3rd Veterans Property Land Trust

3rd Veterans Property Land TrustWEST REGION
$1.985 million FCLF loan
Construction and permanent financing
23 affordable homes for veterans

3rd Veterans Property Land Trust was created in 2020 with a goal to create an affordable veterans community in Pinellas County. When suitable property was identified, the group purchased a 1.9-acre parcel, with plans to add 23 new, affordable housing units for veterans. The site contains buildings that will remain intact or be renovated and re-purposed – including a church, office and meeting space, and an existing single-family home. The property is in an area of Pinellas Park that is targeted for redevelopment.

With financing from Florida Community Loan Fund, 3rd Veterans purchased the property and is creating Victory Light, a community where there are individual residences for veterans, including homeless veterans, who participate in the VASH program (Veterans Affairs Supportive Housing). VASH combines rental assistance vouchers with case management and clinical services; at this location. Always Able, Inc. will provide counseling, job readiness and placement, transportation support, assistance accessing VA benefits, and a 24-hour crisis line. Rent will be very affordable – starting at under $1,000 for a yearly lease – and veterans can use VASH housing choice vouchers.

The homes will be created from 40-foot shipping containers, which are being manufactured by Container Solutions The containers are delivered with windows installed to the project site, where they are finished on the property with insulation, French doors, plumbing, electrical and lighting, appliances, and all cabinetry. The container homes are hurricane resistant (180 mph wind) and meet all local and state building codes. The property is within walking distance to shopping and retail.

This project with 3rd Veterans Property Land Trust helps address the lack of affordable housing in Florida, and helps veterans who may otherwise be homeless. It incorporates container housing which is emerging as a new, proven method to create affordable homes. FCLF received a JPMorgan Chase grant to explore innovative methods of providing affordable housing, which led to this project.

Pictured: the foundations for new, affordable housing from 3rd Veterans Property Land Trust

Button View More

“FCLF will help us have significant ongoing impact in West Lakes as we help families set roots in this community.” – Camille Reynolds, Executive Director

Hannibal Square CLT

"Our partnership with FCLF allows us to build an attractive, state of the art facility that patients, staff, and community will be proud of." – Bakari Burns, President-CEO

Orange Blossom Family Health

"FCLF understood our context, embraced the project vision, and were willing to make an investment that others deemed as too risky." – Lynn Brockwell-Carey, Executive Director

Neighbor Up Brevard

"Our partnership with FCLF helps the American Dream of homeownership come true." – Michael Roberts, Exec Dir


“Thank you so very much for the exceptional services. We truly value FCLF’s contributions to furthering our mission." – Michael L. Bean, CEO

Housing Authority of Brevard County

"We commend the important work of your organization, are glad to support its efforts." – Beverly Dabney

JPMorgan Chase Foundation

"FCLF has proven its community impact and hard work. We are proud to partner with FCLF." – Leslie Watson, Analyst, Community Investments

Dignity Health

“We cannot thank FCLF enough for this partnership, creating permanent housing for our neighbors in need, and their commitment to Florida communities.” – Shannon Nazworth, President & CEO

Ability Housing

"We're thrilled to partner with FCLF to make our project a reality to serve generations of kids in our community." – Dawn Stanhope, President & CEO

Boys & Girls Clubs of Manatee County

“The collaboration with FCLF and using NMTC financing allows us to bring the most ambitious projects to life to benefit the communities we serve.” – Elodie Dorso, President & CEO

Community Health Centers of Pinellas

"We consider FCLF a valued partner and strong advocates for low-income communities and families. We look forward to many more years of working together." – Jennifer Westerbeck, Vice President

US Bancorp CDC

"Without the FCLF initial loan to purchase land, we might not have been able to move forward with farmworker housing." – Peter Routsis-Arroyo, CEO, Catholic Charities, Diocese of Venice

Casa San Juan Bosco

"FCLF staff shares our vision and commitment to serve needy families and provide a high quality education to all children." – Thomas Cole, Founder

Emma Jewel Charter Academy

"It is really working. FCLF is really touching low-income people." – Florida Community Loan Fund Founding Board Member

Sister Mary Heyser, RSHM

"Aida Palms will be a lasting asset to the City of Lakeland. This revitalization wouldn't be possible without financing partners like FCLF." – Mitchell Rosenstein, Principal, Green Mills Group

Aida Palms

“FCLF addresses local community needs, which aligns with our core values. We appreciate your commitment to our communities.” – Mellissa Slover-Athey, Comm Reinv Ofcr

CenterState Bank

"We appreciate the accomplishments your organization attains." - Robert Sucher, Executive VP

Sabadell United Bank

"FCLF shows a clear strategy and demonstrated evidence of addressing prevalent community needs." – J. Reymundo Ocañas, Director, Corp Responsibility

BBVA Compass

“Expanding our facility with NMTC financing provides the Overtown community resources necessary to provide a fighting chance to break down barriers and break the cycles of poverty.” – Tina Brown, CEO

Overtown Youth Center

"FCLF plays a significant role in sustaining vibrant and thriving communities. We are pleased to support your ongoing community based efforts." – Ernie Diaz, South Florida Market President

TD Charitable Foundation

Core Purpose FCLF exists to maximize opportunities for people and places outside of the economic mainstream.
Our Vision Opportunity and dignity exist for every person and community in Florida.
Our Mission Our expertise and capital make projects successful and help organizations improve lives and communities.