Volunteers of America National Services Selected Development Partner for New Affordable Senior Housing Site in Little Havana
FOR IMMEDIATE RELEASE:
August 2, 2021
ALEXANDRIA, Va./MIAMI, Fl., August 2, 2021—Volunteers of America National Services was selected by Neighborhood Housing Services of South Florida (NHSSF) to partner on a senior affordable residential housing project to be known as Freedom Pointe in Miami, Florida. The project is slated to be completed in 2024. VOANS is the wholly controlled nonprofit subsidiary of Volunteers of America created as the sponsor and parent entity for new Volunteers of America housing development projects.
Over 40 years, NHSSF has served Miami-Dade and Broward families and communities from its offices located in one of the culturally eminent neighborhoods in Miami: Little Havana. Only in the last five years, from 2015 to 2020, NHSSF has provided 150+ residential loans, developed 29 single-family units, created over 900 new homeowners through their homebuying educational & counseling programs, and contributed to an economic impact over $160 million across South Florida.
Little Havana, a historic and iconic neighborhood, is a symbol of inclusiveness and a testament to the immigrant synergy that built our city. In the same spirit, NHSSF decided to partner with Volunteer of America National Services to build a mixed-income affordable housing development on land currently owned by the nonprofit. The proposed project will include the demolition of the existing building at 300 NW 12th Ave., Miami, FL 33128, and new construction of mixed-use affordable housing for seniors, as well as office development, as NHSFF plans to maintain its headquarters in the newly developed building.
Consisting of 75 units for seniors, the property will be green oriented and will include supportive services to residents as well as a ‘health hub’ in the building. VOANS intends to implement its Aging with Options program, so that residents can safely remain in place as long as possible. Additionally, the fourth floor will include outdoor amenities such as a walking path, garden and patio area.
The demand of affordable housing in South Florida was already excruciating before the pandemic brought more pressure over it. Recent factors such as the current seller’s market, record-low housing inventory numbers, supply chain disruptions impacting construction prices, and the year-over-year rise in home prices alongside a growing population and a recovering economy reinforce the need for affordable housing options in a post-covid world. “With this new development, NHSSF is taking concrete measures toward alleviating the affordability challenges in the market,” said Kimberly Henderson, President & CEO of NHSSF regarding this new housing project.
“VOANS is thrilled to develop this site in Little Havana and work with NHSSF to provide on-site supportive services and amenities. We are looking forward to revitalizing this site by creating new affordable housing while providing a safe healthy environment so residents can thrive.” said Sharon Wilson Geno, EVP and chief operating officer, Volunteers of American National Services.
# # #
About Volunteers of America National Services
VOANS, part of the Volunteers of America family of organizations, provides affordable housing and healthcare services in over 40 states in Puerto Rico. The organization employs over 3,100 professionals who provide high quality services and care to our clients. As one of the largest non-profit affordable housing owner/operators in the nation, the VOANS portfolio includes over 240 properties and 15,000 affordable housing units. VOANS also operates over 46 senior healthcare programs, including skilled nursing, assisted living, home health care, adult day and Program for All Inclusive Care for the Elderly (PACE). For more information on VOANS, please visit our website at www.voans.org.
About Volunteers of America
Volunteers of America, is a national, faith-based nonprofit dedicated to helping those in need live healthy, safe and productive lives. Since 1896, Volunteers of America supports and empowers America’s most vulnerable groups, including veterans, seniors, people with disabilities, at-risk youth, men and women returning from prison, homeless individuals and families, those recovering from addictions and many others. Through hundreds of human service programs, including the housing and health care services provided by VOANS, Volunteers of America helps 1.5 million people in over 400 communities. For more information, visit voa.org.
About Neighborhood Housing Services of South Florida
Established in 1978, NHSFF is a certified Community Development Finance Institution (CDFI) and an accredited community development nonprofit serving South Florida residents for over 40 years. NHSSF is committed to advance prosperity for all South Floridians through Lending, Real Estate Sales, Housing Development, Home Buyer Education & Counseling, and Community Transformation. NHSSF is also a chartered member of the NeighborWorks® America. In this capacity, we are part of a nationwide network of over 240 chartered community development organizations and one of the twenty that serve Florida residents. NHSSF provides its full spectrum of homeownership services in English, Creole, and Spanish to assist potential homebuyers in reaching their homeownership goals. For more information visit us at: nhssf.org.
Laura Sildon, Volunteers of America National Services
240-447-3418 or LSildon@VOA.org
Juan Gordillo, NHSSF, 786-237-2122 or firstname.lastname@example.org