Notice of Intent to Request Release of Funds for the Peaceful Village Renovation Project

NOTICE OF INTENT TO REQUEST FOR RELEASE OF FUNDS

On or about June 24, 2024, the City of Chesapeake will submit a request to the U.S. Department of Housing and Urban Development (HUD), Richmond Field Office, Community Planning and Development for the release of Project 
Based Vouchers funding under Section 8 of the United States Housing Act of 1937 (42 U.S.C. 1437f), as amended, 
to undertake a project known as Peaceful Village Renovations for the purpose of providing approximately $810,000 
in annual Project Based Voucher funding for 65 units of rental assistance. The total cost of the anticipated 
improvements to the 65-unit community will be in the amount of $14.7 million for the project located at 3000 
Welcome Road, Chesapeake, Virginia 23324.

To read the Notice in its entirety, please click here.