The Navy could soon invest up to $400 million to provide housing for sailors in Newport News, according to state and local officials who said the investment may hinge upon whether the state approves spending $40 million to kickstart the project.
The Navy has identified up to $400 million that could be used to build a new facility to house sailors, Newport News spokesperson Kim Bracy told the Daily Press. Bracy said to secure this funding, the state would need to provide up to 10% toward the cost share project. She said this investment is “critical to downtown revitalization efforts.”
Del. Marcia S. “Cia” Price, D- Newport News, introduced an amendment to Gov. Glenn Youngkin’s two-year-budget proposal that would provide $40 million in state funding “to build infrastructure to house and care for sailors who reside in Newport News when a ship is being built, overhauled, or otherwise in a maintenance shipbuilding facility.”