MetLife and LISC/NEF provide $8.4 million for veterans housing in NJ

Valley Brook Village is being developed by Peabody Properties and Windover Construction, with $8.4 million in equity provided by Met Life through its partnership with LISC/NEF. The operating budget will support two case managers and an employment training specialist, with other supportive services (mental health counseling, substance abuse treatment, etc.) coordinated by Community Hope, the largest nonprofit provider of transitional housing services for veterans in New Jersey.

Supportive Housing for Veterans Planned in N.J. Multifamily Community

20 Nov 2012 - Keith Loria, Multi-Housing News Online

Excerpt:

Lyons, N.J.—The Architectural Team has designed Valley Brook Village, a planned 62-unit veteran supportive multifamily community in Lyons, N.J., which will offer on-site resident services including a variety of individually tailored outpatient treatment and job training programs.

“There are a staggering number of veterans that are in trouble and really just need a little bit of a stepping stone to get back on their feet and back into society,” Michael D. Binette, The Architectural Team's vice president and principal, tells MHN. “What’s happening is a lot of these veterans are coming back with injuries and need to mainstream back into society. On the psychological side, there are issues that they need to get help with as well.”

Located at 151 Knollcroft Road on the VA Hospital Campus, Valley Brook will be home to war veterans from Iraq, Afghanistan and other conflicts dating back to the Vietnam War and will offer healthcare, counseling and support service components. It will also serve as a place for the staggering increase in women veterans. Continued[+]...

> Read the entire Multi-Housing News article.

Article Type: News