Contact: Beth Binger - BCIprbcipr.com/img/press-kit/Rocky Hill Press Kit.pdfContact: Beth Binger...

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Transcript of Contact: Beth Binger - BCIprbcipr.com/img/press-kit/Rocky Hill Press Kit.pdfContact: Beth Binger...

Contact: Beth Binger BCIpr

619-987-6658 [email protected]

FOR IMMEDIATE RELEASE

Community Development Partners to Break Ground on

Rocky Hill Veterans Housing

$21 Million Project Targets Veterans and Neighborhood Renewal

Newport Beach, CA, March 31, 2017 – Community Development Partners is pleased to announce that the groundbreaking for Rocky Hill Veterans Housing is set for April 7, 2017 at 11am. Located at 582 Rocky Hill Rd in Vacaville, CA, the event’s speakers and VIP guests include: 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 (PSH). PSH is a solution to homelessness that combines housing, rental assistance and wrap around supportive services for populations in need of intensive care. Services include case management, substance abuse counseling, and assistance with locating community services. The innovative project’s structural system is comprised of modified steel shipping containers, which is stronger than typical wood framing. 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.

About Community Development Partners

Founded in 2011, Community Development Partners develops and operates sustainable, life-enhancing affordable housing with a focus on long-term community engagement and innovative design. For more information, visit: communitydevpartners.com.

###

https://prismpub.com/community-development-partners-to-break-ground-on-rocky-hill-veterans-

housing/

Community Development Partners to Break Ground

on Rocky Hill Veterans Housing

Posted by Editorial | Apr 6, 2017

Rendering of Rocky Hill Veterans Housing, developed by Community Development Partners

$21 million project targets veterans and neighborhood renewal

Newport Beach, CA, March 31, 2017 – Community Development Partners is pleased to announce that the

groundbreaking for Rocky Hill Veterans Housing is set for April 7, 2017 at 11am. Located at 582 Rocky Hill Rd

i Va a ille, CA, the e e t’s speakers a d VIP guests i lude: Va a ille Cit Ma or, Le Augusti e; Dire tor 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

https://prismpub.com/community-development-partners-to-break-ground-on-rocky-hill-veterans-

housing/

preference. Ele e of the etera s’ u its ill ha e Proje t-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 (PSH). PSH is a solution to homelessness that combines housing, rental

assistance and wrap around supportive services for populations in need of intensive care. Services include

case management, substance abuse counseling, and assistance with locating community services. The

i o ati e proje t’s stru tural s ste is o prised of odified steel shippi g o tai ers, hi h is stro ger

than typical wood framing. The project is designed to achieve LEED Gold certification, and is scheduled for

completion in December 2017.

K le Pai e, Preside t of Co u it De elop e t Part ers, the proje t’s de eloper, sa s, The o erall 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 o u it part ers to oordi ate ser i es a d stre gthe the e isti g eigh orhood.

The proje t’s fi a ial part ers i lude: Ho e Depot Fou datio , Citi a k, 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.

About Community Development Partners

Founded in 2011, Community Development Partners develops and operates sustainable, life-enhancing

affordable housing with a focus on long-term community engagement and innovative design. For more

information, visit: communitydevpartners.com.

http://www.globest.com/sites/kelsimareeborland/2017/04/07/middle-market-digest-this-week-in-

southwest-26/

Middle Market Digest: This Week In

Southwest APRIL 7, 2017 | BY KELSI MAREE BORLAND

LOS ANGELES—Here’s a look at this week's trends, announcements and deals that you may have missed in Southern

California, Utah, Arizona and Nevada.

BUILDING BLOCKS

VACAVILLE, CA—Community Development Partners has broken ground on Rocky

Hill Veterans Housing. Located at 582 Rocky Hill Rd in Vacaville, CA, the property is

only new affordable developments targeting veterans in Solano County. The $21-million

project will provide much-needed housing for chronically homeless veterans, and low-

income veterans and families. Rocky Hill will have 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. Services include case management, substance abuse counseling, and

assistance with locating community services. The innovative project’s structural system is comprised of modified steel shipping containers, which is stronger than typical wood

framing. The project is designed to achieve LEED Gold certification, and is scheduled

for completion in December 2017.

http://www.thereporter.com/general-news/20170407/ground-broken-for-veterans-housing-

in-vacaville

Ground broken for veterans housing in Vacaville

Kimberly K. Fu — The Reporter Vacaville Mayor Len Augustine speaks to the crowd gathered for

the groundbreaking for Rocky Hill Veterans Housing on Rocky Hill Road. By Kimberly K. Fu POSTED: 04/07/17, 5:42 PM PDT

Heavy rains fell Friday as a crowd huddled under a drippy white tent, celebrating a graded field of mud that will soon become Vacaville’s first housing complex for military veterans.

“This is a great program for the city of Vacaville,” said Len Augustine, the city’s mayor and an Air Force veteran, during the groundbreaking ceremony for the Rocky Hill Veterans Housing project.

“I am a veteran and as a result I look out for veterans,” he explained. “They deserve better than they’ve had over the last 20 years or so.”

City officials have long worked with Community Development Partners (CDP) in getting the project off the ground, he said, so this day was a long time in coming. “Let’s get this thing done,” he encouraged.

The project has been in the works for five years. It started with just a handful of units being set aside for veterans but, with the city’s lobbying, that was changed to 29.

Essentially, 29 units will be reserved for veterans. Of those, 11 will have vouchers that combine federal Section 8 rental assistance with Veterans Administration case management services.

http://www.thereporter.com/general-news/20170407/ground-broken-for-veterans-housing-

in-vacaville

Those 11 units will serve as Permanent Supportive Housing, which officials explained as “a solution to homelessness that combines housing, rental assistance and wrap around supportive services for populations in need of intensive care.” Services include case management, substance abuse counseling and more. Interestingly, the dwellings will be made of modified steel shipping containers for better durability. It will also be designed in accordance with Leadership in Energy and Environmental Design (LEED) gold-level certification.

The project is slated for completion in December.

Kyle Paine, CDP president, said the $21 million project is part of an effort to revitalize the Rocky Hill neighborhood.

“A resident services coordinator will work with the nearby Boys & Girls Club and other community partners to coordinate services and strengthen the existing neighborhood,” he said.

Emily Cantu, the city’s director of Housing Services, expressed excitement for the build.

“We’re going to be able to provide housing for the community’s veterans and provide them with other services,” she said.

Vacaville Community Housing’s Charlie Learned said nothing’s been easy about the project, but from here on out it should be smooth sailing.

“I’m happy we’re finally able to do something that’s dedicated to veterans,” he emphasized.

http://www.housingfinance.com/developments/innovative-veterans-development-breaks-

ground_o

AFFORDABLE HOUSING FINANCE

Innovative Veterans Development Breaks Ground Shipping containers will be used to provide 39 affordable homes in Vacaville,

Calif. By Donna Kimura

Rocky Hill Veterans Housing will be one of the most unique developments built this year.

The 39-unit community is utilizing modified shipping containers in its design to deliver

new affordable housing in Vacaville, Calif.

Barring any unexpected delays, the empty dirt

lot where officials gathered for the ceremony

will become a vibrant housing community by

the end of the year.

The $21 million project’s structural system

will be comprised of modified steel shipping

containers, which is stronger than typical

wood framing.

CDP leaders recognize that Rocky Hill will have a steep learning curve, but they were

willing to test a new design and approach.

They hope the project will realize several advantages. In addition to being sustainable, the

project’s construction time looks to shorter, says Kyle Paine, CDP president.

Rocky Hill has a construction schedule of about six months. A conventionally built project

would take twice that long.

http://www.housingfinance.com/developments/innovative-veterans-development-breaks-

ground_o

The cost for this first-of-a-kind project will be similar to other multifamily projects in

pricey California, but the experience gained with Rocky Hill will help future developments

realize new efficiencies, Paine says. CDP is considering building a second development

with shipping containers.

At Rocky Hill, 29 units will be reserved for veterans, with the remainder having a veteran

preference. Eleven of the veterans’ units will have project-based Department of Housing

and Urban Development (HUD) and Veterans Affairs (VA) Supportive Housing vouchers, a

program that combines HUD Sec-8 rental assistance with VA case management services.

The VA, Community Action North Bay, and LifeSTEPS will provide supportive services.

“It’s been a priority to take care of veterans,” says Vacaville Mayor Len Augustine, a retired

Air Force colonel.

The project, which is designed to achieve LEED Gold certification, will also be good for the

larger community, according to Paine.

“The overall goal of this project is to catalyze a neighborhood renewal,” he says. “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.”

To finance the project, the development team assembled more than a half-dozen layers of

funding, including low-income housing tax credits awarded by the California Tax Credit

Allocation Committee and syndicated by the National Equity Fund. Citi Community Capital

also provided critical financing, including the permanent debt.

Other financial partners include Home Depot Foundation, city of Vacaville, California

Department of Housing and Community Development, CalVet, and California Statewide

Communities Development Authority.

http://www.housingfinance.com/developments/innovative-veterans-development-breaks-

ground_o

Rocky Hill is designed by G7A Gonzales Architects. Precision General Commercial

Contractors is constructing the development, and GrowthPoint Structures is providing the

modified shipping containers. Solari Enterprises will serve as the property manager.

http://www.ocregister.com/articles/lee-748764--.html

Real estate briefly: Lee & Associates in Orange

closes $18 million in deals April 9, 2017 | Updated 4:00 a.m.

New housing

Newport Beach-based Community Development Partners has broken ground on Rocky Hill Veterans Housing at 582 Rocky Hill Road in Vacaville. As one of the only

new affordable developments targeting veterans in Solano County, this $21-million project will provide housing for chronically homeless veterans and low-income veterans

and families.

Rocky Hill will consist of 39 permanent rental homes for people earning 15-60 percent

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 project’s structural system is comprised of modified steel shipping containers and is scheduled for completion in December.

http://www.architectmagazine.com/design/shipping-container-development-for-veterans-

breaks-ground_s

AFFORDABLE HOUSING FINANCE

Shipping Container Development for

Veterans Breaks Ground The innovative affordable housing project will be used to provide 39 affordable homes in California. By DONNA KIMURA

This story was first published in Affordable Housing Finance.

Rocky Hill Veterans Housing will be one of the most unique developments

built this year.

The 39-unit community is utilizing modified shipping containers in its design to

deliver new affordable housing in Vacaville, Calif.

The $21 million Rocky Hill Veterans Housing will be built using modified steel shipping containers. The 39-unit community is designed by G7A Gonzales Architects.

Community Development Partners

(CDP) held a groundbreaking

ceremony for Rocky Hill today. Vacaville Community Housing is the nonprofit

partner, and Integrity Housing is the co-general partner.

Barring any unexpected delays, the empty dirt lot where officials gathered for

the ceremony will become a vibrant housing community by the end of the

year.

The $21 million project’s structural system will be comprised of modified steel

shipping containers, which is stronger than typical wood framing.

http://www.architectmagazine.com/design/shipping-container-development-for-veterans-

breaks-ground_s

CDP leaders recognize that Rocky Hill will have a steep learning curve, but

they were willing to test a new design and approach.

They hope the project will realize several advantages. In addition to being

sustainable, the project’s construction time looks to shorter, says Kyle Paine,

CDP president.

Rocky Hill has a construction schedule of about six months. A conventionally

built project would take twice that long.

The cost for this first-of-a-kind project will be similar to other multifamily

projects in pricey California, but the experience gained with Rocky Hill will help

future developments realize new efficiencies, Paine says. CDP is considering

building a second development with shipping containers.

At Rocky Hill, 29 units will be reserved for veterans, with the remainder having

a veteran preference. Eleven of the veterans’ units will have project-based

Department of Housing and Urban Development (HUD) and Veterans Affairs

(VA) Supportive Housing vouchers, a program that combines HUD Sec-8

rental assistance with VA case management services.

The VA, Community Action North Bay, and LifeSTEPS will provide supportive

services.

“It’s been a priority to take care of veterans,” says Vacaville Mayor Len

Augustine, a retired Air Force colonel.

http://www.architectmagazine.com/design/shipping-container-development-for-veterans-

breaks-ground_s

The project, which is designed to achieve LEED Gold certification, will also be

good for the larger community, according to Paine.

“The overall goal of this project is to catalyze a neighborhood renewal,” he

says. “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.”

To finance the project, the development team assembled more than a half-

dozen layers of funding, including low-income housing tax credits awarded by

the California Tax Credit Allocation Committee and syndicated by the National

Equity Fund. Citi Community Capital also provided critical financing, including

the permanent debt.

Other financial partners include Home Depot Foundation, city of Vacaville,

California Department of Housing and Community Development, CalVet, and

California Statewide Communities Development Authority.

Rocky Hill is designed by G7A Gonzales Architects. Precision General

Commercial Contractors is constructing the development, and GrowthPoint

Structures is providing the modified shipping containers. Solari Enterprises will

serve as the property manager.

April 10, 2017

TODAY'S NEWS

Affordable Housing Finance: Innovative Veterans Development Breaks

Ground By Donna Kimura [4-7-17] // Rocky Hill Veterans Housing will be one of the most unique developments built this year. The 39-unit community is utilizing modified

shipping containers in its design to deliver new affordable housing in Vacaville, California.

http://campaign.r20.constantcontact.com/render?m=1120322818772&ca=00c3d693-9489-4850-

bc03-cf47643377e7

http://www.constructiondive.com/news/ca-developer-to-turn-shipping-containers-into-veterans-

housing/440152/

CA developer to turn shipping containers into veterans' housing By Mary Tyler March April 11, 2017

Dive Brief:

Newport Beach, CA–based Community Development Partners broke ground on a $21 million veterans housing development in Vacaville, CA, Friday, according to The Reporter. The facility will serve chronically homeless veterans, as well as low-income veterans and families.

The Rocky Hill Veterans Housing facility will house 39 permanent rental units for people earning 15% to 60% of the area median income. Of those units, 29 will be kept for veterans and the remaining units will give preference to veterans. Eleven of the veteran-designated units will serve as permanent supportive housing.

Set for completion in December 2017, the project’s structure will be made of steel shipping containers. It will be designed to LEED Gold standards.

Dive Insight:

Cities across the U.S. are searching for new ways to add affordable housing stock to their lagging inventories for low- and middle-income residents as wages fail to keep pace with soaring rental and home prices.

Some major metros are getting creative in how they deliver such properties. New York City is poised to convert a former Metropolitan Transportation Authority bus depot in East Harlem into a 730-unit, income-based affordable housing complex. In Chicago, three new projects are underway that will co-locate public housing and public library branches to better connect low- and middle-income housing with their local communities.

Earlier this year, a $33 million residential building opened in Washington, DC, with 60 of its 124 one-bedroom apartments reserved for homeless veterans and the other 64 labeled as affordable and low-income units.

http://www.multifamilybiz.com/News/7578/Community_Development_Partners_Breaks_Ground_on_21

...

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

April 11, 2017

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.

http://www.multifamilybiz.com/News/7578/Community_Development_Partners_Breaks_Ground_on_21

...

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.

http://www.thereporter.com/opinion/20170414/picks-amp-pecks-work-to-begin-on-

veterans-housing-a-special-project

Picks & Pecks: Work to begin on Veterans Housing a special project

POSTED: 04/14/17, 5:42 PM PDT | UPDATED: 1 DAY AGO

Recent rains couldn’t dampen the enthusiasm of those that celebrated the grading of a property that will soon be Vacaville’s first housing complex for military veterans.

The Rocky Hill Veterans Housing project is now underway. Expected to be completed in December, city officials have long worked with Community Development Partners (CDP) in getting the project off the ground.

The project has been in the works for five years. It started with just a handful of units being set aside for veterans but, with the city’s lobbying, that was changed to 29.

Of those 29 units, 11 will have vouchers that combine federal Section 8 rental assistance with Veterans Administration case management services. Those 11 units will serve as Permanent Supportive Housing, which officials explained as “a solution to homelessness that combines housing, rental assistance and wrap around supportive services for populations in need of intensive care.” Services include case management, substance abuse counseling and more. A pick for this quality endeavor to help those who have served us all so well.