Darcel Roebuck, a veteran of 20 years in the Army, found a home and a job at Victory Place, a supportive housing campus for formerly homeless vets in Phoenix. Through the National Equity Fund and it's Bring them HOMES initiative, we have invested $610 million in equity to create housing for homeless veterans at Victory Place and across the country.
As the National Equity Fund (NEF) turns 30, LISC CEO Maurice Jones and NEF president Joe Hagan take the measure of all that has been accomplished thanks to the Low Income Housing Tax Credit. That includes three million affordable homes since the credit was created in 1986, and 90 percent of all affordable housing being built today. Ensuring that more low-income people can keep a roof over their heads demands safeguarding—and refining—the tools that make affordable homes possible.
Ever since its approval by Congress in 1986, LISC has been using Low Income Housing Tax Credits to help build quality, affordable housing in places that desperately need it. The five articles that follow are a sampling of how we document the ripple effect of those homes—the way they leverage growth and energy in neighborhoods and lift quality of life for residents all across the country.
In honor of Veterans Day, we are sharing the story of Gerald Hurt, a formerly homeless veteran who recently moved into a new supportive housing community in Danville, Illinois. Together with the National Equity Fund and Bring them HOMES, LISC is working to make sure every veteran has the home he or she needs.
Ending homelessness for our brave returning veterans is an ambitious but doable goal. But it requires an effective and strong Low Income Housing Tax Credit program says Matt Josephs, LISC’s vice president for policy. In this article, Josephs takes a look at how policy and purpose intersect for low-income veterans, as they find the help they need at places like the new Liberty Village, in Amityville, N.Y.