Victory Place: This Phoenix, Arizona facility opened in December 2001. This facility has 32 units of housing contained in over 15,000 square feet and provides.

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Presentation transcript:

Victory Place: This Phoenix, Arizona facility opened in December This facility has 32 units of housing contained in over 15,000 square feet and provides serviced enriched housing to approximately 80 veterans. Victory Place Phoenix Arizona

Victory Place 2 Phoenix Arizona An adjacent 2-story building was constructed in 2009 and includes 20 units of permanent housing, an enhanced Career Center, and additional support service space. With future expansion on adjacent parcels, the transitional component will house over 300 residents when completed. The planned Phase III development will provide 75 efficiency units with supportive services for special needs targeting Veterans 55 and older along with a community center with kitchen and dining areas. Victory Place shall serve the estimated 4,000 homeless veterans living on the streets and in substandard and over-priced housing conditions throughout the greater-Phoenix area. Very low- income tenants will be “wrapped” with supportive services including Outreach and Assessment, Residential and Non-Residential Employment Services & Sobriety Support Groups Phase III ground breaking ceremony took place on December 9th. The planned Phase IV development will be situated in 3 buildings within the Project; two 3-story elevator-serviced apartment buildings and one single story multipurpose room that shall serve the residents There will be 96 total units with a mix of studio (66 units) and 1 bedroom (30 units).

Victory Place – Phase II Phoenix Arizona Phase II - 20 unit expansion

Victory Place – Phase III Phoenix Arizona Architectural Rendering of Phase III 75 unit expansion

Victory Place– Phoenix, AZ Architectural Rendering of Phase IV 96 unit expansion

Victory Place Phoenix Arizona Programs in Operation Veterans in Progress (VIP) – 69 Beds Transitional Housing – 12 Units Phase II Permanent Housing – 20 Units

Victory Place– Phoenix, AZ FUNDING SOURCES Phases I & II City of Phoenix/HOME State of Arizona / HTF Phase III Tax Credit Investor Equity