Archive for April, 2014

Trailside I - Community Building

After five years, it seems the sluggish economy is starting to turn itself around. That’s the good news, and certainly benefits the vulnerable people who depend on Volunteers of America for assistance. But there’s also a flip side. With a recovering economy comes real estate prices that start to move upward … which is great if you’re a homeowner wanting to build equity, but not so great for those in need of affordable housing. This upward price pressure is especially evident in the rental markets of many American cities. Reduced home building in recent years, coupled with stricter mortgage lending practices, has led to a tremendous demand for rental properties, driving prices above the means of many lower income families.

At Volunteers of America, we believe decent affordable homes create the foundation for a successful life. We’re committed to building housing that not only supports our residents, but also fits the needs of the whole community. Volunteers of America is committed to providing low-income families, seniors and people with disabilities a decent and affordable place to live. With more than 17,300 units under our management, we are one of the largest providers of quality affordable housing in the country. Nationally, Volunteers of America owns and operates approximately 380 affordable housing communities from coast to coast and in Puerto Rico that are home to almost 25,000 people.

As demographics change and our nation’s senior population grows significantly, Volunteers of America is also a national leader in providing care and housing to these seniors. In the U.S. today, we are one of largest nonprofit providers of affordable senior housing, skilled nursing care and assisted living for seniors. The needs of our senior population are certain to become even more pressing in the coming decades, as the number of Americans age 65 and older is expected to double by the year 2030.

Our commitment to affordable rental housing – for families, seniors and many others – remains unwavering. For more information about Volunteers of America’s national portfolio of housing and related supportive services, please visit www.VolunteersofAmerica.org/housing.

– By Mike King, National President and CEO, Volunteers of America

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