Five years after opening its doors to homeless veterans, Canal Street Veterans Housing is celebrating its success in moving residents to permanent housing and employment. Eighty-seven percent of all residents moved into permanent housing after leaving Canal Street and all of those who were able to work were employed.
Canal Street is a two-year transitional housing program for formerly homeless veterans. It is the only VA housing provider in Vermont that allows families of veterans to join them in their program. In 2015, the residents of Canal Street's 28 units included 8 children and two spouses.
VHFA is proud to have provided the tax credits that created equity to build the landmark project that was developed by COTS and Housing Vermont.