Community Development Partners Breaks Ground on $21 Million Rocky Hill Veterans Housing Project

Community Development Partners Breaks Ground on $21 Million Rocky Hill Veterans Housing Project

VACAVILLE, CA - Community Development Partners announced the groundbreaking for Rocky Hill Veterans Housing.  Located at 582 Rocky Hill Road in Vacaville, CA, the event's speakers and VIP guests included: Vacaville City Mayor, Len Augustine; Director of Housing Services for City of Vacaville, Emily Cantu; and Eric Paine, CEO of Community Development Partners.  As one of the only new affordable developments targeting veterans in Solano County, this $21-million project will provide much-needed housing for chronically homeless veterans, and low-income veterans and families. 

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 for veterans, with the remainder having a veteran preference.  Eleven of the veterans' units will have Project-Based VASH vouchers, a program that combines HUD Sec-8 rental assistance with Veterans Administration case management services. The 11 units will serve as Permanent Supportive Housing, a solution to homelessness that combines housing, rental assistance and wrap around supportive services.  The innovative project's structure is comprised of modified steel shipping containers.  The project is designed to achieve LEED Gold certification, and is scheduled for completion in December 2017.

Kyle Paine, President of Community Development Partners, the project's developer, says, "The overall goal of this project is to catalyze a neighborhood renewal.  Not only is the project itself designed to promote interaction among residents, a resident services coordinator will work with the nearby Boys & Girls Club and other community partners to coordinate services and strengthen the existing neighborhood."

The project's financial partners include: Home Depot Foundation, Citibank, National Equity Fund, Veterans Housing and Homelessness Prevention (VHHP) funding administered by HCD and CalVet, City of Vacaville, and California Statewide Communities Development Authority, along with tax credits from CTCAC.  Supportive Services provided by CAN-B, the Veterans Administration and LifeSTEPS.  Design by G7A Gonzales Architects, property management provided by Solari Enterprises, construction by Precision General Commercial Contractors, and modified shipping containers provided by GrowthPoint Structures.  Vacaville Community Housing is the non-profit partner and Integrity Housing is the Co-General partner.

Source: Community Development Partners / #Affordable #Housing

More Stories

Get The Newsletter

Get The Newsletter

The latest multifamily industry news delivered to your inbox.