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Cabin in the Woods Veterans Permanent Housing

Cabin in the Woods Veterans Permanent Housing. Terry Baldwin, COO Volunteers of America Northern New England September, 2018. 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

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Cabin in the Woods Veterans Permanent Housing

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  1. Cabin in the WoodsVeterans Permanent Housing Terry Baldwin, COO Volunteers of America Northern New England September, 2018

  2. 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

  3. Details • 11 Acres on Togus Medical Center Campus (75 year Extended Use Lease) • 21 1 & 2 bedroom cabins + 1 ‘community cabin’ • Income criteria (12 units @ 50% AMI, 9 @ 60% AMI) • 16 HUD VASH project based vouchers & 5 cabins Housing Choice voucher or other rental assistance

  4. 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)

  5. Community Cabin

  6. Resource Coordination/Community Resources VA Case Managers Medical Center Access Peer Support Program Creating Community

  7. Thank You! www.voanne.org/CITW

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