Valley Brook Village Apartments is a new 61-unit Veterans Affairs Supportive Housing (VASH) community located on the VA Medical Center Campus in Lyons, New Jersey. The fully-furnished one- and two-bedroom handicap-accessible residences target homeless and at-risk-of-being homeless veterans. Rents for 50 units are funded through project-based VASH, which is Section 8 rent subsidies for homeless veterans, and the remaining 11 target at-risk veterans earning 40 percent of Area Median Income.
Resident common spaces form a village-style setting on more than 16 acres designed to maximize the landscape with open green spaces, patios and walking trails. Other amenities include a fitness center, community room with kitchen, computer learning stations, laundry facilities and nearby recreational areas.
Supportive services are provided on-site through Community Hope, the largest non-profit provider of transitional housing services for veterans in New Jersey and include counseling and medical/mental health services. Two full-time case managers work with veterans to create an individual recovery plan and a full-time employment training specialist assists with job placement.
Valley Brook is a joint venture between developers Peabody Properties and Windover Construction. Peabody is one of the largest property management companies in New England and Windover is the general contractor. National Equity Fund® invested $8.4 million of LIHTC equity.