Applications are currently being accepted for homeless and disabled veterans in need of affordable housing as the new Valley Brook Village for Veterans development is nearing completion. The 62 units of apartments and townhouses could start renting up as early as September 1st and will be a permanent “place to call home” with no time restrictions on how long the veteran can reside here. Rental subsidy vouchers have been committed to the project to ensure that the housing remains affordable to low-income veterans.
The Village is located on the VA NJ Healthcare System Campus in Lyons, Somerset County, where veterans can access on-campus healthcare and other services. Community Hope will provide on-site support and employment services to help veterans establish independence in their new homes.
To make this project possible, Community Hope partnered with private developers Peabody Properties and Windover Construction. The private partners raised the $15.5 million needed for pre-development and construction from private tax credit investors and grant funding. Under the Federal Enhanced Use Lease Program, the U.S. Department of Veterans Affairs donated the 16-acre tract on the VA NJ Healthcare Campus in Lyons where the housing is being built. The donation of land, together with a Federal award of project-based rental subsidies from the U.S. Department of Housing and Urban Development (HUD) will ensure that rents are affordable to low- and moderate-income veterans.
“Valley Brook Village will provide a safe place for veterans to address the issues that led to their homelessness and provide them with the resources for a successful recovery and the skills to overcome poverty and despair,” explains J. Michael Armstrong, Community Hope CEO.
Apply Here and Learn More About Valley Brook Village or:
Community Hope Is:
A GSA-Approved Contractor