NEWPORT NEWS, VIRGINIA: Cushman & Wakefield | Thalhimer is pleased to announce that Kenneth D. Penrose, Jr. has been elected by his fellow commissioners to serve as Chairman for the Newport News Redevelopment and Housing Authority for the 2022- 2023-year term. Mr. Penrose is currently serving in year two of his second four-year reappointment term.

Ken Penrose is an office and leasing specialist in Cushman & Wakefield | Thalhimer’s Newport News office and has been with the firm since 2000.

ABOUT NEWPORT NEWS REDEVELOPMENT AND HOUSING AUTHORITY
Founded in 1939, the Newport News Redevelopment and Housing Authority (NNRHA) is the primary provider of new homebuyer opportunities and affordable housing for lower and moderate income families on the Virginia peninsula. The NNRHA is the redevelopment arm for the City of Newport News and acquires property for redevelopment, undertakes property rehabilitation and manages the City’s Consolidated Housing and Community Development programs.

Additionally, NNRHA administers over 2900 Housing Choice Vouchers (Section 8) and owns and manages over 1448 affordable rental housing units across the City.

The mission of NNRHA is to maintain and create affordable housing, viable neighborhoods, and opportunities for self-sufficiency that enhance the quality of life of all citizens of Newport News. The Authority has established strong partnerships with public and private organizations to provide an array of services to NNRHA clients and the community.

Seven Commissioners serve as the governing body of NNRHA and are the foundation for the Authority’s actions and accomplishments. Each Commissioner must reside in Newport News and is appointed by the Newport News City Council.

The Executive Director serves at their pleasure and through the work of four departments, Administrative Services; Community Development; Finance; and Housing, meets the mission and goals of the organization.