Volunteers of America National Services announces a new partnership with YardHomes, a Minneapolis-St. Paul metro-focused Accessory Dwelling Unit specialist, to create innovative, permanent, supportive and affordable housing for veterans and their families formerly experiencing homelessness.
As part of the VOANS Innovative Dwellings program, this partnership leverages a $3 million grant the Wells Fargo Foundation awarded to VOANS in 2020 to support the creation of 125 units of housing across four market areas served by local VOA affiliates and community partners, including one in the Morris Park neighborhood of Minneapolis.
“Having a healthy and affordable place to call home is an essential pathway for wellness, dignity, and economic opportunity,” said Eileen Fitzgerald, head of housing affordability philanthropy with Wells Fargo. “Lack of affordable housing puts millions at the edge of crisis and ADU’s can help to increase the supply of affordable housing."
Individuals, churches, community land trusts, nonprofits and other “hosts” provide low-cost land for the ADUs or cottage village cluster developments under a long-term ground lease or land sale. The Y-HELP® entity constructs, owns and property manages the ADU and leases the unit to the veteran. For more information on YardHomes visit www.YardHomesMN.com.
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