Monarch’s Housing Development Team a Proud Partner New Opportunity for Homeless Veterans
On July 8, 2019, Monarch Housing Associates joined the American Legion, New Jersey Housing and Mortgage Finance Agency (NJHMFA), and other partners to celebrate the grand opening of the new American Legion Post 107 in Hoboken, New Jersey. Click here for a facebook album of photos from the grand opening event.
Over the past four years, The American Legion has been working with the City of Hoboken, NJHMFA, New Jersey Department of Community Affairs (NJ DCA), Hudson County Community Development, Township of Weehawken and other community partners to develop this flood-resistant housing and community space for veterans.
Those in attendance at the July 8 ribbon cutting included Commander of American Legion Post 107 John Carey, U.S. Senator Bob Menendez (D-NJ), City of Hoboken Mayor Ravi Bhalla, members of the Hoboken community, and representatives of the Local, State and National American Legions.
The development team for this project included:
- The American Legion Hoboken Post 107 – Developer
- Monarch Housing Associates – Consultant
- Kitchen and Associates – Architect and Energy Star Consultant
- Sabia Construction – Contractor
- The Hoboken Shelter – Service Provider
There are approximately 20,000 veterans in the U.S. living without a home. In Hoboken alone, there are about 20 veterans experiencing homelessness. Hoboken was particularly devastated by Hurricane Sandy, making this project a necessity.
According to the American Legion website, the average rent in Hoboken is $3,469/month. In this new development, residents will not pay more than 30% of their income towards rent. Rental subsidies received from NJDCA will cover the balance of the rent.
The recently constructed five-story American Legion Post 107 project features a community center and six apartments reserved for homeless veterans. This $3 million project was fully funded by donations, government support and American Legion Equity. Some of the units are in the process of being furnished, however a number are still waiting on donations for the furniture.
“This has been an exciting project for us to partner on! To see the American Legion take up this cause to provide housing to homeless veterans is truly remarkable,” says CEO of Monarch Housing Associates Taiisa Kelly says. “Using under utilized space, American Legion Post 107 has created not only a home, but a community for 6 veterans experiencing homelessness in Hoboken. We are always excited to partner with community organizations willing to think creatively about how to create housing opportunities for all in need.”
On the night of January 22, 2019 out of the 890 persons identified as homeless in Hudson County through NJCounts 2019, there were a total of 226 chronically homeless persons, representing 25.4% of the counted homeless population. There were 29 homeless veterans representing 3.7% of the counted adult counted homeless population. Monarch Housing Associates coordinates NJCounts and released the NJCounts 2019 report.
Monarch Housing Associates has 29 years of experience working with clients to develop affordable and mixed-income rental housing for seniors, families and persons with special needs. For more information on the American Legion Post 107 project or the Housing Production team at Monarch Housing Associates, please email Asish Patel at email@example.com.
Click here for NJ.com’s news coverage of the grand opening event.
Click here for NJ 12’s coverage.
Click here for the City of Hoboken’s coverage.
Click here for hmag’s news coverage.