News
 
June 13, 2011
For Immediate Release

Contact: Julia Ahmet
(973) 463-9600, ext. 303

VA Awards Subsidies to Veterans Housing Slated for Construction at Lyons

Private Developer and Nonprofit Community Hope Announce That Subsidies Essential for Funding Area’s First Permanent Supportive Housing for Veterans

PARSIPPANY, NJ -- The nonprofit organization Community Hope and private developer Peabody Properties welcomed today’s announcement that Valley Brook Village, the planned construction of permanent supportive housing at the Lyons VA Healthcare campus in Bernards Township, has secured an award of 50 HUD-VASH vouchers from the U.S. Department of Housing and Urban Development and the US Department of Veterans Affairs.

“These subsidies will help to secure the remainder of the funding for the area’s first permanent supportive housing for veterans,” said J. Michael Armstrong, Community Hope CEO. “Today’s announcement makes us even more anxious to get the first shovel in the ground.”

Valley Brook Village was the only veterans program in the State awarded the set-aside of project-based vouchers to subsidize affordable housing for homeless veterans and provide case management services. Only four other projects nationwide received as large of an award. Development of Valley Brook Village is a joint venture between Peabody Properties, Windover Construction LLC and Community Hope, which will provide the case management and on-site support services.

This will be the second large-scale program Community Hope operates at the Lyons VA. The nonprofit organization renovated a vacant building on the campus in 2004 to develop the Hope for Veterans Transitional Housing Program. It opened as the largest program in New Jersey and the Tri-State metropolitan area to serve homeless veterans. With 95 beds, Hope for Veterans has helped more than 450 veterans overcome homelessness in the past six years and is preparing to launch a program for homeless veterans in Newark this Summer.

Community Hope has been helping individuals recover from mental illness and substance abuse in specialized residential programs since 1985. Today, the nonprofit organization provides housing and support services to more than 300 individuals a day.

HUD, VA TO PROVIDE PERMANENT HOUSING, CASE MANAGEMENT TO NEARLY 700 HOMELESS VETERANS ACROSS THE U.S.

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