The cost to acquire and rehabilitate the property, and relocate its current tenants, is $2.7 million, the majority of which will be funded by federal affordable housing funds and the Burbank Housing Corp., according to city officials.
City officials said the demand for the program is high since 25 homeless veterans reside in Burbank, according to a recent study.
“Data suggests there is a need to help these veterans, get them off the streets,” said project manager Ross Young.
The idea is to provide housing and support services — including vocational training and job placement — for a period of two years, at which point the veterans are expected to find permanent housing. Ten one-bedroom units will be made available, with the last unit reserved for a program director, Young said.
“I am so supportive of this,” said Councilman Gary Bric. “It’s something that we owe our veterans.”