NRHA 2013 Annual Report

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[ Staying the Course ] BECAUSE SUSTAINABLE MATTERS [ Staying theHOUSING Course ] BECAUSE SUSTAINABLE HOUSING MATTERS

J ANUARY 2013-J U N E 2014 AN N U AL R EPO RT JULY 2013-JULY 2014 AN N U AL R EPO RT


[ Staying the Course ] A MESSAGE FROM OUR CEO

E

Every 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

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

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,

Napoleon Hill

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


[ Navigate ] TABLE OF CONTENTS

VISION

MISSION

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

1 3 6 7 8 9 12

Bringing Monroe Building Back to Life Our Goals: 1. Quality Housing Opportunities for All 2. Sustainable Mixed-Income Communities 3. Strategic Business Approach 4. Community Engagement and Support Sail Nauticus Legislative Launches Budget Overview Statistical Digest

13

ANNUAL REPORT

15 17 19 20 21 22 23 25

2


[ At The Helm ] OUR BOARD COMMISSIONERS BOARD OFOF COMMISSIONERS

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

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.

CHANGE OF COMMAND Welcome New Chairman F. Nash Bilisoly New Board Members Alphonso Albert Richard Gresham


[ 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.

ALPHONSO ALBERT 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.

RICHARD GRESHAM 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.

ANNUAL REPORT

4


[ Board of Commissioners ]

F. NASH BILISOLY

BARBARA HAMM LEE

Chairman Attorney Vandeventer Black LLP

Vice-Chariman Executive Producer/Host of “Another View” WHRO TV

RICHARD GRESHAM

ALPHONSO ALBERT Executive Director Garden of Hope Community Development Corporation

ROBERT J. SOBLE

Vice President E.T. Gresham Company

ROSE ARRINGTON

President Tenant Management Corporation Diggs Town

President and Owner Pottery Art Studio

DONALD MUSACCHIO Retired Federal Service Consultant

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

FAREWELL TREVOR ROBINSON

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.


[ Farewell to W. Sheppard Miller, III ] FAIR WINDS AND FOLLOWING SEAS

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. W. SHEPPARD MILLER, III

“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.” 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

ANNUAL REPORT

6


[ Executive Leadership Team ] CHARTING THE COURSE

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

SEAWORTHY 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.

Left

Right

Ed Ware

Shurl Montgomery

Communications and Government Relations Director

Chief Executive Officer

James Hollomon

Donna Mills

Real Estate Services Director

Property Management Director

Donnell Brown

Richard Archer

Chief Housing Officer

Human Resources Director

Brenda Benn

John Kownack

Budget and Compliance Director

Chief Community Development Officer

Michael Clark

Clara Graves

Neighborhood Services Director

Chief Financial Officer

Jamie Jones

Nathaniel McCormick

Information Services Director

Senior Architect, Development

Julius Norman Workforce Development Manager

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


[ NRHA Organizational Chart ] ALL HANDS ON DECK

Board of Commissioners

Executive Office

Administrative Operations

Housing Operations

Development Planning and Community Building

Strategic Direction Team

Finance

Property Management

Real Estate Services

Human Resources

Administrative Services

Housing Choice Voucher Program

Planning/Project Management

Communications/ Government Relations

Budget Management

Capital Fund Program

Neighborhood Programs

Information Systems

Facilities Management

Client Services

Program Development

ANNUAL REPORT

8


[ An Affordable Place

to Call Home ]

The first time a colleague shared information with Lavern Wilson about NRHA’s first-time homebuyer program she handed the application to a coworker.

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,

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

was $175,000 or more.

But the bus driver and mother of three held tight when

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

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

lookers,” she said, usually because the housing inventory

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

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

She discovered that the program aims to increase the amount of affordable housing for would-be homeowners in

code. Besides,

Fortes

added,

“For

the

(program)

Norfolk with lower to moderate incomes. The program is

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

offered through NRHA and City of Norfolk.

any major repairs.”

Through the program, eligible first-time buyers receive

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

assistance on down payments and closing costs through

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

forgivable “soft-second” mortgage loans that feature no

HomeNet reached out to some builders with whom

interest or monthly payments.

it had previously worked and asked:

“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-

Could they build a house, lot included, for “I LIVE IN THE PROJECTS – BEEN THERE 19 YEARS – AND DIDN’T KNOW I COULD BUY A HOME.”

$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

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

membership is a requisite for participating

brand new.

in single-family-home construction projects

The

Ballentine

Boulevard

house

in which the authority is the land developer.

that Wilson will inhabit is the program’s inaugural new construction dwelling built for $126,000. LaShawn

Fortes,

manager

of

“This was kind of an experiment to see how reasonably or low-priced or affordable a home can be,” Howerin said.

the

HomeNet

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

Homeownership Center, an NRHA component that started

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

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

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

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

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

planned in Berkley.

lot’s smaller dimensions.

Some clients were stagnating in the program not

Howerin

worked

with

TightLines

Designs,

an

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

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

White Moore, NRHA’s Senior Communications and

designs for environmentally friendly and affordable homes.

Marketing Specialist, but because they were “unable to

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


HOW TO QUALIFY To qualify for the Down Payment/Closing Cost Assistance Program, one must: • 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

FORTES AND HOWERIN OUTSIDE THE NEW HOME

the area. For example, effective Feb. 9, 2014, in Norfolk, that would be $56,500 for four people.

years and TightLines project manager Craig Bethel said the

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

company typically does Victorians or bungalows to blend in with a

Virginia Housing Development Authority (VHDA)

neighborhood’s existing homes.

approved lender with a pre-approved loan that

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

specifies, among other things, a loan amount, a

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

fixed interest rate, type of standard fixed-rate loan

downstairs, which offers larger living in a smaller footprint.

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

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

that the credit of the first mortgage borrower

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

meets program guidelines including, among

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

others, no unsatisfied collections or judgments.

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

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

with today’s efficiency.”

• Must have a certificate of completion from

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

Homenet’s VHDA homeownership educational

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

class.

structure also features plenty of recycled wood products, Energy Star-approved appliances and energy-efficient windows and

*Households that are interested in down-payment

doors.

and closing cost assistance from the NRHA must

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

be determined eligible before ratifying a contract.

paint, flooring and counter tops.

Those with a ratified contract before eligibility

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

is determined will be automatically ineligible for

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

assistance.

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.

Learn more

“The people who’ve qualified for the program have worked hard to get there,” he said.

Online: www.nrha.us/own/HOMEprogram

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.

Call: HomeNet Homeownership Center 757-314-4202

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 continued ANNUAL REPORT

10


[ 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 $126,000 BALLENTINE HOME

Authority, as well as HUD-certified housing agencies, private lenders and real-estate professionals.

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

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

Fortes said the average household seeking a home

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

through the program spends two years preparing financially,

program provides a no interest loan that is partially forgiven on

including eliminating debt and increasing credit score.

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

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

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

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

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

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

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

“We take a holistic approach from beginning to

home.”

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.

“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.”

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,

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


[ Downtown: The Hip Place to Live ] Norfolk Ranks #3 in Top 25 Hipster Zip Codes ZIP

City

55101

Saint Paul

25-34% % Who Walk of Pub. Transit Population to Work 34.90

38.80

% Who Rent

Rent Vacancy Rate

Ave. Rent 3 Bedroom Home

Median Price

72.10

2.90

$1,460

$125,332

13.98

Gross Rent Yield %

15203

Pittsburg

23.90

29.60

51.20

4.30

$1,220

$135,000

10.84

23510 23510

Norfolk Norfolk

25.00 25.00

21.30 21.30

72.40 72.40

3.40 3.40

$1,510 $1,510

$227,600 $227,600

7.96 7.96

55401

Minneapolis

36.30

30.00

52.40

2.70

$1,920

$296,774

7.76

22304

Alexandria

23.50

20.70

57.70

4.40

$1,980

$310,000

7.66

07073

East Rutherford

20.40

27.80

57.60

4.80

$2,060

$350,000

7.06

22203

Arlington

33.50

41.50

65.20

2.90

$2,440

$437,600

6.69

52246

Iowa City

22.00

24.50

57.90

3.60

$1,150

$212,500

6.49

98121

Seattle

30.20

51.20

76.30

4.30

$1,810

$351,500

6.18

98007

Bellevue

28.10

21.90

64.10

3.00

$1,920

$387,000

5.95

55408

Minneapolis

32.20

22.40

74.00

2.00

$1,170

$236,850

5.93

11104

Sunnyside

24.90

80.00

85.80

2.60

$1,870

$380,050

5.90

07030

Hoboken

39.30

65.40

67.20

4.20

$2,740

$559,444

5.88

11102

Astoria

26.70

76.10

83.70

3.50

$2,060

$435,000

5.68

11232

Brooklyn

22.90

77.50

79.10

3.40

$1,850

$392,000

5.66

20910

Silver Spring

22.90

37.70

62.60

3.40

$2,010

$441,683

5.46

60625

Chicago

22.40

37.30

60.00

5.00

$1,220

$282,500

5.18

53703

Madison

23.30

42.70

82.70

4.70

$1,170

$282,500

4.97

94107

San Francisco

29.50

39.80

61.50

2.50

$2,970

$725,750

4.91

55405

Minneapolis

23.80

21.10

61.30

4.80

$1,150

$282,000

4.89

80218

Denver

32.00

20.40

68.00

2.90

$1,130

$282,500

4.80

$1,890

$479,100Source: www.realtytrac.com 4.73 $605,000

11377

Woodside

20.80

75.70

72.70

1.60

22201

Arlington

42.70

41.80

63.00

ATTRACTING AND RETAINING IN THE 23510

4.50

$2,370

60647

Chicago

27.10

34.20

62.50

4.90

CRACKING THE CODE4.69 $1,270 $325,000

60642

Chicago

37.80

42.90

63.40

4.70

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.

4.70

ABOUT HAPPENINGS IN NORFOLK! $1,430

$370,000

ANNUAL REPORT

4.64

12


[ An Artistic Touch: ] BRINGING MONROE BUILDING BACK TO LIFE

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 construction-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 BEFORE AFTER 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 BEFORE AFTER 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 BEFORE AFTER 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. ANNUAL REPORT

14


Our Goals

[ 1 ]

QUALITY HOUSING OPPORTUNITIES FOR ALL NRHA is committed to providing a continuum of housing options for households of all incomes seeking housing.

• 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.

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

• NRHA achieves “High Performer” designation under HUD Public Housing Assessment System (PHAS), which measures physical condition of properties, financial management and resident satisfaction.

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

• In the ongoing redevelopment of Grandy Village, HUD approved the phased demolition of 88 obsolete assisted-rental units,

challenged neighborhoods just east and west of downtown. • The Salvation Army opened its Ray and Joan Kroc Corps

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

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

apartments by 2018. Future development plans call for a senior

and wellness center in April at Broad Creek. This regional

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

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

rental and market-rate apartments.

and performing arts theatre.

• Broke ground in February 2014 on Cottage Bridge Midrise,

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

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

a Homeownership Workshop to a select group of 50 eligible

located at 7408 Tidewater Drive. This project will also meet

residents who were interested in utilizing NRHA programs to

Earth Craft energy efficiency standards.

achieve homeownership.

• 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.

• 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.

• 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

• Security camera surveillance systems installed in five senior midrise apartments. • Completed over $4 million of improvements for assisted-

housing plan, including implementation strategies, to ensure an

rental properties, including accessibility and erosion control

adequate supply of quality and affordable housing.”

improvements, roofing repairs and upgrades, new windows and

• 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

HOMEOWNERSHIP WORKSHOP

doors as well as other interior improvements. • Started $8.35 million of new work, including electrical infrastructure and hot water tank improvements .

UNITED WAY DAY OF CARING

FRANKLIN ARMS 10TH ANNIVERSARY


CAPTION RAY AND JOAN KROC CORP COMMUNITY CENTER

BREAKING GROUND AT COTTAGE BRIDGE MIDRISE

Client Services Department lands $1.6 million in grants for STEM education and workforce training: • 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: • Phlebotomy (13) • Pharmacy Technician (10) • Certified Nursing Assistant (16) • Paralegal coursework (2) • A+ Certification Computer Technician (1)

NRHA ACCEPTS STATE FARM GRANT

• CPA Review coursework (1) • Driver Improvement classes (39) • 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

YOUTH RESIDENTS AT AAU CHAMPIONSHIP

otherwise be adversely affected by HUD program decisions.

ANNUAL REPORT

16


[ 2 ] SUSTAINABLE MIXED-INCOME COMMUNITIES 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.

• 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.

NEWLY CONSTRUCTED SINGLE FAMILY HOMES IN WILLOUGHBY

• 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.

BUILDERS & DESIGNERS GUILD ANNUAL MEETING

• 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).

MONROE/GSA RIBBON CUTTING

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


• 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. • 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.

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

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

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

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

18


[ 3 ]

STRATEGIC BUSINESS APPROACH

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.

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

• 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.

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.

• 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.


[ 4 ] COMMUNITY ENGAGEMENT & SUPPORT 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.

COMMUNITY DEVELOPMENT TOUR

• 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.

NAHRO CONFERENCE: SOCIAL MEDIA PANEL

• 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.

CHAIRMAN SHEP MILLER HOSTED YOUTH RESIDENTS AT WASHINGTON REDSKINS GAME

• 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.

YOUTH RESIDENTS IN SAIL NAUTICUS PROGRAM

• 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.

PARTNERS FAIR

HONORED AS FINALIST

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

ANNUAL REPORT RECOGNITION BANQUET

20


[ 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 assisted-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.

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.

ANNUAL REPORT

22


[ Staying the Course ] TOTAL 2014 BUDGET $90,200,448 76% Housing

FY2014 Budget Overview

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.

Sustainable Housing Matters

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.

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

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

DEVELOPMENT $16,973,972 19%

OTHER $4,775,869 5%

HOUSING $68,450,607 76%

• 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.

Year to Year Approved Budget Comparison Projected Revenues & Expenditures

Total

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%


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. • 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.

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.

ANNUAL REPORT

24


[ Statistical Digest ] OF HOUSING AND COMMUNITY REVITALIZATION

ASSISTED-RENTAL APARTMENTS (MANAGED BY NRHA) Community Names

Units

Occupied

Acres

Bobbitt Apartments *Broad Creek

84 300

1980 2006

3 87

Calvert Square Cottage Bridge Midrise

310 47

1957 2015

19 2

Diggs Town Franklin Arms (Senior) Grandy Village

422 100 363

1952 2003 1953

30 3 44

Hunter Square North Wellington Place Oakleaf Forest

91 25 257

1978 1988 1942

3 7 24

Partrea Apartments Scattered Site Transitional

114 15

1979 1993

6 N/A

Sykes Apartments Tidewater Gardens Young Terrace

84 618 746

1980 1955 1953

2 44 36

TOTAL Assisted Rental Units

3,576

*managed by Community Builders

NRHA-OWNED APARTMENTS (UNDER PRIVATE MANAGEMENT) Merrimack Landing Mission College Oakmont North Park Terrace TOTAL Units

492 260 407 81 1,240

1941 1990 1971 1977

HOUSING CHOICE VOUCHER PROGRAM (AS OF 06/30/2014) Vouchers 2,755 Participating Landlords 877

56 13 21 5


MULTI-FAMILY DEVELOPMENTS Community Names

Units

Berkley II Sumler Terrace Apartments Carney Park Beechwood Apartments

126

Central Brambleton Area Condominium Conversions

136 32 52

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

72 44 180 16 110 140 79 150 180 84 114 104 100 128 300 184 69 2,400

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

ANNUAL REPORT

26


[ Statistical Digest ] OF HOUSING AND COMMUNITY REVITALIZATION

SINGLE-FAMILY & TOWNHOME PRODUCTION 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

Occupied

Acres

5 25

2001 2002

1 3

28

1990

4.5

24

1992

5

1 10 74 3 89 72 137 11 459 3 10 462 1 23 20 54 120 188

2013 1994 1973 2012 2005 1976 2001 1999 2004 2011 2000 1976 2012 1995 2011 1981 1979 1986

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

8 22 73 108 27 13 19

1997 2006 1990 1997 2009 2007 1991

1 12 19 51 3 3 3

300 31 8 4,653 7081

1974 2004 2013

31 3.7 1.2


CONSERVATION PROJECTS Area

Acres

Started

Ballentine Place

244

1987

Bayview Rehabilitation District

733 8

1989 1972

200

1986

80 77 234 299 33 571 155 67 386 89 106 28 221 83 362 138 4,114

2001 1991 1973 1988 1974 1989 1969 1986 1979 1994 1988 1983 1973 1986 1981 2000

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 Special Service Districts Fairmount Park Wards Carner Campostella

Started 2007 2008 2010

TOTAL REHABILITATION LOANS/GRANTS FY2014 Rehab program assisted 20 households Repair program assisted 25 households Aesthetic Improvement program assisted 20 households

$1.1 million $288,886 $145,463

ANNUAL REPORT

28


[ Statistical Digest ] OF HOUSING AND COMMUNITY REVITALIZATION

REDEVELOPMENT PROJECTS Acres

Start

Primary Land Use

141

1957

medical center

*Bell-Diamond (A-1-3)

28

1969

residential

Berkley II (A-1-5) Berkley IV

68 36

1972 1994

residential

29 20 106 72 70 90 69 150 118 66 28 71 37 123 305 142 10 1,779

1977 1961 1958 1961 1973 1969 1969 1989 1969 1997 1971 1980 1963 1951 1962 1991 1978

Project Atlantic City (R-1)

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

SPECIAL PROJECTS Attucks Theatre MacArthur Center Monroe Building Tidewater Community College - Norfolk Campus Waterside Festival Market Place *Closed-out projects

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

Completed 2004 1999 2014 2000 1983


SENIOR HOUSING DEVELOPMENTS* Project

Units

Carney Park Tucker House

127

Educational Center 150

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

150 112 180 60 40 40 40

Grace Place Rosemont Braywood Manor TOTAL

228 1,127

*Developed by NRHA, now under different management

REVENUE BOND ACTIVITY (SINCE 1977) 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

Units N/A N/A 5,879 246 278

$million $9.9 $184.9 $149.6 $53.2 $56

ANNUAL REPORT

30


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

PRODUCED BY NRHA COMMUNICATIONS AND GOVERNMENT RELATIONS DEPARTMENT


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