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VSH’s mission is to provide permanent housing and comprehensive support services to individuals and families who are homeless or have disabilities in.

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Presentation on theme: "VSH’s mission is to provide permanent housing and comprehensive support services to individuals and families who are homeless or have disabilities in."— Presentation transcript:

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2 VSH’s mission is to provide permanent housing and comprehensive support services to individuals and families who are homeless or have disabilities in order to initiate and promote their journey from homelessness to greater independence. Founded in 1988 to serve Greater Richmond, VSH has expanded to South Hampton Roads, the Tri-Cities area, and Charlottesville. Virginia Supportive Housing

3 VSH develops and manages properties specifically for use as permanent housing. Uses scattered site rental housing in the community With appropriate levels of support services to help clients stay housed—and find the support they need to succeed in other areas of life. of those we serve DO NOT RETURN to homelessness. 95% What We Do

4 Unique Integrated Approach Residents can stay as long as they wish, provided they meet commitments to pay rent and live within the guidelines of the property. We provide on-site case management; counseling and coordination of services to help individuals resolve life issues, promote recovery, and manage mental health symptoms; skills training to promote life skills; and we promote community building within our housing developments. We offer linkage to community vocational resources programs that empower residents to maintain jobs and move on to market rate housing. How We Do It

5 Supportive Studio Apartments in Richmond New Clay – First in Virginia (opened in 1992, serves 47 adults) South Richmond (opened in 1996, serves 39 adults)

6 Studio Apartment Community Each apartment includes a full bath and kitchenette and is furnished with a bed, two chairs, table, and dresser. Common areas include a resident lounge and computer room. Front desks are staffed 16 hours a day with an onsite night manager. Apartment buildings have onsite laundry facilities.

7 Individual UnitIndividual Kitchen Staff Offices

8 Reception DeskCommunity Lounge Laundry FacilitiesFitness Room

9 South Richmond & Studios (addition): Special Use Permit Gosnold Apartments: Institutional Cloverleaf Apartments: Apartment District with a Conditional Use Permit South Bay Apartments: Special Use Permit The Crossings: Manufacturing/Industrial with a Special Use Permit Heron’s Landing: Multi-Family Types of Zoning

10 Development Budget – Federal Low Income Housing Tax Credits – Local/Regional CDBG and HOME Funds – State HOME Loans – Federal Home Loan Bank of Atlanta – Foundation Grants Operating Budget – Project-Based Housing Choice Vouchers Support Services Budget – Local Support and Medicaid Funding Funding for Housing Development

11 Gosnold Apartments in Norfolk Before (opened in 2006, serves 60 adults) After

12 Gosnold Apartments Funding SourceAmountType Enterprise$3,573,511LIHTC Equity Virginia Department of Housing and Community Development $500,000State HOME Loan City of Norfolk$800,000City General Funds City of Virginia Beach$195,000CDBG City of Virginia Beach$55,000HOME City of Portsmouth$120,000CDBG Foundations$400,000Private VSH$15,728Deferred Developer’s Fee Total Development Cost$5,659,239

13 Cloverleaf Apartments in Virginia Beach (opened in 2008, serves 60 adults) After Before

14 Cloverleaf Apartments Funding SourceAmountType National Equity Fund (NEF)$3,621,616LIHTC Virginia Housing Development Authority $425,000SPARC Loan Virginia Department of Housing and Community Development $500,000State Loan City of Virginia Beach$1,300,000City General Funds City of Norfolk$360,000City General Funds City of Portsmouth$60,000CDBG City of Chesapeake$120,000City General Funds Foundations$415,000Private Total Development Cost$6,801,616

15 South Bay Apartments in Portsmouth (opened in 2010, serves 60 adults)

16 South Bay Apartments Funding SourceAmountType Virginia Community Development Corporation (VCDC)$4,500,000LIHTC Equity Virginia Department of Housing and Community Development$500,000HOME Loan City of Norfolk$360,000HOME City of Virginia Beach$360,000HOME City of Portsmouth$208,969HOME City of Chesapeake$360,000CDBG and CDBG-R Foundations$625,000Private Total Development Cost$6,913,969

17 Studios at South Richmond Before After (opened in 2011, serves 21 adults)

18 Studios at South Richmond Apartments Funding SourceAmountType Virginia Community Development Corporation (VCDC)$2,158,321LIHTC Equity Virginia Department of Housing and Community Development$500,000HOME Loan City of Richmond$250,000CDBG Henrico County$250,000HOME Chesterfield County$250,000CDBG Foundations$100,100Private Total Development Cost$3,508,421

19 The Crossings at Fourth and Preston in Charlottesville (opened in March 2012, mixed-income model for 60 adults) Before

20 The Crossings at Fourth and Preston Funding SourceAmountType Virginia Community Development Corporation (VCDC)$4,251,200LIHTC Equity Virginia Housing Development Authority$900,000SPARC Loan Virginia Department of Housing and Community Development$700,000HOME Loan Federal Home Loan Bank of Atlanta$600,000Private Thomas Jefferson Planning District Commission$30,000HOME Foundations$575,100Private Total Development Cost$7,056,300

21 Heron’s Landing in Chesapeake (opened in December 2012, for 60 adults) Before

22 Heron’s Landing Apartments Funding SourceAmountType Virginia Community Development Corporation (VCDC)$4,602,000LIHTC Equity Virginia Department of Housing and Community Development$700,000HOME Loan Federal Home Loan Bank of Atlanta$955,000Private City of Chesapeake$1,382,844HOME City of Chesapeake$317,156CDBG City of Portsmouth$600,000HOME City of Virginia Beach$480,000HOME City of Norfolk$360,000HOME Suffolk$120,000HOME Foundations$400,100Private Total Development Cost$9,917,100

23 Dwayne Has a New Home Before Housed through 1000 Homes for 1000 Virginians – Richmond Campaign After


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