Supportive Housing: Homeless Veterans
National Equity Fund is building on its extensive experience in structuring and financing supportive housing to focus time, talent and resources on the growing problem of homeless veterans. Estimates from HUD conservatively put the number of homeless vets on the street at any one time at 140,000, representing one-fifth of the nation's homeless population.
NEF Homeless Veterans Initiative
In 2006, NEF took a close look at how to tackle the issue of having enough affordable housing units with the right services to address this growing at-risk population. The NEF Homeless Veterans Initiative was born. Download brochure.
Our Partners
NEF has partnered with veterans organizations and other veterans experts to promote the development of supportive housing for homeless veterans on both private lands and VA land. These alliances are very valuable in helping our development partners move forward with development efforts. Download homeless veterans fact sheet from the U.S. Department of Veterans Affairs.
Helping Homeless Vets
There are an estimated 18,000 homeless veterans in metropolitan Chicago but until recently no affordable housing development to meet their needs. St. Leo Residence for Veterans 
opened its doors in 2007 to address that need. It was the first project funded under NEF's Homeless Veterans Initiative. The $20.2 million dollar project is now home to 141 residents who have access to an adjacent heath and employment center.
NEF has an existing pipeline of 10 potential projects targeting homeless veterans from New York to California, and we hope to expand by another 10 projects in the coming year.
Sponsor: Catholic Charities Housing Development Corporation
For more information about how to prevent and end homelessness in America, please visit the National Coalition for the Homeless website at www.nationalhomeless.org.
