Mayor’s Fund and Mayor’s Office of Veterans Affairs Announce Partnerships to End Veteran Homelessness

The Mayor’s Fund to Advance New York City and the Mayor’s Office of Veterans Affairs (MOVA) have announced two partnerships with the private sector aimed at ending veteran homelessness within New York City. Totaling $750,000 in funds raised, the partnerships include the Deutsche Bank Americas Foundation, and the Real Estate Board of New York (REBNY) and its members.

The Deutsche Bank Americas Foundation has awarded a $250,000 grant to MOVA, to support the City in meeting Functional Zero, the national standard for ending veteran homelessness and rapidly rehousing all new veterans that enter the shelter system. Funds will be used for direct services for veterans as well as towards helping NYC reach its goals in ending veteran homelessness.

Additionally, the Mayor’s Fund has raised $500,000 from private partners, including REBNY and its members, to provide financial assistance to veterans who successfully transitioned from shelters to permanent housing at the end of 2015.

“Every veteran should receive proper housing and the services they need to help them cope with their experiences in war,” said Mayor de Blasio. “I think the Deutsche Bank Americas Foundation, REBNY and our folks in the Mayor’s Fund and MOVA who are leading the way towards functional zero.”

According to the federal Department of Housing and Urban Development, the number of veterans staying in shelters or on the streets has decreased by 90% since 2011. In 2015, NYC placed more than 1,000 veterans in permanent housing across the five boroughs.

So far in 2016, the City has placed 437 veterans in permanent housing.

REBNY to provide 15 apartments on the East Side for displaced residents, New York State Association for Affordable Housing to assist with securing temporary and long-term apartments within the community

rob-speyer-deblasio-pressAS REBNY Chairman, Tishman Speyer President and Co-CEO joined NYC Mayor Bill DeBlasio and other industry and community leaders for today’s announcement — REBNY will provide 15 apartments on the East Side for displaced residents as the New York State Association for Affordable Housing will  assist with securing temporary and long-term apartments within the community.

“The building explosion that occurred earlier this week was a tragedy for the families impacted, the community and the city as a whole. It is in responding to such events when the city and its people are at their best. The real estate community is pleased that it can help contribute to that response and the city’s recovery,” said Rob Speyer.