Veterans Project Awarded Tax Credits

Governor Wolf Announces Tax Credits and PennHOMES Funding for Affordable Multifamily Developments in Pennsylvania

Funding Administered by PHFA Will Support Construction and Rehabilitation of 39 Developments Statewide

 

July 14, 2016

Harrisburg, PA – Governor Tom Wolf today announced awards of $40.3 million in tax credits and $5.9 million in PennHOMES funding for the construction of 39 affordable multifamily housing developments located throughout Pennsylvania. The tax credits are administered by the Pennsylvania Housing Finance Agency and were approved by its board.

 

The tax credits awarded to developers will be used to attract more than $407 million of investment funding for building, and rehabilitating, multifamily housing offering affordable rents.

 

“This tax credit program touches many lives by making affordable housing available through a powerful partnership between the public and private sectors,” said Governor Wolf. “Pennsylvania communities win because the program makes possible the construction of housing for seniors, veterans and others that wouldn’t be possible otherwise.”

 

When completed, the developments receiving funding today will preserve and create an additional 1,875 rental housing units for Pennsylvania residents.

 

Read full press release here.

 

VMC Veterans Community Awarded Tax Credit

We are happy to announce our vision for a Veteran Community in partnership with Orens Brothers Real Estate was one of 8 in the Philadelphia area awarded funding and will soon be a reality! The project, Edison 64 Veterans Community, will provide affordable housing for Veterans with a rich array of on-site supportive services. The project offers permanent units of affordable rental housing and involves the adaptive reuse of the former Edison High School into a highly sustainable building and valuable resource to the community. 

VMC Finalist for Wawa Hero Award

 VMC chosen as one of four finalists for the first-ever “Wawa Foundation Hero Award”.

 

This honor is to be given to non-profit organizations serving the greater Philadelphia area that assist others and help advance communities through preserving our freedom, protecting our safety, inspiring learning, and encouraging and empowering others to become better citizens and community members. 

 

The winning organization will receive a $50,000 grant from The Wawa Foundation, and three runners-up will each receive $10,000 grant.

 

On Wednesday, June 15th, Wawa President and CEO Chris Gheysens announced the four finalists were selected among more than 300 submissions and asked for the public's assistance in determining the final selection.

 

Public voting will take place at www.TheWawaFoundation.org from Monday, June 20 to Wednesday, June 29. The winner will be announced during the morning ceremony on July 4th.

 

**UPDATE:  Thanks for voting! We are so proud to have been selected as one of the first ever Wawa Hero Award Finalists. Thank you for your votes and on-going support of our Veterans. Congrats to SPIN for taking home the gold! Below is a photo of all finalists at the 4th of July Ceremony in Independence Mall.

wawaheroaward

 

Vote for VMC!

2016 Charity of the Year

Once again, VMC has been nominated as the Philly Happening

"Charity of the Year"

The Happenings List is Philly's People's Choice competition provided by Philly Magazine. It features all of the best Philly people, places, businesses, and events (and, of course, non-profit agencies). 

Last year YOU chose us as the 2015 best charity... 
Will you vote for us again?

CLICK HERE to cast your VMC vote today 

#RewriteTheRunway Recap

Missed the ‪#‎RewritetheRunway‬ Fashion Show? You're in luck! See the coverage by MyNEWPhilly here.

MontCo Reaches Functional Zero

"What I can tell you today is that we have reached the functional zero that we hoped to achieve and we now have a system in place that is capable of rapidly rehousing future homeless veterans," said Sean Halbom, head of the county's Department of Veterans Affairs.

 

We are so proud of our momentum! #RewriteTheCardboard

Click here to read the full article by Kaitlyn Foti at TheReporterOnline.com. 

Anonymous - Philadelphia, PA

"I am the wife of a Viet Nam Veteran. My husband started going to PVMSEC 10 years ago for help. No mere words could ever express how much his life and in turn our family life has changed for the better in those years. I am and always will be grateful for the wonderful care he has received at the Philadelphia Veterans Multi-Service Center & Education Center."

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