Jul 14, 2026BoardMeeting
BoardVirginia Beach Development Authority Meeting
The meeting covered financial reports for June, including cash flow statements and capital maintenance activity for the human services building and other projects. The board reviewed and approved facade improvement grant payments and EDIP account reimbursements. A public hearing was held regarding the issuance of a revenue bond for the renovation of the Victoria Place Apartments affordable senior community. Additionally, the board discussed proposed amendments to the Attainable Workforce Housing Performance Grant Program to comply with new state legislation, including adjustments to program policy and grant award structures.