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2011 Annual Report

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Annual Report for Norfolk Redevelopment and Housing Authority

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Page 1: 2011 Annual Report
Page 2: 2011 Annual Report

2 FY2011 Annual Report

Cover

Upper photo: Hampton and old Dominion Universities build for sustainability with “Unit 6 Unplugged” entry into U.S. Department of energy Solar Decathlon competition. NrHA acted as technical advisor to the student architects and engineers. Lower photo: Miracle Grow: Youth gardeners sow seeds for sustainable urban agriculture at Calvert Square apartments.

THiS pAge pHoTo: over 75,000 visitors attending, Fall Homearama at east Beach, experience why the community won the Congress for New Urbanism 2011 Charter Award for sustainability.

Page 3: 2011 Annual Report

FY2011 Annual Report 3

Introduction

From highly efficient affordable homes powered by the sun to urban gardens that improve land-use, access to fresh produce and healthy lifestyles, sustainability is not a passing fad. It is a way of living and working that is here to stay. As new technologies, policies and business practices emerge, NRHA is transforming to capture new opportunities, position ourselves for future competitiveness and save money.

“Moving Toward Sustainability” is the theme of this year’s annual report and the following pages highlight many of our repositioning initiatives now or soon to be underway. We appreciate the support of our Board of Commissioners as well as City and community partners as we move down the path to greater sustainability.

Sincerely,

Shurl R. Montgomery, CEO

from the Chief Executive OfficerNrHA received a recordnine 2011 NationalAwards of Merit from theNational Association ofHousing and redevelopmentofficials (NAHro), putting itin the top tier of best-practiceagencies nationwide. pictured: NrHA Ceo Shurl Montgomery andNAHro president Akinola popoola.

Page 4: 2011 Annual Report

4 FY2011 Annual Report

Here Comes tHe sustainable neigHborHood: 14 contemporary earthCraft townhomes rise on 26th st. in lamberts Point.

Present for the november 12 groundbreaking for the lam-berts Point townhomes were l to r: nrHa Commissioner robert soble, Vice mayor anthony burfoot, nrHa Com-missioner robert layton, lamberts Point Civic league President ellen Harvey, nrHa Ceo shurl montgomery, Congressman bobby scott, City Councilman barclay Winn, senator Yvonne miller and nrHa board of Com-missioners Chairman W. sheppard miller, iii.

Page 5: 2011 Annual Report

FY2011 Annual Report 5

Board of Commissioners

Clockwise from left:

Bob Layton, Robert Soble, Chairman of the Board Sheppard Miller, IIIVice-chairman Barbara Hamm Lee, F. Nash Bilisoly, Hattie Anderson

(Trevor Robinson - not pictured)

Miller Hamm-Lee Robinson

W. sheppard miller, iii was re-elected chairman of the board. norfolk City Council named trevor robinson and barbara Hamm lee to the norfolk redevelopment and Housing authority (nrHa) board of Commissioners. trevor robinson is an attorney with robinson law group serving norfolk. barbara Hamm lee is WHro’s tV Creative services officer. she has been elected Vice-chairman to nrHa’s board of Commissioners.

Page 6: 2011 Annual Report

6 FY2011 Annual Report

Executive Leadership Team

Nat McCormickArchitect

Tim CoyleLegal Counsel

Richard ArcherHuman Resources Director

Julius NormanWorkforce

Development Coordinator

Shurl MontgomeryChief Executive Officer and Executive Director

Ed WareCommunications and Marketing

Director

John KownackChief Housing

Reinvention Officer

Front row:Brenda BennBudget and

Compliance Director

Donnell BrownChief Housing

Officer

Donna MillsProperty

Management Director

Michael Clark Senior Real Estate

Development Specialist

James GehmanChief Development

Officer

Clara GravesChief Financial

Officer

Jamie JonesInformation Services

Director

Back row:

Page 7: 2011 Annual Report

FY2011 Annual Report 7

Highlights: 2010-2011

1. QuaLity Housing oppoRtunities foR aLL

GOAls:1) Quality Housing opportunities for all - NRHA is committed to providing a continuum of housing options for

households of all incomes seeking housing.

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.

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.

4) Community engagement & support - Recognizing the interrelated nature of our mission, NRHA resolves to work to become a trusted partner that works collaboratively with key Norfolk citizens, stakeholders and partners.

• nrHa rental portfolio consists of 3,466 assisted multifamily units, 2,800 housing choice vouchers (HCV) and 1,241 privately-managed multifamily apartments for a total of 7,507 households with 17,566 occupants. this represents eight percent of norfolk’s population and households.

• average income of assisted-rental household is $8,643. ninety-five percent of assisted-rental residents have income below 30% of area median income (ami), which is $20,000 for a four person household. Currently there are 4,000 applicants on assisted-rental waiting list.

• 6,844 norfolk residents or 3% of city popula-tions lives in quality affordable private-market rentals. the program serves 79 of norfolk’s 83 census tracts.

• average HCV household income is $16,491. ninety-five percent of HCV participants have incomes below 30% ami. For FY 2011, nrHa provided $21 million for housing assistance pay-ments to 1,260 land lords.

• an economic impact analysis by the the College of William and mary’s mason school of business concluded that for FY 2010 the HCV program provided $28.5 million in new local spending, which supported production of $19.8 million in goods and services within norfolk, produced by 180 employees.

• the Housing Choice Voucher program leased 411 new households in FY 2011 and was awarded 150 non-elderly disabled vouchers yielding an additional $1.2 million.

• annual assisted-rental Plan approved by the u.s. department of Housing and urban devel-opment (Hud) June 16.

• Village gardens, 40-unit senior apartment com-plex, opens on West 39th st. in lamberts Point and wins 2011 naHro award of merit.

• rezoning makes way for 43-unit expansion at existing 114-units Partrea senior apartments located at tidewater dr. and i-64. Construc-tion pending approval of housing tax credits application.

• new tenant management Councils and resident advi-sory boards were elected at assisted-rental properties. these councils and boards will be supported by a new officer train-ing program.

• Youth from assisted-rental communities learn first-aid and fire safety skills at the Fire science Camp.

Page 8: 2011 Annual Report

8 FY2011 Annual Report

• on march 25, nrHa and City of norfolk were presented with a check for $250,000 by Hud for the “Choice neighborhoods” grant to plan the transformation of st. Paul’s Quadrant into a sustainable mixed-income, mixed-use community. the grant was one of only 17 awarded nationally and the only grant awarded in Virginia. “Choice neighborhoods” is Hud’s new and expanded version of the HoPe Vi program.

• april 27 demolition event featuring remarks from Congressman bobby scott, mayor Paul Fraim and Vice mayor anthony burfoot begins clearance of obsolete moton Circle on 11 acres at 2500 Jamaica ave. this will make way for further “broadening” of vibrant broad Creek mixed-use and income community.

• William & mary mason school of business preparing report documenting recent eco-nomic impacts of nrHa housing and redevel-opment actitivites. Final report expected early 2012.

• the Central brambleton neighborhood is the first case study to be completed by William and mary. since early 1990s $22.7 million has been spent there on neighborhood improve-ments. in 2010, this neighborhood gener-ated $415,000 in property revenue with an assessed valuation of $37.4 million (increase of 360% since 2001). Property improvements increased by $15.3 million or 523% and underlying land values surged by $3.4 million or 420%.

• twenty new residences are planned next year for Central brambleton with a development value of over $4 million.

• as of summer 2011, 400 apartments and 94 homeownership units have been completed in broad Creek. another 184 dwelling units are planned on the north side of Princess anne rd. when market conditions and infrastructure funding allow.

• With a $56 million donation from the ray and Joan Kroc Foundation, founders of mcdonald’s Corp., and $22 million in local donations, a groundbreaking is scheduled in late 2011 for the 80,000 square foot Kroc Center. expected to open in december 2012, the community center in broad Creek will be the premier fit-ness and wellness facility in Hampton roads.

2. sustainaBLe Mixed-inCoMe CoMMunities

Highlights: continued

Page 9: 2011 Annual Report

FY2011 Annual Report 9

• grandy Village learning Center (gVlC) certi-fied with “gold” designation by u.s. green building Council leadership in energy and environmental design (leed) rating system making it first building so designated in norfolk. it also won 2011 naHro awards of merit and excellence; the green building Pioneer award from norfolk environmental Commission; and the river star award, the highest honor bestowed by the elizabeth river Foundation for leaders in environmental stew-ardship of the elizabeth river. the elizabeth river Project berthed its learning barge at gVlC.

• Property acquisitions and demolitions at intersection of brambleton and Park ave. move south brambleton redevelopment Plan forward. site will eventually be used for transit-oriented development.

• major corridor improvements underway along monticello ave., Central Hampton blvd and lafayette blvd. to prepare for future commer-cial and residential development.

• 14 contempo-rary earthCraft townhomes under construc-tion on 26th st. between Hampton blvd and bowdens Ferry rd.

• the maplewoods @ olde Hunt-ersville, featuring 27 earthCraft townhomes, is completed.

• nrHa builders and designers guild hosted two events that featured national experts in green building and other innovative design and construction techniques.

Highlights: continued

ed begley Jr. congratulates Paul Cramer, energy system engineering manager & rusty Carlock, nrHa senior architect for achieving the first leed gold building in norfolk for the grandy Village learning Center (as certified by the us green building Council). begley, a noted Hollywood star, is also one of the nation’s leading environmental advocates. the actor was in town to keynote the old dominion university “engineering unplugged” conference.

Page 10: 2011 Annual Report

10 FY2011 Annual Report

• since 2003, nrHa first-time homebuyer pro-grams (Homenet/Home) have closed more than 500 buyers. in FY 2011 there were 48 closings, which resulted in residential sales of $7.2 million and $5.3 million in mortgage loans.

• nrHa’s residential rehabilitation program assisted eight households in Campostella and Wards Corner. its equity secure program assisted 37 households. one aesthetic improve-ment loan and five aesthetic improvement grants were awarded and 46 households were helped by the emergency repair grant Program,

bringing the residential rehabilitation program’s total FY11 commitment to norfolk homeowners to $2,823,285.

• east beach contains 363 single-family lots and 21 multifamily lots, of which 85% are developed. about 250 single-family and 50 condominium units are completed. average lot price to date is $147,000 and average home price is $734,000. total home values of $230 million yields $2.6 million in annual tax revenue. approximately 15,000 square feet of commercial space has been developed.

Highlights: continued

3. stRategiC Business appRoaCH

• board of Commissioners approves $95.3 mil-lion capital and operating budget for FY 2012. a public hearing was held may 25 to seek citizen input.

• a retirement incentive package for employees eligible for full retirement was offered with 18 employees choosing to participate.

• a comprehensive organizational reposition-ing, to include review of programs, services and positions, is underway. results will be presented to the board of Commissioners for inclusion in the FY 2013 budget.

• For FY 2011 nrHa secured $1.99 million in competitive federal grants from the Federal transit administration (Fta) and Hud. nrHa won $943,000 under Fta’s Job access and reverse Commute (JarC) and new Freedoms programs as well as $720,000 from Hud for the resident opportunities and self suf-ficiency Coordinators (ross). additional grants of $332,000 were gained for family self-sufficiency programs.

• a comprehensive physical needs assessment of nrHa’s assisted-rental properties was completed and identifies over $157 million in capital improvement needs over the next 20 years. average age of these properties is 59.

• in an era of high energy costs and tight budgets, nrHa is in final negotiations with ameresCo for an energy services agree-ment that could result in over $14 million in energy conservation measures and capital improvements at assisted-rental properties. these will generate $35 million in energy sav-ings over 20 years, that can be used to pay for the cost of the work.

• Hampton roads Ventures (HrV), nrHa’s new markets tax Credits subsid-iary, HrV bids farewell to founding Ceo robert Jenkins Jr., and transitions to new leadership of Ceo John Kownack and CFo terri giuliana. HrV broke ground on the mixed-use Jazz @ Walter Circle senior living facility in east st. louis, il., and closed on a financing structure for a Kroger supermarket in Columbus, ohio.

• Final design was completed for a new nrHa headquarters that would consolidate all staff at one location. the current headquarters at 201 granby st. is listed for sale and construction financing to start the new building has been secured pending the sale of 201 granby st.

Page 11: 2011 Annual Report

FY2011 Annual Report 11

4. CoMMunity engageMent & suppoRt

• nrHa teamed with tidewater builders asso-ciation, City of norfolk and east beach Co. to present Fall Homearama 2010 at east beach, which attracted over 75,000 visitors. east beach was also the site of the 2011 Coastal living ultimate beach House and won a 2011 Congress for the new urbanism (Cnu) Char-ter award, the highest Cnu honor given to recognize “excellence in fulfilling and advancing the principles of the Charter of the new urban-ism, which defines the essential qualities of walkable, sustainable places from the scale of the region down to the block and building.”

• annual recognition of achievement banquet held June 3 honored 290 residents for strides in homeownership, college graduation, and scholarships, entrepreneurships, community volunteer activities, economic independence, workforce training and employment.

• a Youth achievement banquet was added to this year’s annual recognition of achievement banquet. the honor roll students celebrated with an evening of bowling at amF norfolk lanes and a special appearance by former bowling green resident and heavyweight boxer dorsett barnwell, bronze medal winner of the 2006 Junior World Championships.

• “getting Fit together” partnership with national Heart lung and blood institute, the “Parenting Connection” program of building strong parent role models and “girls 2 Women” mentorship program as well as new resident orientation program win 2011 naHro awards of merit.

• “neighborhood Pat-terns” named best newsletter by Vir-ginia association of Housing and Com-munity development officials (VaHCdo) and received 2010 naHro award of merit.

Highlights, continued

Page 12: 2011 Annual Report

12 FY2011 Annual Report

• “the regional section 3 Compliance summit held June 30 drew a strong audience with a focus on ensuring that economic opportunities are appropriately directed towards section 3 residents and contractors. another topic was the alternative Procurement Program for businesses that partner with assisted-rental resident-owned businesses.

• tidewater gardens resident, Claudette Wood-house named recipient of VaHCdo and e.l. Hamm scholarship awards to attend odu.

• in april, some 100 students planted smooth cordgrass plugs for wetlands restoration along the elizabeth river at grandy Village.

• Created a digital archive of more than 23,000 historic photographs, dating from the 1870s. Visit www.nrha.us

Highlights: continued

Page 13: 2011 Annual Report

FY2011 Annual Report 13

• re-designed website and 70th anniversary Campaign, “setting the example” win 2011 naHro awards of merit. Website also recog-nized with gold award from league of ameri-can Communications Professionals.

• norfolk Public schools recognizes nrHa as a+ Community Partner

• the Fifteenth annual educational Conference and Health Fair, held June 2011, was attended by 176 seniors.

• in the world’s largest annual report competi-tion, with over 4,400 entries from over 25 countries, the league of american Communi-cations Professionals (laCP) awarded nrHa 2010 annual report top place in global real estate sector and 18th best overall.

• nrHa served as technical advisor to student teams from old dominion and Hampton uni-versities, selected as one of 20 nation-wide, to compete this fall in u.s. department of energy’s solar decathlon that demonstrates inventive clean energy solutions by building affordable solar-powered homes.

• nrHa exhibits at 2010 governors Housing Conference and 2010 urban land institute annual meeting.

Highlights: continued

Page 14: 2011 Annual Report

14 FY2011 Annual Report

NRHA FY2012 Budget Overview

the approved Fiscal Year 2012 (FY2012) Consolidated annual operating and Capital budget sets forth both revenue and expenditures for the authority. it delineates operating and program budgets for specific initiatives within conservation neighborhoods and public housing communities. the budget reaffirms nrHa’s:

• strengthened commitment to fiscal responsibility, and• Prudent objectives to ensure affordable housing, promote homeownership, and provide community develop-

ment opportunities to the citizens of norfolk.

details in nrHa’s budget are easily categorized by three divisions and their numerous programs. the authority proposes FY2012 budget expenditures of $95,283,006 which represents a 7.9% net decrease under previous year’s $103 million budget. nrHa believes the approved budget addresses all of our fiscal needs while also putting us on the path to greater future accomplishments.

“Moving Toward Sustainability”

77.8% Housing provides an ongoing stream of funding that makes up the gap between what low-income tenants can afford to pay in rent and the cost of operating housing and resident services programs; partner with Hous-ing Reinvention to redevelop housing properties.

21.7% development to partner with communities to develop out the exist-ing land inventory; continue to create a robust homeowner assistance capac-ity to include rehabilitation products, homebuyer subsidy, credit repair and counseling.

0.5% other includes cost to support internal and external initiatives that are otherwise ineligible under federal programs.

77.8% HOuSINg

21.7% DEVELOPMENT

0.5% OTHER

Total FY2012 Budget $95,283,006

Page 15: 2011 Annual Report

FY2011 Annual Report 15

FY2012 Budget Overview, continued

PROJECTED REVENuES

there are six primary reVenue sources:

• HuD grants• City grants• Tenant Income• Other Income• Earnings - Privately Managed• Program Reserves Approprpriation

Revenue Picture:

overall, revenues to the authority’s major funds reflect no growth, presenting significant budgetary challenges in view of general inflationary pressures. Hud’s operating subsidy and Housing Choice Voucher’s administrative fees have been drastically reduced for their fiscal year allocations. the City of norfolk’s federal grant programs declined at a rate of 16% for Cdbg and 11% for the Home Program. the City’s borrowing capacity for general obligation bonds has impacted budgeting resources for conservation activities in neighborhoods.

Revenue Trends & Percentages

Housing operations ................................................... $74.1 million (77.8%) which includes $10.1 million

from Housing reinvention Programs

development operations ........................................ $20.7 million (21.7%)

other operations............................................................. $.46 million (0.5%)

revenues for Housing operations will decrease by $6.4 million (-8 percent) compared to FY2011. development operations revenues will decrease by $1.6 million (-7.2 percent). other operations will decrease by $.176,000 (-27.7 percent) as compared to FY2011.

the $4.6 million decrease in Housing operations funding is attributable to direct program activities (Capital Fund stimulus; Fire and safety grant) nearing completion this fiscal year. the development division will experience a $1.6 million net (-7.2 percent) decrease in funding due to the completion of an acquisition project, anticipated by June 30, 2011. development is largely funded by city grants and Hud grants which have been stable in prior years, but FY2012 projected revenues have some uncertainty that will need close monitoring.

Page 16: 2011 Annual Report

16 FY2011 Annual Report

FY2012 Budget Overview, continued

PROJECTED EXPENDITuRES

there are eleven primary eXPenditure categories:

• Labor• Employee Benefits• Other Admin.• Program Costs• general Expenses• Principal Payment on Debt

• Capital• Operation Cost• Operation Transfers In• Capital & Multi-year Pgm. Stimulus• Capital & Multi-year Programs

Expenditure Picture:

this approved budget includes no significant reductions in services or in funded positions. instead, the FY2012 budget has been balanced through a combination of strategic budget reductions and the use of non-recurring funds. the approved budget also offers no employee merit increases, cost of living or market adjustments. While the approved budget meets the shot-term needs of the authority, it is emphasized that an organizational structure that continues to rely on the use of non-recurring resources and the absence of increase in employee compensation is not sustainable in the long term. We are evaluating several initiatives are underway to further reduce our budget and generating new recurring funding to include:• Retirementincentiveprogramsforemployeeswhoqualifyforafull,unreducedserviceretirement;• Restructuringeffortsthatincludeareviewofprograms,servicesandpositions;and• Pursuitofnewgrantopportunitiesand/orpartnershipstoprovidecontinuedsupportforprogramsandservices.

Expenditure Trends & Percentages:

Housing operations ..............................................$74.2 million (77.8%) which includes $10.2 million from Housing reinvention Programs

development operations ...................................$20.7 million (21.7 %)

other operations..........................................................$0.46 million (0.5 %)

authority-wide expenditures have been reduced by $8.2 million (-7.9%) from FY2011. expenditure reductions are a result of direct program activities nearing completion. the Capital Fund stimulus grant provided $9.5 million in FY2010 for capital and management activities in our public housing communities and those funds will be obligated or expended by the end of FY2011. development operations expenditures will decrease by $1.6 million (-7.2 %). the major expenditure reduction is the completion of the Hampton blvd acquisition project. other operations will decrease by $.176,000 (-27.7 percent), as compared to FY2011.

Page 17: 2011 Annual Report

FY2011 Annual Report 17

FY2012 Budget Overview, continued

the chart below represents a division budget comparison of FY2012 approved vs. FY2011 Projected revenue and expenditures.

We don’t just build homes, we create neighborhoods.Would we want to live there?

Until the answer is YES, we’re not done!

Administration:

nrHa’s health insurance premiums will increase by an average of 6.43 percent in January, 2012. in-creased cost will be shared between employees enrolled in the plan and nrHa. employer contribution to Virginia retirement system (Vrs) remains level for FY2012 at 15.38%, and Vrs life insurance at .28% of regular full time wages.

Overview Conclusion:

staffing costs are being controlled through attrition and position control measures. While new positions are being proposed under the new budget, total headcount is anticipated at 327 employees in FY2012 which is a net increase of three positions. Current earnings are not allocated into unrestricted reserves during this time of uncertain economic conditions and continuing revenue reductions. if these conditions do not improve within the next fiscal year, further reserves reductions will transpire.

FY2012 Approved vs. FY2011 Projected Revenues and Expenditure Comparisons

FY2012 vs. FY2011 Revenues and Expenditures Total Housing Development Other

FY 2012 ($) 95,283,006 74,160,409 20,662,519 460,078

FY 2011 ($) 103,518,593 80,609,066 22,272,804 636,723

$ Change (8,235,587) (6,448,657) (1,610,285) (176,645)

% Change (FY11 to FY12) (7.9%) (8.0%) (7.2%) (27.7%)

% of FY2012 Budget 100.0% 77.8% 21.7% 0.5%

Page 18: 2011 Annual Report

18 FY2011 Annual Report

Statistical Digestof Housing and Community revitalization

AssIsTED-RENTAl APARTMENTs (Managed by NRHA)

Community names units occupied acres

Bobbitt Apartments (senior) 84 1980 3

Broad Creek 300 2006 87

Calvert square 310 1957 19

Diggs Town 422 1952 30

Franklin Arms (senior) 100 2003 3

Grandy Village 363 1953 44

Hunter square (senior) 91 1978 3

Moton Circle 138 1952 11

North Wellington Place 25 1988 7

Oakleaf Forest 257 1942 24

Partrea Apartments (senior) 114 1979 6

scattered site Transitional 17 1993 N/A

sykes Apartments (senior) 84 1980 2

Tidewater Gardens 618 1955 44

Young Terrace 752 1953 36

totaL assisted Rental units 3,675

NRHA-OWNED APARTMENTs (Under Private Management)

Merrimack landing 492 1941 56

Mission College 260 1990 13

Oakmont North 408 1971 21

Park Terrace 81 1977 5

totaL units 1,241

Housing Choice Voucher Program (as of 06/30/11)Vouchers in use 3,763

Participating landlords 1,278

Homenet FY2011 First-Time Buyer Closings …..…………............…………….…30

TOTAL Residential Sales ……………………...………………..…..…...$4.2 million

TOTAL Mortgage Loans Generated …………….....…..…........…….$3.1 million

Page 19: 2011 Annual Report

FY2011 Annual Report 19

MUlTI-FAMIlY DEVElOPMENTs units

Berkley II sumler Terrace Apartments 126

Carney Park Beechwood Apartments 136

Central Brambleton Area 32

Condominium Conversions 52

Downtown West Redevelopment

PierPointe Condominiums Freemason 72

River Park Condominiums 44

The Heritage at Freemason Harbour 180

Educational Center Bowe Apartments 16

Ghent (includes Ghent Conservation)

Ghent on the square Apartments 110

Ghent Village Apartments 140

Grace Covenant 79

scattered apartment projects 150

Huntersville Huntersville Village Apartments 180

Huntersville II Paradise Gardens Apartments 84

Rosemont

Baily Parker Townhouses 114

Cedarwood Village Apartments 104

Dundale Apartments 100

Oakmont Apartments 128

Ramblewood I and II Apartments 300

st. Andrews Place Condominiums 184

spartan Village Townhouses 69

totaL Multi-family units 2,400

Statistical Digest, continued

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20 FY2011 Annual Report

sINGlE-FAMIlY & TOWNHOME PRODUCTION* under construction units occupied acres

8th to 9th Bay 5 2001 1

17th to 19th Bay 22 2002 3

Attucks square 28 1990 4.5

Attucks square West 24 1992 5

Bay Oaks Place 10 1994 1.4

Bell Diamond (6-15) 74 1973 8

* Broad Creek 70 2005 86

Carney Park 72 1976 25

Central Brambleton Arch 30 2001 4.9

Cottage Place 11 1999 2.3

* East Beach 204 2004 100

Gatewood square 10 2000 1.3

Ghent square 462 1976 65

Ingleside 23 1995 4.9

lamberts Point 14 2011 1.5

lincoln Gardens 54 1981 18.8

Meadowbrook Woods 120 1979 32

Middle Towne Arch 188 1986 62

Osborne Road 8 1997 1

Park Place East at Broadway 21 2006 12

Pinewell-by-the-Bay 73 1990 19

stoneBridge Crossing 108 1997 51

* The Maplewoods at Olde Huntersville 27 2010 3

Townhouses @ East Church 12 2007 3

Wellington East 19 1991 3

Wellington Oaks 300 1974 31

Westchurch 31 2004 3.7

scattered site in-fill (new and rehabilitated) 4,642

totaL single-family units 6,282

REVENUE BOND ACTIVITY (since 1977)type no. units $million

East Ocean View Acquisition Bond 1 N/A $9.9

Commercial Industrial/Other Development Bonds 76 N/A $184.9

New/Rehabilitation Multi-family 30 5,879 $149.6

Retirement Community 1 N/A $53.2

Statistical Digest, continued

Page 21: 2011 Annual Report

FY2011 Annual Report 21

CONsERVATION PROJECTsarea *inactive projects acres started

Ballentine Place 244 1987

Bayview Rehabilitation District 733 1989

Berkley II 8 1972

Berkley III 200 1986

Campostella Heights 80 2001

Central Brambleton 77 1991

* Colonial Place-Riverview 234 1973

Cottage line 299 1988

* Downtown West 33 1974

East Ocean View 571 1989

* Ghent 155 1969

Kensington /Dominion Place 67 1986

* lafayette-Winona 386 1979

lamberts Point 89 1994

Mid-Town Industrial 106 1988

* North Titustown 28 1983

Park Place 221 1973

Villa Heights 83 1986

West Ocean View 362 1981

Willoughby 138 2000

totaL pRoJeCts: 20 4,114

special service districts started

Fairmount Park 2007

Wards Corner 2008

Campostella 2010

totaL Rehabilitation Loans/grants Made in Conservation areas since 1969: 3,346 Valued at $92.7 million

Statistical Digest, continued

Page 22: 2011 Annual Report

22 FY2011 Annual Report

REDEVElOPMENT PROJECTsproject *Closed-out projects acres start primary Land use

Atlantic City (R-1) 141 1957 medical center

* Bell-Diamond (A-1-3) 28 1969 residential

Berkley II (A-1-5) 68 1972 residential

Berkley IV 36 1994 residential

Church street 29 1977 commercial

* Downtown East (R-18) 20 1961 commercial, public

Downtown North (R-8) 106 1958 commercial, public

Downtown south (R-9) 72 1961 commercial, public

Downtown West (A-1-6) 70 1973 residential, commercial

E. Ghent North (A-1-2) 90 1969 residential, schools

E. Ghent south (A-1-1) 69 1969 residential

East Ocean View 150 1989 residential

* Educational Center (A-1-4) 118 1969 residential, schools

Hampton Blvd. 66 1997 commercial, residential, institutional, office, retail

Huntersville I (R-70) 28 1971 residential

Huntersville II 71 1980 residential

Old Dominion (R-28) 37 1963 campus expansion, commercial, residential

Project #1(UR1-1) 123 1951 commercial, public

Rosemont (R-25) 305 1962 residential

south Brambleton 142 1991 industrial

* Wood street 10 1978 public

totaL pRoJeCts: 21 1,779

Special Projects Completed

Attucks Theatre 2004

MacArthur Center 1999

Tidewater Community College - Norfolk Campus 2000

Waterside Festival Market Place 1983

Statistical Digest, continued

Page 23: 2011 Annual Report

FY2011 Annual Report 23

sENIOR HOUsING DEVElOPMENTs*

units

Carney park

Tucker House 127

educational Center

Cogic 150

ghent

John Knox Towers 150

Huntersville ii

Calvary Towers Medical 112

Facilities of America Nursing 180

Lamberts point

Village Pointe Apartments 60

Village Gardens 40

Middle towne arch

Annetta lane 40

Grace Place 40

Rosemont

Braywood Manor 228

totaL 1,127 *Developed by NRHA, now under different management

Statistical Digest, continued

Page 24: 2011 Annual Report

201 granby StreetNorfolk, Virginia 23510-1816

Main Phone Number: (757) 623-1111TDD for Hearing Impaired: (800) 545-1833

Fax: (757) 314-2105www.nrha.us

Produced by nrHa’s Communications and marketing dept.