.2041.5033.50

6.49$212,500$1,1503.6057.9024.5022.00

6.18$351,500$1,8104.3076.3051.2030.20

5.95$387,000$1,9203.0064.1021.9028.10

5.93$236,850$1,1702.0074.0022.4032.20

5.90$380,050$1,8702.6085.8080.0024.90

5.88$559,444$2,7404.2067.2065.4039.30

5.68$435,000$2,0603.5083.7076.1026.70

5.66$392,000$1,8503.4079.1077.5022.90

5.46$441,683$2,0103.4062.6037.7022.90

5.18$282,500$1,2205.0060.0037.3022.40

4.97$282,500$1,1704.7082.7042.7023.30

4.91$725,750$2,9702.5061.5039.8029.50

4.89$282,000$1,1504.8061.3021.1023.80

4.80$282,500$1,1302.9068.0020.4032.00

4.73$479,100$1,8901.6072.7075.7020.80

4.70$605,000$2,3704.5063.0041.8042.70

4.69$325,000$1,2704.9062.5034.2027.10

4.64$370,000$1,4304.7063.4042.9037.80

Source: www.realtytrac.com

CRACKING THE CODE ABOUT HAPPENINGS IN NORFOLK!

Our CEO, Shurl Montgomery, has captained the “Brain Drain to Brain Gain” initiative of the Greater Norfolk Corporation (GNC), bringing together over 125 business leaders to support young professional attraction and retention. Its mission is to position Norfolk to embrace and nurture future entrepreneurs and the next generation of companies that will power future growth and prosperity.

Norfolk23510 25.00 21.30 72.40 3.40 $1,510 $227,600 7.96

ATTRACTING AND RETAINING IN THE 23510

12A N N U A L R E P O RT

BRINGING MONROE BUILDING BACK TO LIFE

[ An Artistic Touch: ] Contributed by Delphine Carnes and Harriet Reynolds, Crenshaw, Ware & Martin, PLC.

NRHA closed in late 2013 on a $9.7 million project to

renovate the historic Monroe Building in downtown Norfolk for

use by the Governor’s School for the Arts as its consolidated

campus and the Virginia Stage Company for set and costume

facilities (collectively, the “Project”).

The opening of the renovated Monroe Building as a

regional center for culture and arts education was the result

of collaborative and creative efforts of NRHA, City of Norfolk,

architectural firm of Tymoff+Moss, Norfolk-based contractor

Virtexco, the Governor’s School for the Arts (the “Governor’s

School”), Virginia Stage Company, Community Affordable

Housing Equity Corporation (“CAHEC”), Commonwealth

Preservation Group, TowneBank and law firm of Crenshaw,

Ware & Martin, P.L.C.

Designed by John Kevan Peebles, the “dean of Virginia

architects,” the Monroe Building was constructed in 1915

in the style of the Chicago School of Architecture. This style

was popular in the early twentieth century when the advent of

steel-frame construction in commercial buildings permitted the

use of large plate-glass windows. Another distinctive feature

of this architectural style was the application of terra-cotta

ornamentation on the building’s front façade.

The Monroe Building, located at 254 Granby Street

in downtown Norfolk, is one of the few remaining examples

of the Chicago School of Architecture in Hampton Roads.

The recent renovation of this historic structure successfully

maintains many of the building’s original features, including

ornamental elevator doors and skylights, while modernizing it

to accommodate Governor’s School needs.

The newly rehabilitated Monroe Building will serve

as a campus for the Governor’s School. Established in

1987, the Governor’s School is a competitive regional arts

school, which admits students from eight area public school

divisions: Norfolk, Virginia Beach, Portsmouth, Chesapeake,

Suffolk, Isle of Wight, Southampton and Franklin. Previously,

Governor’s School classes were held at a variety of locations

scattered throughout Norfolk. The Project enables the school

to consolidate programs and operations under one roof. This

offers students the opportunity to interact with peers from

different arts departments and to take advantage of other

cultural resources in Norfolk’s historic downtown area.

The Monroe Building now houses the Governor’s School’s

administrative offices, visual art, music and theater classes,

sound-proofed practice rooms and a Black Box theater. The

dance program remains at the TRDance Center just down the

block. Virginia Stage Company, which occupies the neighboring

HISTORIC PHOTO OF MONROE BUILDING

Wells Theatre, will use a portion of the building for dressing rooms and set construction facilities.

This ambitious and multifaceted transaction, which closed on December 18, 2013, involved multiple sources of funding, including federal

and state historic rehabilitation tax credit (“HTC”) equity; municipal funds invested through NRHA Monroe GP, L.L.C., a special purpose entity

created to facilitate this transaction; a direct loan from the Governor’s Magnet School for Arts Foundation (“GSA Foundation”) and a construc-

tion-to-permanent loan from TowneBank. The HTC investor, CAHEC, provided both the federal and state HTC funding. A special purpose entity,

NRHA Arts Education Limited Partnership (“NRHA

AELP”), was created to acquire the property and to

own, rehabilitate and operate the Project. NRHA AELP

has two members, the General Partner and the HTC

Investor, both of which contributed equity in exchange

for their respective ownership interests in NRHA AELP.

Direct loans were provided to NRHA AELP by Towne

Bank and the GSA Foundation; those loans will be paid

back over time from rental revenues.

NRHA AELP is leasing approximately 83% of the

property to the Governor’s School for its academic

operations. The remaining portion (approximately 17%)

of the property has been leased by NRHA AELP to City

of Norfolk, which in turn has subleased its space to

Virginia Stage Company, a professional resident theater

company operating in the adjacent Wells Theatre.

This transformative venture would not have been

possible without the insight and perseverance of many

individuals and entities. The condition of the Monroe

Building prior to renovation was deplorable. In fact,

the top two floors had been condemned. The City of

Norfolk and NRHA had the vision to restore a Norfolk

landmark and to create a new home for the Governor’s

School. NRHA’s team was instrumental in putting

together the necessary financing and overseeing

renovation. The local architectural firm of Tymoff+Moss

and Norfolk contractor Virtexco brought their collective

experience and expertise in historic renovation to

design the school’s new space and to rehabilitate the

distinctive interior and exterior features of the 100 year

old structure. They were assisted in their efforts by

Commonwealth Preservation Group, a Norfolk-based

historic preservation planning firm, which provided

consulting services during the construction phase to

ensure compliance with stringent HTC requirements.

The renovation was further complicated by the tight construction time-line required to

move the Governor’s School students into new classrooms by beginning of winter term.

The law firm of Crenshaw, Ware & Martin, P.L.C., counsel to NRHA, structured this complex transaction which involved creation of a number

of special purpose entities and combined a variety of funding sources, including federal and state HTCs. Despite the many difficulties inherent

in closing an HTC transaction, the HTC equity contributed by CAHEC was the linchpin of the Project’s success, providing the essential gap

funding needed to finance the preservation of one of Norfolk’s most significant landmarks. The rehabilitation of the Monroe Building exemplifies

the merits of the HTC program, which encourages and makes possible the restoration of our nation’s architectural heritage and revitalization of

its communities. Dedication of the renovated Monroe Building took place May 2014.

14A N N U A L R E P O RT

BEFORE AFTER

BEFORE AFTER

BEFORE AFTER

QUALITY HOUSING OPPORTUNITIES FOR ALL[ 1 ]

NRHA is committed to providing a continuum of housing options for households of all incomes seeking housing.

Our Goals

• Housing Choice Voucher (HCV) program achieved “High

Performer” designation from HUD, which measures 14 key

performance indicators ranging from property inspections to

expanding program outside low-income areas.

• NRHA achieves “High Performer” designation under HUD

Public Housing Assessment System (PHAS), which measures

physical condition of properties, financial management and

resident satisfaction.

• In the ongoing redevelopment of Grandy Village, HUD approved

the phased demolition of 88 obsolete assisted-rental units,

which will be replaced by a similar number of townhouse-style

apartments by 2018. Future development plans call for a senior

mid-rise complex, for-sale housing as well as additional assisted-

rental and market-rate apartments.

• Broke ground in February 2014 on Cottage Bridge Midrise,

a new $6 million, 47-unit, fully handicap accessible building

located at 7408 Tidewater Drive. This project will also meet

Earth Craft energy efficiency standards.

• Worked closely with City Council and Mayor’s Poverty Reduction

Commission to examine the nature of poverty in Norfolk and

recommend actions to reduce number of persons living in

poverty.

• The Poverty Reduction Commission final report issued July

2014 recommends that NRHA, on behalf of Mayor and City

Council, take the lead to “develop a citywide and regional

housing plan, including implementation strategies, to ensure an

adequate supply of quality and affordable housing.”

• In Spring of 2014, conducted annual reconciliation of Housing

Choice Voucher (HCV) and assisted-rental waiting lists to determine

whether current applicants are still interested in applying. The

updated waiting lists include 1,193 applicants for HCV and 2,938

applicants for assisted-rental.

• Honoring the City’s commitment to the Housing Our Heroes

program, NRHA has pledged to roll out project based vouchers

over the next few years to continuously supply the area with

available permanent housing stock specifically for veterans.

• NRHA submitted a final report to HUD, resulting from $250,000

Choice Neighborhood Planning Grant received in 2010, to study

challenged neighborhoods just east and west of downtown.

• The Salvation Army opened its Ray and Joan Kroc Corps

Community Center, an $35 million, 92,000 SF, fitness

and wellness center in April at Broad Creek. This regional

mega-facility has a large gym, pool, fitness areas, worship space

and performing arts theatre.

• In celebration of National Housing Month in June, NRHA hosted

a Homeownership Workshop to a select group of 50 eligible

residents who were interested in utilizing NRHA programs to

achieve homeownership.

• Community milestone anniversaries: Grandy Village celebrated

60 years and Franklin Arms celebrated 10 years.

• Twenty-eight United Way Day of Caring volunteers helped with

beautification efforts in several NRHA communities.

• Security camera surveillance systems installed in five senior

midrise apartments.

• Completed over $4 million of improvements for assisted-

rental properties, including accessibility and erosion control

improvements, roofing repairs and upgrades, new windows and

doors as well as other interior improvements.

• Started $8.35 million of new work, including electrical infrastructure

and hot water tank improvements .

HOMEOWNERSHIP WORKSHOP UNITED WAY DAY OF CARING FRANKLIN ARMS 10TH ANNIVERSARY

CAPTIONBREAKING GROUND AT COTTAGE BRIDGE MIDRISE

• Family Self-Sufficiency, a program designed to help assisted-rental and housing voucher families become economically independent,

enrolled 330 households.

• State Farm awarded a grant of $74,000 to the Resident Home Build Program, a

workforce development academy for 11 NRHA residents to complete a 12 week trade

skills training program in construction.

• Successful self-sufficiency training courses resulting in graduates from following

programs:

• Transportation services for are made available elderly and disabled residents to enhance quality of life.

• “College Here We Come” program, assisting resident students with post-secondary school preparation. Eight students attended a

Carolina College Tour (which included Duke University, University of North Carolina, North Carolina Central and Shaw University).

• Three resident students attended the West Point Summer STEM camp in New York.

• Nine resident students participated in a STEM Camp through “From One Hand To

Another” at the Hampton University, Virginia Beach Campus.

• Partnering with Norfolk Public Schools and the City, 23 Tidewater Park Elementary

students participated in the before school swim program at the Southside Aquatic

Center.

• Three youth residents participated in the AAU basketball championship in Florida,

finishing ninth in the nation.

• Enhancement vouchers for Bell Diamond Apartments, assisting tenants who would

otherwise be adversely affected by HUD program decisions.

RAY AND JOAN KROC CORP COMMUNITY CENTER

Client Services Department lands $1.6 million in grants for STEM education and workforce training:

NRHA ACCEPTS STATE FARM GRANT

YOUTH RESIDENTS AT AAU CHAMPIONSHIP

• Phlebotomy (13)

• Pharmacy Technician (10)

• Certified Nursing Assistant (16)

• Paralegal coursework (2)

• A+ Certification Computer Technician (1)

• CPA Review coursework (1)

• Driver Improvement classes (39)

16A N N U A L R E P O RT 16A N N U A L R E P O RT

• Merrimack Landing, with 492 apartments on 51 acres, was last renovated in 1995. Plans are being finalized for $21 million in site improvements, interior renovations and new on-site storage facility.

• The Builders and Designers Guild held their annual meeting in April 2014 which included a newly updated manual, upcoming RFPs and an update from the city’s new permit resource office.

• HomeNet program hosted 12 mortgage bankers for the inaugural “Lenders Lunch” in April 2014. The open-dialogue seminar is designed to collect feedback from lenders regarding NRHA homeownership programs.

• Board of Commissioners authorized NRHA to enter into a Land Disposition and Development Contract for final phase of East Beach. This final phase is anticipated to include a mixture of 80 townhomes, single-family homes, cottages and carriage house and 16 new retail/commercial businesses, culminating a redevelopment project that has completely transformed this 100 acre bay-front community.

• Property assessments for East Beach totaled $68 million in 2005, providing $756,000 in annual real estate taxes. In 2012, East Beach property assessments totaled $277 million, generating annual real estate taxes of $3.1 million.

• Norfolk’s West Freemason neighborhood is recognized as “Great Places in America: Neighborhoods” by American Planning Association.

• A new elementary school will be built in Broad Creek to replace aging Richard Bowling Elementary. NRHA collaborated with Norfolk Public Schools and the City of Norfolk to gather input for the future school’s design elements.

• Efforts proceeded to develop 27 new single family homes during 2014 on formerly blighted properties in Norfolk redevelopment and conservation areas. Ten new homes are completed and occupied, nine homes are under construction and eight home plans are being reviewed for approval, including seven parcels in Willoughby and eight parcels in Central Brambleton/Ballentine Place neighborhoods.

• In 2014, sales prices for new residences built on NRHA parcels, ranged from $126,000 to $776,900.

• Renovation of historic Monroe Building in Downtown Norfolk, consolidates Governor’s School for the Arts (GSA) serving 250 students from eight school districts and augments Virginia Stage Company (VSC) working space (see page 13).

• Plans submitted for five residential lots and one rehab on 34th Street. RFP to be released in Fall 2014.

NEWLY CONSTRUCTED SINGLE FAMILY HOMES IN WILLOUGHBY

BUILDERS & DESIGNERS GUILD ANNUAL MEETING

MONROE/GSA RIBBON CUTTING

SUSTAINABLE MIXED-INCOME COMMUNITIES

[ 2 ]

There is a need for a new housing model to create a healthy physical and social environment that would appeal to a wider range of incomes.

18

• Rezoning approved by City Council for ten Church Street townhomes. Construction to be complete by Fall 2014.

• Twenty-six first time homebuyers received counseling and direct financial assistance in purchasing homes in Norfolk utilizing grant funding from HOME program and Federal Home Loan Bank totaling $659,000. This leveraged private mortgages totaling approximately $3.3 million.

• NRHA is partnering with the The Community Builders (TCB) on development of 50 townhouse style apartments in Broad Creek which are intended to replace units demolished at Moton Circle. NRHA is working with TCB and HUD on a mixed-finance development and expects to begin construction in early 2015; with first units expected by end of 2015 and remainder available in 2016.

KROC CORP COMMUNITY CENTER DEDICATION AND RIBBON CUTTING (PHOTO CREDIT: SALVATION ARMY)

REMARKS OF MAYOR PAUL D. FRAIM KROC CENTER DEDICATIONSATURDAY, APRIL 26, 2014

GRANDY VILLAGE LEARNING CENTER HONORED AS A “SUSTAINED DISTINGUISHED PERFORMANCE RIVER STAR BUSINESS” BY THE ELIZABETH RIVER PROJECT

• Forty-five Norfolk homeowners received assistance in renovation and repair, including direct financial assistance of $1.4 million, as well as technical assistance in the identification of needed rehabilitation elements and contract management.

• Park Terrace Apartments received a 2014 Award of Excellence from Tidewater Multifamily Building Council.

A N N U A L R E P O RT

• Norfolk KPMG, LLP gave NRHA a “clean audit” for fiscal year ending June 30, 2013.

• Working with the Norfolk Consortium, NRHA transitioned employee health benefits from fully-insured to self-insured, saving $6.25 million annually.

• Hampton Roads Ventures, NRHA’s community development finance subsidiary, closed five projects from the 2013 Treasury Department $45 million allocation which range from manufacturing, retail and healthcare facilities.

• NRHA conveyed land, encompassing the Lake Wright Golf Course, to the Norfolk Economic Development Authority. The Simon Property Group will build a $75 million Premium Outlet Center with 120 upscale shops.

• Inaugurated state-mandated Virginia Retirement System (VRS) contribution retirement plan for all employees hired after January 1, 2014. Created benefits policies and procedures needed to adopt the hybrid retirement plan.

• Modified employment status, hours worked and other staffing policies to comply with the provisions of the Patient Protection and Affordable Care Act (ACA).

• Technology Steering Community established to advance NRHA’s business goals and objectives through effective use of information technologies.

• In coordination with the Norfolk Police Department, held organization-wide workplace violence avoidance training.

• Conducted organization-wide training on a new performance evaluation system that will be fully implemented in 2014.

• Purchasing staff members earned two Certified Public Procurement Officer (CPPO) and two Certified Public Procurement Buyer (CPPB) credentials.

• Housing Choice Voucher (HCV) inspectors equipped with tablets to enable inspectors to record inspection results from remote field locations, thus improving efficiency and effectiveness of their work processes.

• NRHA continues to provide outsource services such as property inspections, carpentry and vehicle maintenance for neighboring housing authorities, providing incremental revenue for the authority.

• Server and storage architecture upgrades performed to transition the server computing systems to a private cloud virtualized architecture.

• Six staff members obtained mortgage lending originator certifications.

• Employee payroll system updated from FOXPRO to more efficient and economical SQL program.

• Recycling program implemented at 201 Granby St. headquarters resulted in one third less trash each week overall.

• In September 2013, the Virginia Supreme Court rendered a decision terminating NRHA’s eminent domain authority relating to acquisition of three properties located in Council-approved redevelopment areas. This decision effectively brings to a close a long chapter of NRHA’s history, where thousands of terribly blighted properties, harmful to the public welfare, were acquired, cleared and redeveloped in collaboration with the private sector for the benefit of Norfolk citizens.

STRATEGIC BUSINESS APPROACH[ 3 ]

To meet changing requirements and to make the best use of our resources, we are developing a new approach for the delivery of products and services.

NRHA supporting City and Cordish Companies to transition and reposition existing Waterside Festival Marketplace to Waterside Live!, which will create hundreds of new jobs. It is projected to generate an estimated $93 million in direct revenue to the City over 30 years and an estimated $850,000 annually in parking revenue.

Achieved Standard & Poors Credit Rating of A+, which is one of the highest for redevelopment and housing authorities nationwide.

CHAIRMAN SHEP MILLER HOSTED YOUTH RESIDENTS AT WASHINGTON REDSKINS GAME

YOUTH RESIDENTS IN SAIL NAUTICUS PROGRAM

NAHRO CONFERENCE: SOCIAL MEDIA PANEL

COMMUNITY DEVELOPMENT TOUR

HONORED AS FINALIST

COMMUNITY ENGAGEMENT & SUPPORT[ 4 ]

RECOGNITION BANQUET

PARTNERS FAIR

• NRHA Board met with City Council in April for the annual state of the authority briefing.

• NRHA partnered with The Virginia STEM Innovation Network to build strong student interest and engagement leading to enhanced career opportunities for students residing in public housing. Northside Middle School and NRHA team won first place in STEM competition held in February at U.S. Military Academy, West Point, NY.

• Advocated for City of Norfolk highest 2014 General Assembly priority to establish Recurrent Flooding Study Committee, which went into effect July 1.

• Partnered with Hampton Roads Realtors Association to gain passage of Virginia First-Time Homebuyers Savings Account legislation at 2014 General Assembly.

• Norfolk was host city of 2013 Governors Housing Conference. NRHA coordinated a community development tour and provided a presentation on economic impact study conducted by William and Mary Mason School of Business.

• Participated with Norfolk Councilwoman, Mamie Johnson, in panel presentation at Virginia Housing Coalition “At the Intersection of Housing and Education” Symposium, June 2014

• Presented at National Association of Redevelopment and Housing Officials (NAHRO) conferences: overview of NRHA mobile website, 2013 Summer Conference; participated on social media panel, 2014 Legislative Conference; and presented on legislative advocacy, 2014 Summer Conference.

• Participating with City of Norfolk as one of 33 “Resilient Cities” world-wide designated by Rockefeller Foundation.

• Third annual Partners Fair was held in November 2013 designed to connect residents to agencies that provide job trainings, job readiness skills, child care services assistance, GED programs, higher education, computer skills, financial and credit counseling and employment opportunities.

• Seventeenth Educational Conference and Health Fair was held in June 2013 for NRHA residents. The Fair hosted 20 agency vendors as well as a Physician Panel.

• Father’s Day event held in June 2013 attracted 500 families with guest speaker David K. Mineta, Deputy Director of Demand Reduction for the Office of National Drug Control Policy. Representatives from HUD have used this program as a national model.

• Recognition Banquet in June 2013 recognized 42 honorees, both students and adult residents, who achieved academic success by celebrating at the Tides game or on Spirit of Norfolk cruise.

• Supported “Norfolk Collaboratory” brand messaging initiative through Nautical Channel travel documentary.

NRHA’s 2012 Annual Report honored as finalist in PR News Platinum

Awards in NYC

Recognizing the interrelated nature of our mission, NRHA resolves to work to become a trusted partner that works collaboratively with Norfolk

citizens, key stakeholders and partners.

20A N N U A L R E P O RT

[ Sail Nauticus ]SAILQUEST SUMMER CAMP FOR YOUTH RESIDENTS

Sail Nauticus is a Norfolk based non-profit organization committed to positively inspiring, instructing, and impacting Hampton Roads kids by teaching basic sailing skills and applying maritime sciences. This program was started thanks to a generous donation from Jane Batten, with matching grants and gifts.

The Sail Quest Summer camp launched in 2013, at the Nauticus waterfront campus, located in Downtown Norfolk. The biggest challenge was finding ways to reach an underserved population of kids and enroll them in the program. The answer was a partnership between Sail Nauticus, NRHA and Norfolk Public Schools. Together, the team was able to identify, assemble and transport the kids to the camp program. As a result, the camp experience was offered to over 100 NRHA youth residents.

The summer camp program was identified as the first of its kind in the nation and so successful it was selected to be showcased in the “ReThink - Why Housing Matters” campaign, sponsored by the Housing Authority’s Insurance Group. ReThink creates awareness for, and inspires the public to learn about the benefits that assist-ed-rental housing offers individuals as well as the greater community. A film crew was present for the first week of the Spring 2014 summer camp to capture the experience and interview both staff and youth resident participants. The video will be released as part of the campaign in Fall 2014.

[ Legislative Launches ]

NRHA teamed with Virginia Association of Housing

and Community Development Officials (VAHCDO) and

National Association of Housing and Redevelopment

Officials (NAHRO) to focus on the impacts of continued

federal budget sequestration on vulnerable Virginia

households that cannot afford market rents. The HCV

program provides affordable, quality housing choices

for low income households (average $16,000 annual

income) by allowing families to choose privately owned

rental housing. HCV program was only funded at 69%

of what it costs to administer it and further cuts would

have put the program in severe jeopardy. At the time,

almost 3,500 families in Norfolk were awaiting vouchers.

Our outreach efforts came at a critical time as the

bipartisan House-Senate budget committee was close to

a deal in late 2013 that would raise sequestration caps

for FY2014 and 2015. A new spending plan had to be

enacted before expiration of Continuing Resolution on

January 15, 2014. Virginia was one of only two states

that had two Senators (Kaine and Warner)represented

on the budget committee. They were pivotal in reaching

the Bipartisan Budget Act in 2013 signed into law by

the President December 26, 2013. This bill effectively

allows the HCV administrative to rise from 69% to 79%,

public housing operating subsidy increase from 82%

to 88% and $100 million increase for public housing

capital fund.

As a member of the Senate Banking, Housing

and Urban Affairs Committee, Senator Warner and

Republican Senator Bob Corker from Tennessee

introduced legislation that would become the

framework for Housing Finance Reform and Tax Payer

Protection Act of 2013 (S.1217). This bill was passed

out of committee on a rare bipartisan vote May 15,

2014. NRHA and NAHRO worked closely with Senator

Warner’s office and Banking Committee staff on the bill’s

affordable housing provisions. And especially insertion

of language that explicitly states housing authorities

are eligible recipients for the bill’s Housing Trust Fund,

which would provide an estimated $5 billion per year in

stable funding for rental housing and homeownership. 22

The Tenant Management Council (TMC) was invited to attend a 2014 General Assembly session at the Capitol in Richmond. The group was hosted by Delegate Daun Hester and Senator Kenny Alexander.

A N N U A L R E P O RT

76% Housing Provides ongoing funding stream to close gap between what lower-income tenants can afford to pay in rent and cost of operating housing and resident services programs. Also pursue mixed-finance ventures to redevelop and reposition older projects in portfolio.

19% Development To partner with communities to develop existing land inventory as well as new land assembly opportunities that add to the tax base. Continue to create a robust homeowner assistance capacity to include rehabilitation products, homebuyer subsidy, credit repair and counseling.

5% Other Includes cost to support internal and external initiatives otherwise ineligible under federal programs and projects that do not fit within a specific division.

TOTAL 2014 BUDGET $90,200,448

The Authority delineates operating and program budgets for specific initiatives within three broad categories:

• Conservation and redevelopment neighborhoods • Assisted-rental communities; and

• Housing Choice Voucher (HCV) Program

The Authority proposes FY2014 Budget expenditures of $90,200,448, which represents a net increase of $928,164 (1.04 percent) over previous year’s $89,272,284 million budget.

HOUSING $68,450,60776%

OTHER $4,775,869 5%

DEVELOPMENT $16,973,972 19%

FY2014 Budget Overview

Sustainable Housing Matters

The Consolidated Annual Operating and Capital Budget sets forth revenue and expenditures

Year to Year Approved Budget ComparisonProjected Revenues &

ExpendituresTotal Housing Development Other

FY 2014 ($) $90,200,448 $68,450,607 $16,973,972 $4,775,869

FY 2013 ($) $89,272,284 $72,054,704 $14,731,155 $2,486,425

$ Change $928,164 $(3,604,097) $2,242,817 $2,289,444

% Change (FY13 to FY14) 1.04% -5.00% 15.22% 92.08%

% of FY2014 Budget 100.00% 75.89% 18.82% 5.29%

[ Staying the Course ]

Revenue Picture:

Revenue streams are supported largely by U.S. Department of Housing and Urban Development (HUD), City of Norfolk, and other revenue influenced by economic conditions. While revenue projections show limited growth, some local programs gained, while federal budget sequestration caused revenue declines for Federally Aided (12% reduction) and Housing Choice Voucher Programs (22% reduction) allocations. The Capital Fund Program projection includes factor funds received from HUD to build 16 new units in Grandy Village. The annual allocation from HUD for Capital Fund was reduced by 4%. The City of Norfolk’s federal grant programs increased at a rate of 4% for Community Development Block Grant Program (CDBG); and decreased 5% for HOME Program. The City’s general obligation bond resources increased revenues to NRHA for neighborhood conservation activities by 46%. Listed below are other revenue highlights for FY2014.

Expenditure Picture:

Following are highlights within the budget for FY2014:

• Elimination of 11 full-time positions and 1 part-time position, including 3 filled and 9 vacant positions;

• Suspension of merit pay increases for fifth consecutive year;

• NRHA’s health insurance premiums increased by an average of 8.2 percent in January 2014. Increased cost will be shared between employees enrolled in plan and NRHA;

• Decrease of management fees to be assessed to Assisted-Rental and Housing Choice Voucher programs in the amount of $688,011, to be made up from internal service fund reserves;

• Deferral of costs related to the implementation of resident service activities;

• Deferral of costs related to the implementation of security cameras and monitoring in assisted-rental communities;

• Staffing costs will continue to be controlled through attrition and position control measures.

24

• Utilization from the City of Norfolk General Fund appropriation for NRHA program delivery and administration $1 million

• Utilization from City of Norfolk’s Capital Improvement Fund to support the City’s four major neighborhood plans increased the budget by $1.7 million.

• Use of $2.9 million of Capital Fund Factor Funds for the renovation of Grandy Village Apartments.

• Use of $3.1 million in support of Federally Aided Programs from: NRHA Operating Reserves (Federal) $958K, NRHA Operating Reserves (Local) $1.1 million, Capital Fund Program $940K and NRHA Annual Earning $140K.

• Use of $513K from Merrimack Landing earnings for Housing Choice Voucher Program.

• Use of $254,709 from the NRHA operating reserves for Residential Tax Credit program.

• Use of $1.9 million from NRHA discretionary and nondiscretionary reserve balances to fund other programs.

• Dedication of balances remaining from Urban Development Action Grant activities for urban design and site planning activities.

• Utilization of $1.7 million earnings from non-public housing apartments.

A N N U A L R E P O RT

Community Names

Bobbitt Apartments

*Broad Creek

Calvert Square

Cottage Bridge Midrise

Diggs Town

Franklin Arms (Senior)

Grandy Village

Hunter Square

North Wellington Place

Oakleaf Forest

Partrea Apartments

Scattered Site Transitional

Sykes Apartments

Tidewater Gardens

Young Terrace

TOTAL Assisted Rental Units*managed by Community Builders

Units

84

300

310

47

422

100

363

91

25

257

114

15

84

618

746

3,576

Occupied

1980

2006

1957

2015

1952

2003

1953

1978

1988

1942

1979

1993

1980

1955

1953

Acres

3

87

19

2

30

3

44

3

7

24

6

N/A

2

44

36

ASSISTED-RENTAL APARTMENTS (MANAGED BY NRHA)

Merrimack Landing

Mission College

Oakmont North

Park Terrace

TOTAL Units

492

260

407

81

1,240

1941

1990

1971

1977

56

13

21

5

NRHA-OWNED APARTMENTS (UNDER PRIVATE MANAGEMENT)

HOUSING CHOICE VOUCHER PROGRAM (AS OF 06/30/2014)

Vouchers 2,755 Participating Landlords 877

OF HOUSING AND COMMUNITY REVITALIZATION

[ Statistical Digest ]

Community Names

Berkley II Sumler Terrace Apartments

Carney Park Beechwood Apartments

Central Brambleton Area

Condominium Conversions

Downtown West Redevelopment

PierPointe Condominiums Freemason

River Park Condominiums

The Heritage at Freemason Harbour

Educational Center Bowe Apartments

Ghent (includes Ghent Conservation)

Ghent on the Square Apartments

Ghent Village Apartments

Grace Covenant

Scattered apartment projects

Huntersville Village Apartments

Huntersville II Paradise Gardens Apartments

Rosemont

Baily Parker Townhouses

Cedarwood Village Apartments

Dundale Apartments

Oakmont Apartments

Ramblewood I and II Apartments

St. Andrews Place Condominiums

Spartan Village Townhouses

TOTAL Multi-Family Units

Units

126

136

32

52

72

44

180

16

110

140

79

150

180

84

114

104

100

128

300

184

69

2,400

MULTI-FAMILY DEVELOPMENTS

26

HOMEOWNERSHIP SERVICESHomeNet FY2014 First-Time Buyer Closings................................................. 26 Total Sales....................................................................................... $3.6 million Total Private Funding Leveraged........................................................ $3.3 million

A N N U A L R E P O RT

OF HOUSING AND COMMUNITY REVITALIZATION

[ Statistical Digest ]

8th to 9th Bay

17th to 19th Bay

Attucks Square

Attucks Square West

Ballentine Place

Bay Oaks Place

Bell Diamond (6-15)

Berkley

Broad Creek

Carney Park

*Central Brambleton Arch

Cottage Place

*East Beach

East Ocean View

Gatewood Square

Ghent Square

Huntersville II

Ingleside

Lamberts Point

Lincoln Gardens

Meadowbrook Woods

Middle Towne Arch

Osborne Road

Park Place

Pinewell-by-the-Bay

StoneBridge Crossing

*The Maplewoods at Olde Huntersville

Townhouses at East Church

Wellington East

Wellington Oaks

Westchurch

Willoughby

Scattered Site In-Fill (new and rehabilitated) TOTAL Single-Family Units

*Under construction

Units 5

25

28

24

1

10

74

3

89

72

137

11

459

3

10

462

1

23

20

54

120

188

8

22

73

108

27

13

19

300

31

8

4,6537081

Occupied 2001

2002

1990

1992

2013

1994

1973

2012

2005

1976

2001

1999

2004

2011

2000

1976

2012

1995

2011

1981

1979

1986

1997

2006

1990

1997

2009

2007

1991

1974

2004

2013

Acres 1

3

4.5

5

0.5

1.4

8

1.1

86

25

78.5

2.3

100

1.2

1.3

65

0.5

4.9

1.4

18.8

32

62

1

12

19

51

3

3

3

31

3.7

1.2

SINGLE-FAMILY & TOWNHOME PRODUCTION

Area Ballentine Place

Bayview Rehabilitation District

Berkley II

Berkley III

Campostella Heights

Central Brambleton

*Colonial Place - Riverview

Cottage LIne

*Downtown West

East Ocean View

*Ghent

Kensington/Dominion Place

*Lafayette - Winona

Lambert’s Point

Mid-Town Industrial

*North Titustown

Park Place

Villa Heights

West Ocean View

Willoughby

TOTAL PROJECTS: 20*Inactive projects

Acres 244

733

8

200

80

77

234

299

33

571

155

67

386

89

106

28

221

83

362

138

4,114

Started 1987

1989

1972

1986

2001

1991

1973

1988

1974

1989

1969

1986

1979

1994

1988

1983

1973

1986

1981

2000

CONSERVATION PROJECTS

Special Service Districts Fairmount Park

Wards Carner

Campostella

Started 2007

2008

2010

28

Rehab program assisted 20 householdsRepair program assisted 25 householdsAesthetic Improvement program assisted 20 households

$1.1 million

$288,886

$145,463

TOTAL REHABILITATION LOANS/GRANTS FY2014

A N N U A L R E P O RT

Project Atlantic City (R-1)

*Bell-Diamond (A-1-3)

Berkley II (A-1-5)

Berkley IV

Church Street

*Downtown East (R-18)

Downtown North (R-8)

Downtown South (R-9)

Downtown West (A-1-6)

E. Ghent North (A-1-2)

E. Ghent South (A-1-1)

East Ocean View

*Educational Center (A-1-4)

Hampton Blvd.

Huntersville I (R-70)

Huntersville II

Old Dominion (R-28)

Project #1 (UR1-1)

Rosemont (R-25)

South Brambleton

*Wood Street

TOTAL Projects: 21

Acres 141

28

68

36

29

20

106

72

70

90

69

150

118

66

28

71

37

123

305

142

10

1,779

Start 1957

1969

1972

1994

1977

1961

1958

1961

1973

1969

1969

1989

1969

1997

1971

1980

1963

1951

1962

1991

1978

Primary Land Usemedical center

residential

residential

residential

commercial

commercial, public

commercial, public

commercial, public

residential, commercial

residential, schools

residential

residential

residential, schools

commercial, residential

residential

residential

expansion, commercial, residential

commercial, public

residential

industrial

public

REDEVELOPMENT PROJECTS

Attucks Theatre

MacArthur Center

Monroe Building

Tidewater Community College - Norfolk Campus

Waterside Festival Market Place

*Closed-out projects

Completed

2004

1999

2014

2000

1983

OF HOUSING AND COMMUNITY REVITALIZATION

[ Statistical Digest ]

SPECIAL PROJECTS

Project Carney Park

Tucker House

Educational Center

COGIC

Ghent

John Knox Towers

Huntersville II

Calvary Towers Medical

Facilities of America Nursing

Lamberts Point

Village Pointe Apartments

Village Gardens

Middle Towne Arch

Annetta Lane

Grace Place

Rosemont

Braywood Manor

TOTAL

Units

127

150

150

112

180

60

40

40

40

228

1,127

SENIOR HOUSING DEVELOPMENTS*

*Developed by NRHA, now under different management

30

Type East Ocean View Acquisition Bond

Commercial Industrial/Other Development Bonds

New/Rehabilitation Multi-family

Harbor’s Edge CCRC

ODU Student Housing

No.

1

76

30

1

1

UnitsN/A

N/A

5,879

246

278

$million

$9.9

$184.9

$149.6

$53.2

$56

REVENUE BOND ACTIVITY (SINCE 1977)

A N N U A L R E P O RT

201 Granby Street Norfolk, Virginia 23510-1816Main Phone Number: 757.623.1111TDD for Hearing Impaired: 800.545.1833Fax: 757.314.2105www.nrha.us

PRODUCED BY NRHA COMMUNICATIONS AND GOVERNMENT RELATIONS DEPARTMENT