Home Biz Scoop First-of-its-kind housing project for veterans and their families

First-of-its-kind housing project for veterans and their families

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Valor on Eighth. (Submitted photo)

Area veterans and their families interested in living at Valor on Eighth, the first-of-its-kind affordable housing project scheduled to open in early January in Tempe, are encouraged to get their names on the waiting list.

Valor on Eighth, a 50-unit rental community located on city-owned land at Rural Road and Eighth Street, is a collaboration with the city of Tempe and co-developers Gorman and Company and ARM of Save the Family. Construction is underway and is expected to be completed by the end of the year.

“We’re right on schedule and where we need to be to complete the building by the end of the year,” said Peter Meyer, AIA, lead architect, Arizona Market for Gorman and Company. “All the rough framing has been completed, as well as the rough mechanical, electrical and plumbing and we are now starting to apply drywall to the interior walls. The exterior work right now includes applying finishes of stucco, brick and porcelain veneer.”

The community will include five market-rate, live-work units on the ground floor and 45 units primarily for veterans and veterans with children. Anyone interested in being placed on the waiting list for consideration should contact Elena Wyatt at 480-486-6688.

Mesa-based Save the Family will provide a full range of services from specialized case management support for veterans and career development to financial literacy and parenting classes. The community also will include an on-site Head Start Program for preschoolers, teen room, computer lab, several community rooms and meeting spaces, fitness center, dog run and on-site bike storage. A community playground was funded by the Arizona Diamondbacks through the Ken Kendrick Grand Slam Award.

“Valor on Eighth fills a vital need in serving veterans and their families,” said Save the Family CEO Jacki Taylor. ‘We know that female veterans are four times as likely to become homeless as male veterans, and for those with children and a service-connected disability, the cost of childcare, transportation, food and children’s health care exacerbate the downward spiral into homelessness. We’ll be focusing on each family’s individual needs, including those of the children.

The project is being funded by $10 million in federal low-income housing tax credits supplemented by $318,000 in federal housing funds that the city of Tempe will pass through to the project, $750,000 in state housing trust funds and a conventional loan.

For more information about Save the Family, visit: www.SavetheFamily.org.

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