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Portsmouth housing authority details senior projects, seeks city support for trust fund and tax‑payment arrangement
Summary
The Portsmouth Redevelopment and Housing Authority outlined completed and planned projects — including a 105‑unit senior complex opening in December, delays to Twin Pines tied to underwriting changes, a 210‑unit demolition site, and an expanded senior rehab program — and asked the city to consider payment‑in‑lieu arrangements and a housing trust fund to close financing gaps.
The Portsmouth Redevelopment and Housing Authority told the City Council it is expanding senior housing and pursuing mixed‑income redevelopment while pressing the city for new financial tools to speed projects.
Miss Winston, executive director of the housing authority, said the authority manages more than 1,200 units in Portsmouth and runs programs serving more than 2,000 people. She announced Lexington Reserve, a 105‑unit senior development for residents 62 and older, is complete and residents will begin moving in late this month with a ribbon cutting planned for Dec. 9.
Winston said Twin Pines, another senior development scheduled to start next year, is delayed because Virginia Housing has not yet finalized how it will apply federal voucher changes; that could force PRHA to underwrite to lower tax‑credit rents and would create an estimated $5,000,000 funding gap for the project if the underwriting change is…
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