July 2013
THE GRAPEVINE Hopewell Redevelopment & Housing Authority
Langston Park Update At the last community meeting held by HRHA and Community Housing Partners (CHP), residents were informed that the redevelopment project was awaiting approval of the VHDA tax credit application. HRHA and CHP received notice in mid-June that VHDA had approved the pending application and plans to redevelop Langston Park could move forward. The funding of the redevelopment is significant in that it will be the first in the state financed by the RAD program using highly competitive nine percent tax credits administered by VHDA.
Volume 208, Issue 41
Monthly Reminders:
Kippax Place— July 7, 2013 5:30 pm Davisville/Bland Court— July 17, 2013 1:00 pm Piper Square—July 17, 2013 1:00 pm Thomas Rolfe—July 25, 2013 1:00 pm Langston Park—July 24, 2013 1:00 pm
As the nonprofit owner, developer, architect and contractor of Langston Park, CHP will use environmentally-responsible practices and products to upgrade the community to 56 energy efficient EarthCraft certified rental homes for area families. The mixed-income project will involve demolition of the existing outdated units and construction of 26 new two-bedroom apartments, 26 three-bedroom apartments and four four-bedroom apartments. The redeveloped community will serve families and individuals earning at or below 50% of the area median income (AMI), with 30 of the apartments receiving residents with HUD project-based rental assistance through the RAD program. The RAD program is a central part of HUD’s rental housing preservation strategy that was initiated in September 2012 and provides a mechanism for housing authorities to convert public housing and assisted housing properties to project-based or long-term Section 8 rental assistance communities. The program allows properties to be redeveloped, rehabilitated and financed as stable long-term assets. The LIHTC program is administered in Virginia by VHDA and encourages the development and rehabilitation of affordable rental housing by providing owners with federal income tax credits for units meeting the program’s requirements. David Schultz, CHP Vice President of Development, stated, “Without VHDA’s support of this project, the revitalization of Langston Park would not have been viable.” “Most of the existing public and low-income housing in the city is functionally obsolete, although much effort is being put into maintaining this stock,” stated Steve Benham, HRHA Executive Director. HRHA is internally working on its goal to revitalize its complete housing portfolio and be a catalyst for the revitalization of housing in the city of Hopewell and the Tri-cities region. The agency is proud to be the first recipient of this award and looks forward to the benefits that project completion will provide to area citizens.
Neighborhood Watch/Resident Council Meetings:
Thomas Rolfe Good News Club, 1st & 3rd Saturday in the Community Center. Rental payments are due on the 1st of each month and must be paid at SunTrust Bank by 5:00 p.m. Any payment received after 5:00 p.m. is considered next day and a late fee will be assessed.
Inside this issue: HRHA Grievance Procedure
2
HRHA Employee Spotlight
2
Management Policy
3
Teen Summit
3
Management Corner
4
Father’s Day Celebration
4
Laos Outreach Center
5
Upcoming Community Events
5