800-787-9090
Icon Builders

Victory Place III

Project Summary

Victory Place III, completed in 2011, is the construction of 75 efficiency and one-bedroom residences at the Victory Place Campus in Phoenix which is a collaboration between Cloudbreak Communities and the Phoenix VA Health Care System, Bethesda Community Baptist Church and the nonprofit U.S. VETS.

Fourteen of the 75 Phase III residences are available to households earning at or below 60 percent of Area Median Income, 34 at or below 50 percent and 27 for those at or below 40 percent. The numerous veteran-specific services and outreach programs offered at Victory Place including job training make the community attractive to men and women who have served in the military.

Victory Place III brings the capacity to serve veterans at Victory Place Campus up to 177 with 70 program related beds and 107 permanent affordable housing units with supportive services. Supportive services such as case management, crisis intervention and 24/7 support are provided to all residents by U.S. VETS, Phoenix, while life skills development, support groups and food assistance is provided primarily by Bethesda Community Baptist Church. Co-location of VA social workers provide direct case management for veterans in certain programs and campus clinical support as well as connection to overall healthcare.

Victory Place III

Project Facts

Address

834 E. Jones Avenue
Phoenix, Arizona

Project Type

Veterans Housing – New Construction
75 units
Construction Cost – $5.1 million

Developer

Cloudbreak Phoenix III, LP

Financial Partners

Lender:

  • City of Phoenix
  • Arizona Department of Housing

Equity:

  • National Equity Fund, LISC
Architect

Togawa Smith Martin Architects

Financing

Low Income Housing Tax Credit Project
State and City Funding


In the News