TWO FORECLOSED AND DILAPIDATED HOMES GONE; NOW, ONE NEW BUILDING PROVIDES A HOME TO 12 FORMERLY HOMELESS INDIVIDUALS AND THEIR FAMILIES

FOR IMMEDIATE RELEASE

December 8, 2011

For more information, contact: Michele Talwani – 603.254.7841

PHOTO CAPTION: NEW HOUSING FOR THE FORMERLY HOMELESS – Developers and supporters of Families in Transition’s Belmont Housing celebrated the property’s open house event in Manchester, NH: (L. to R. front row, then back row) Ashley Pratte, Office of Congressman Frank Guinta; Chris Davies, Great Bridge Properties; Kevin Flynn, Community Development and Finance Authority; Maureen Beauregard, President, Families in Transition; Pauline Ikawa, Chairperson, Housing BeneFITs; Ken Heath, New Hampshire Housing Finance Authority; Matt Leahy, Office of U.S. Senator Jeanne Shaheen; Ken Viserello, Sheehan Phinney Bass + Green, P.A.; Bill Caselden, Great Bridge Properties; Ben Frost, New Hampshire Housing Finance Authority; and NH Executive Councilor Raymond Wieczorek.

Families in Transition and Housing BeneFITs Unveil Their Newest Housing Development

MANCHESTER, NH – Families in Transition (FIT), a Manchester- and Concord-based homeless services provider, and Housing BeneFITs, a nonprofit started by FIT to improve the supply and quality of affordable housing in New Hampshire, hosted an open house on December 8, to celebrate the opening of their newest housing development on the corner of Belmont and Valley Streets. The Belmont Street Housing Program provides 12 units of permanent supportive housing and services for formerly homeless individuals with disabilities and their families.

Construction of the project began in 2010 after FIT received a $2.3 million grant from the U.S. Department of Housing and Urban Development’s Neighborhood Stabilization Program (NSP) through the Community Development Finance Authority. NSP is designed to take foreclosed properties and renovate or rebuild them to bolster struggling neighborhoods throughout the country. In addition to receiving the NSP grant, FIT was awarded $433,000 from the New Hampshire Housing Finance Authority. The housing development was completed recently and has reached full occupancy.

“We’re honored to receive the financial support to help us create more homes for the homeless,” said FIT Founder and President, Maureen Beauregard. “We are delighted to share this special day and showcase our facility with members of our community.”

The open house entailed a short program with remarks by dignitaries, funders and participants, as well as facility tours.

Families in Transition is a nonprofit organization that provides safe, affordable housing and comprehensive social services to individuals and families who are homeless or at risk of becoming homeless, enabling them to gain self-sufficiency and respect. In 2009, FIT established Housing BeneFITs, an independent nonprofit and Community Based Housing Organization to improve the life for low- and moderate-income residents by increasing the supply and quality of affordable housing in New Hampshire. Additionally, FIT also owns and operates two thrift stores in Manchester and Concord, NH, and a new commercial cleaning company, which serve as economic engines to help pay for services they provide. For more information about FIT, Housing BeneFITs and the stores, visit www.fitnh.org or call 603-641-9441.

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