Housing Works announces the acquisition of residential property utilizing funds awarded through the Neighborhood Stabilization Program (NSP 2). With this funding, Housing Works purchased Centennial Point, a four-plex in Bend, OR that will provide permanent, supportive housing to homeless individuals and families.
The NSP 2 program, administered through Oregon Housing and Community Services, was created to encourage the purchase and/or redevelopment of foreclosed properties within eligible areas that might otherwise become sources of abandonment and blight. NSP 2 includes an initiative to create permanent supportive housing for people experiencing homelessness.
Over the next few months, Housing Works will renovate the two-bedroom, one-bath units and upon completion, move four families into permanent housing. Through partnerships, a wide array of supportive services will be available on-site to help individuals defeat the challenges that have left them without a home.
Housing Works, the regional housing authority, is guided by one simple mission: fostering dignity through housing. “We supply more than just places to live; we help with plans for economic self-reliance.”