Addressing the Veteran Affordable Housing Crisis

In just 4 short years, our Patriot Housing Initiative has helped place over 700 Veterans with clean, safe, and affordable permanent housing based on “real-life” terms, and has established the new standard for Veteran housing.

On any night in January 2021, nearly 40,000 Veterans experienced homelessness in the U.S., accounting for just under 9% of all homeless adults, according to the United States Department of Housing and Urban Development (HUD). Federal rental assistance such as Housing Choice Vouchers is highly effective at enabling low-income Veterans to afford stable housing, studies show. But those eligible — nearly all severely cost-burdened Veterans— do not receive assistance due to funding restrictions or are unable or simply unmotivated to participate in supportive services.

Veterans that do receive assistance and their Veteran Housing Advocates often face numerous barriers to housing access (e.g., difficult procedures, communication break down between Service Providers and Property Owners, lack of affordable and adequate housing stock) and housing maintenance (e.g., program rules, access to resources). Moreover, fierce rental demand across the income spectrum and insufficient funding for rental subsidies and services are putting Veterans at risk.

Simply put— Affordable Housing is Out of Reach for most.

However, evidence shows that providing homeless Veterans with housing and services based on practical conditions lead to housing stability and improved outcomes in the long term. Implementing low-barriers to entry and supplementing local programs empower Veterans and their Providers and promotes the path out of chronic homelessness.

PSG has spent several years collaborating with Veteran Service Organizations to identify Veteran needs and the obstacles that typically derail housing access. Streamlining the application process and fostering a Veteran-friendly housing environment built upon support, trust and belief in Veterans, purposeful, measurable, and positive social impact thrives in our communities across America.

Take a Look At Our Communities…

PSG’s Current Affordable Multifamily Portfolio

Patriot Services Group has two separate housing components: a) Our “Owned” multifamily portfolio, and b) Our Veteran Placement Joint Venture properties where we place Veterans into communities owned by others.

CURRENT OWNED PORTFOLIO

At the present time, the PSG “Owned” Portfolio is made up of 4,238 units of multifamily property consisting of forty-three (43) communities/buildings in seven (7) states, with current values approaching $500MM. Each of these locations are recognized as “Affordable”, and are guaranteed to remain so for the next fifteen years due to the Land Use Restrictions placed on them by the bond financing.

By setting a target of 20% of each community for our Vets, PSG is making a significant impact reducing the number of homeless veterans on America’s streets and shelters. By providing additional counseling and resources to them, the Veteran community is greatly improved.

Our Communities are shown by state as follows:

ALABAMA (104 Units)

Sunset on the Bayou, a 104-unit property in Mobile, Alabama;

 

FLORIDA (793 Units)

Patriot Plaza, a 281-unit property in Jacksonville, Florida;

Patriot Spring, a 53-unit property in Jacksonville, Florida;

Patriot Spring on Market, a 17-unit property in Jacksonville, Florida;

Topaz Villas, a 444-unit property in Jacksonville, Florida;

 

ILLINOIS (569 Units)

Prairie View, a 334-unit property in Woodstock, Illinois;

Timber Oaks, a 235-unit property in Ingleside, Illinois;

 

LOUISIANA (781 Units)

The Cove at NOLA, a 300-unit property in New Orleans, Louisiana;

Bern Mas, a 98-unit property in New Orleans, Louisiana;

Brookwood, a 100-unit property in Lafayette, Louisiana;

Iberia South, a 128-unit property in New Iberia, Louisiana;

Kingston Point, a 155-unit property in Baton Rouge, Louisiana;

 

MISSISSIPPI (764 Units)

Autumn Trace, a 72-unit property in Pascagoula, Mississippi;

Azalea Park, a 128-unit property in Pascagoula, Mississippi;

Bandywood, a 76-unit property in Pascagoula, Mississippi;

Gardenia Grove, a 124-unit property in Pascagoula, Mississippi;

Granada Square, an 84-unit property in Pascagoula, Mississippi;

Regency Woods, a 184-unit property in Pascagoula, Mississippi;

Willow Creek, a 96-unit property in Pascagoula, Mississippi;

 

NEVADA (236 Units)

The Rubix, a 236-unit property in Las Vegas, Nevada;

 

WEST VIRGINIA (991 Units)

Greenbrier Gardens, a 175-unit property in Charleston, West Virginia;

Village Hill, a 123-unit property in Charleston, West Virginia;

Grandview Pointe, a 96-unit property in Charleston, West Virginia;

One Morris, an 85-unit property in Charleston, West Virginia;

Mark Alan Townhomes, an 81-unit property in Huntington, West Virginia;

Balance of West Virginia Portfolio, 431 additional units in (18) Communities/Buildings in Charleston & Huntington, West Virginia;

 

Along with providing permanent housing into our own communities, Patriot Service Group has established agreements with other multifamily property owners across the nation to place Veterans into their locations. At the present time, our Vet Placement Program has enrolled eighteen (18) communities in five (5) states totaling in excess of 5,600 units offering availability to housing for Veterans in those locations.

Here are our Veteran Placement Communities:

  • Village at Greenfield, a 429-unit community in Wilmington, North Carolina;
  • Arlay Point, a 640-unit community in Norfolk, Virginia
  • Waters at Westchase, a 246-unit community in Houston, Texas
  • The Springs at 1100, a 232-unit community in Kileen, Texas
  • New Horizon, a 904-unit community in Memphis, Tennessee;
  • Heronview, a 96-unit community in Sterling, Virginia;
  • Hawks Landing, a 50-unit community in Ruckersville, Virginia;
  • Mountain Laurel Manor II, a 48-unit community in Stauton, Virginia;
  • Village Green, a 32-unit community in Glouster, Virginia;
  • The Academy, a 16-unit community in West Point, Virginia;
  • Forest Park, a 284-unit community in New Orleans, Louisiana;
  • Walnut Square, a 209-unit community in New Orleans, Louisiana;
  • Carmel Brook, a 584-unit community in New Orleans, Louisiana;
  • Carmel Spring, a 400-unit community in New Orleans, Louisiana;
  • Laguna Creek, a 216-unit community in New Orleans, Louisiana;
  • Laguna Reserve, a 348-unit community in New Orleans, Louisiana;
  • Laguna Run, a 442-unit community in New Orleans, Louisiana;
  • Orwood Creek, a 442-unit community in New Orleans, Louisiana;

 

Our veteran housing reach

PSG’s Veteran-Friendly Application Process

PSG has spent several years establishing the Patriot Housing Initiative, collaborating with numerous HUD-VASH Teams and Supportive Services for Veterans Families organizations to determine the Veterans needs and what obstacles typically derail a veteran application.

By closely working with VA Medical Center and Supportive Service Organizations in each market, we are able to overcome the vast majority of barriers that typically prevent a Veteran from securing permanent housing.

Here are many of the Program Guidelines that makes our Housing Initiative unique…

PATRIOT HOUSING INITIATIVE’S CURRENT PROGRAM GUIDELINES

  • No Application Fee
  • No Processing Fee
  • No Credit Check Fee
  • PSG Acts as Guarantor for Veteran Security Deposits
  • No Income Rejections
  • No Employment Rejections
  • No Credit Rejections
  • Reasonable Criminal Background Reviews
  • Possible Inclusion of All Utilities