GNO operated its Meridian Road house for about 5 years as part of its homeless services program for recent parolees. The property serves as transitional housing for 6 homeless clients who are recent parolees. GNO provides affordable housing and supportive services to its clients. GNO used a $114,000 loan from FCLF to purchase this formerly-leased property.
The Loan Fund made its first loan to Good News Outreach in 2001. GNO used $550,000 in joint FCLF and SunTrust Bank funding for the acquisition of a small apartment complex, that it converted into an SRO (single-room occupancy) facility. Mission Oaks SRO expanded GNO’s Mercy House homeless services dramatically by allowing the program to provide affordable housing to 23 homeless clients referred from a variety of sources in Tallahassee. Other funding came from VA, the City of Tallahassee and HUD.
The Maryland Oaks Crossing residential community is currently a 20-unit facility developed and constructed by GNO and jointly funded through the Department of Community Affairs Homeless Housing Assistance Grant Program and private sector financing from SunTrust Bank. This community provides a total of forty-five (45) bedrooms and is able to house approximately sixty (60) individuals. The target client resident population is individuals at or near homelessness who have young children, either work or have some source of regular income and do not have a drug or alcohol dependency problem.
As part of an its plans to expand services, GNO has acquired 2 acres of vacant land adjacent to Phase I and II of Maryland Oaks in order to develop 17 additional units for 54 clients. The Loan Fund provided $600,000 in funding necessary for the pre-development and acquisition costs in partnership with DCF.
CLICK ON PHOTOS AT RIGHT TO ENLARGE.
PHOTOS: (1) Mission Oaks, 23-unit SRO supportive housing site for homeless men; (2) Maryland Oaks supportive housing site; (3) Meridian Road supportive affordable housing site.
