Green Bay Proposes Veteran Housing

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The Federal Savings Bank informs veterans of a new housing initiative in Green Bay, WI.

VA and FHA home loans at The Federal Savings Bank

The Federal Savings Bank

When veterans return home, they often have to deal with homelessness and other housing issues associated with living poverty.

The Federal Savings Bank, a veteran owned bank has been informing its prospective applicants that In Green Bay, WI, VA’s are awaiting the start of construction on a new proposed apartment complex that will offer affordable housing for 50 individuals half a mile away from a VA clinic. The state recently passed a tax credit of $350,000 to contribute to the project, a major step toward its initial start.

When veterans return home, they often have to deal with homelessness and other housing issues associated with living in poverty. In particular, disabled veterans who may not be able to work can face extreme conditions and hardship when looking for a place to live.

Fox News reported on October 15th that the new apartment complex, called Veterans Manor, is planned on the site previously occupied by the Brown County Mental Health Center. The project will total $7.4 million and will provide both a permanent place to live and social services for 50 low-income and homeless veterans.

The project is expected to break ground in spring 2014 and be completed by the following year. The group planning to develop Veterans Manor constructed a similar project in Milwaukee.

Contact the Federal Savings Bank, a veteran owned bank, to explore affordable home loan options for eligible veterans.

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