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Cabin in the Woods Veterans Permanent Housing
Terry Baldwin, COO Volunteers of America Northern New England September, 2018
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Volunteers of America 122 years of helping the most vulnerable
There are no limits to caring.® Volunteers of America 122 years of helping the most vulnerable 1.3 M served annually across 46 states One of the largest providers of affordable housing Veterans Focus Northern New England Affordable Housing, Mental Health Services, Reentry Center, Veterans Transitional Programming
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There are no limits to caring.®
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There are no limits to caring.®
Details 11 Acres on Togus Medical Center Campus (75 year Extended Use Lease) 21 1 & 2 bedroom cabins + 1 ‘community cabin’ Income criteria (12 50% AMI, 60% AMI) 16 HUD VASH project based vouchers & 5 cabins Housing Choice voucher or other rental assistance
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Construction Funds ($5M)
There are no limits to caring.® Construction Funds ($5M) LIHTC dollars ($3.8 M) Fed Home Loan ($155K), Maine Housing interest only mortgage ($372K); VOA sponsor loan ($426K) - VA Capital Contribution ($201K) + Home Depot Foundation ($225K) DECD CBBG special project matching funds (up to $400K)
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There are no limits to caring.®
Community Cabin
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There are no limits to caring.®
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There are no limits to caring.®
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There are no limits to caring.®
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There are no limits to caring.®
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There are no limits to caring.®
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There are no limits to caring.®
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There are no limits to caring.®
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Creating Community Resource Coordination/Community Resources
There are no limits to caring.® Resource Coordination/Community Resources VA Case Managers Medical Center Access Peer Support Program Creating Community
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There are no limits to caring.®
Thank You!
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