Restoration Housing

Our organization began 2023 by purchasing our seventh historic property after working on the acquisition for many months. It is our fourth project in the belmont neighborhood of southeast roanoke. We simultaneously began applying for grants to cover the construction costs to rehab it. Work commenced by the end of summer that year and is ongoing through spring of 2024. We accomplished our two main events for the year - our annual fundraiser, which was an in-person luncheon in september and our annual community partnership day, which we held at the villa heights recreation center. In conjunction with our community partnership day, we held a stewardship campaign to raise funds for the property that was specific to 2023. Throughout the year, we also accomplished our on-going work to be good stewards of our properties and to be reliable landlords to our affordable Housing units. We spent a lot of the third and fourth quarter of the year preparing for our upcoming projects, which include the rehab of a historic property into a treatment center for pregnant and postpartum women and their newborn infants and the rehab of a historic church into fifteen units of elderly affordable Housing. Both projects required a great deal of pre-development work in 2023 and will begin construction in 2024.