(RECAP: Last March, the Newport News Redevelopment and Housing Authority started a 13-month renovation of every unit in several housing complexes under a pilot program by the Department of Housing and Urban Development. The program, called Rental Help Demonstration, gives public housing authorities the ability to do what they usually can’t: use private funding sources, including equity that comes from federal low-income housing tax-credit programs, to fix up housing. The housing authority makes a limited liability corporation for each complex that has been approved to be in the RAD program. Only then can it apply for low-income housing tax credits through the Virginia Housing Development Authority.)

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