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NRHA Chairman To Step Down October 31
Date:9/13/2013

Norfolk, VA (PRWEB) September 13, 2013

At the September 11 NRHA Board of Commissioners meeting, Chairman, W. Sheppard Miller III announced his resignation. Miller has served with distinction for almost 12 years, including some 11 years as Chairman. His departure will be effective October 31, 2013.

During Miller’s tenure, NRHA has been a transformative force in Norfolk through numerous projects including redevelopment of East Beach, redevelopment of Broad Creek, revitalization of Grandy Village and Mission College Apartments as well as repositioning of Waterside in downtown Norfolk, to name just a few. Broad Creek and East Beach are the largest redevelopment projects in Norfolk’s history.

Currently, NRHA is rated as a ”High Performer” for both its public housing and housing choice voucher programs, by the U.S. Department of Housing and Urban Development, the highest rating possible. Together these programs provide housing for over 17,000 residents. NRHA has also built or rehabilitated thousands of homes throughout the city.

During Miller’s term, NRHA has worked and spent over $200 million in over 20 conservation and redevelopment neighborhoods across the city including Park Place, Ocean View, Ballentine, Lamberts Point, Wards Corner, Church Street/Huntersville Berkley and other locations. NRHA was instrumental in development of Old Dominion University Village, helping transform ODU into one of Norfolk’s greatest assets.

NRHA recently received an A+ credit rating from Standard and Poor’s, which cited its fiscal strength and strong management. This is among the very highest rating attained by any housing authority in the country.

Just last year, an economic impact analysis performed by the College of William and Mary Mason School of Business found the agency creates $121.5 million annually for the city’s economy, in addition to 1,148 jobs, with an average wage of $46,434, at a time when
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