06/01/2013

CSH in the News - May

Nonprofit Quarterly, May 6 
Nonprofit Roots of the "Innovation in American Government" Winners
This year’s Innovation in American Government awards have been announced by the Harvard Kennedy School’s Ash Center for Democratic Governance and Innovation. The innovation awards show the importance of the nonprofit sector. It takes a quick glance to see how many of the government innovations in the list are built on partnerships with nonprofit sector entities. For example, New York City’s Homebase program for early intervention and “rapid rehousing” to prevent homelessness is built on a model of partnership with Catholic Charities of Brooklyn and Queens, CAMBA, and Palladia; these are community-based nonprofits without whom the city’s program would not function. In fact, Homebase sounds entirely consistent with the Housing First model of homelessness services that was developed by such entities as the Corporation for Supportive Housing and the National Alliance to End Homelessness.

San Jose Inside, May 7
Rules to Discuss Legislation Targeting Chronic Homeless
Of San Jose’s 5,000 or so homeless residents, nearly 30 percent are chronically on the streets, according to city housing officials. Most of the chronically homeless suffer from mental illness, physical disability, addiction or some combination of the three. California spends half its Medi-Cal funds on only 4 percent of beneficiaries, according to the Corporation for Supportive Housing. That 4 percent needs intensive treatment for social, mental, medical and substance abuse problems, the severity often leaving these people incurable.

CoStar Group, May 8
Corp for Supportive Housing Leases 18,000 SF at 61 Broadway
The Corporation for Supportive Housing (CSH) signed a ten-year lease for 17,885 square at 61 Broadway in New York City. The tenant will take occupancy of almost the entire 23rd floor of the building.

New Haven Register, May 22
Gov. Malloy in New Haven to Announce $13.9 million in Grants for Connecticut Supportive Housing Development Fund
Governor Dannel P. Malloy today joined Department of Housing Commissioner Evonne Klein, Mayor John DeStefano Jr., and state and local officials, to announce $13.8 million in grants to fund 11 affordable housing and neighborhood revitalization programs throughout the state.  The projects represent partnerships between state and local government as well as nonprofit groups, and will leverage private and federal funds to rehabilitate blighted housing, construct new units, and make improvements to existing properties.  The Corporation for Supportive Housing will receive $1.3 million to capitalize the Connecticut Supportive Housing Development Fund, which will provide gap financing for eight projects yielding 80-90 supportive housing units.  The program will have two distinct components: an initiative to induce larger-scale developers to include new supportive housing, and direct development assistance to new supportive housing developments.

Planet S, May 31
Hoping the Best for Saskatoon's Latest Homeless Strategy
Thanks to the efforts of a long list of community organizations and advocates, Saskatoon’s first Plan to End Homelessness will be ready soon. The only question is: will embracing the “housing first” strategy that’s trending across North America be enough to eradicate homelessness in Saskatoon? This month, the Saskatoon and Area United Way (UW) contracted Portland-based consultants from the Corporation for Supportive Housing (CSH) to host a charrette. The two-day planning and consultation process involved representatives from community organizations, affordable housing developers, community shelters, government and people who have experienced homelessness in Saskatoon.

Commercial Observer, May 31
Nonprofit Group CSH Inks 15,293-Square-Foot Deal at Sizzling 61 Broadway
The nonprofit Corporation for Supportive Housing signed a 10-year, 15,293-square-foot lease at 61 Broadway in a relocation and consolidation from 50 Broadway, The Commercial Observer has learned. David Carlos of Studley represented the tenant in the transaction. The landlord, Broad Street Development, was represented in-house by David Israni and Ramona Huegel. Asking rents are in the high $30s-per-square-foot

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