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Community Development Partners Secures Acquisition and Construction Financing Veterans Housing Project

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NEWPORT BEACH, CA – Community Development Partners announced that Rocky Hill Veterans Housing has closed on its construction financing, with construction about to get underway.  The $21-million project, located at 582 Rocky Hill Rd in Vacaville, CA will provide much-needed housing for chronically homeless veterans, and low-income veterans and families.  As one of the only new affordable developments targeting veterans in Solano County, this project will expand regional housing opportunities for those with few affordable options.

Rocky Hill will consist of 39 new, high-quality permanent rental homes for people earning 15% to 60% of the Area Median Income.  Twenty-nine units will be reserved solely for veterans, with the remainder having a veteran preference.  Eleven of the veterans’ units will have Project-Based rental help through the VASH program and will serve as Permanent Supportive Housing (PSH).  PSH is a solution for homelessness that combines housing, rental help and onsite supportive services.  The VASH program couples VA Case Management Services with HUD Sec-8 Rental Help.  The innovative project’s structural system is comprised of modified steel shipping containers, which is stronger than typical wood framing.  The project is designed to achieve LEED Gold certification, and is scheduled for completion in December 2017.

“Rocky Hill was designed to strengthen the community by offering amenities such as community gardens, a central zócalo, and art installations visible from the street,” says Kyle Paine, President of Community Development Partners, the project’s developer.  “The goal is to promote interaction among residents and the surrounding neighborhood.  A resident services coordinator will work with community partners to strengthen the neighborhood.”

The project’s financial partners include: Citibank, National Equity Fund, Veterans Housing and Homelessness Prevention (VHHP) program, City of Vacaville, and California Statewide Communities Development Authority.  Supportive Services provided by CAN-B, the Veterans Administration and LifeSTEPS.  Property management provided by Solari Enterprises, construction by Precision General Commercial Contractors, and shipping containers by GrowthPoint Structures.  Vacaville Community Housing is the non-profit partner and Integrity Housing is the Co-General partner.

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Housing Virginia’s Rural Housing Report: Moves to Next Step

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(RECAP: For the past year, Housing Virginia has been conducting an assessment of the needs and gaps in affordable housing in rural Virginia. Launched with a pre-conference session at the 2015 Governor’s Housing Conference, this initiative involved online surveys, regional face-to-face input meetings with housing providers around the state, and an analysis of Census data in each region. Housing Virginia convened over 50 rural housing and service providers for a final input session at this year’s Governor’s Housing Conference. These policy recommendations, as well as a library of best practices and resources, will go into the final report.)

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Senior housing, jobs for locals coming to W. Rio

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(RECAP: A senior living community coming to the Charlottesville area in 2018 will provide independent and helped living options for its residents — and scores of jobs for local workers. The facility also will offer programs and specialized care for those with Alzheimer’s disease or dementia. The Blake at Charlottesville is set to start construction early next year, which will be done by Quality Senior Living and Blake Management Group. The local facility will be off West Rio Road in Albemarle County able to accommodate 110 to 115 residents.)

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