Veterans housing development awarded funds from Malden Affordable Housing Trust

Special to The Advocate

A 12-unit veterans housing development led by Volunteers of America of Massachusetts (VOAMASS) is gaining momentum following an award by the City of Malden’s Affordable Housing Trust Fund. The $400,000 award uses funds paid by developers through the City’s inclusionary zoning program. Construction on the project is expected to begin in 2026 subject to state funding, with new residents anticipated in late 2027 or early 2028.

“Malden residents take pride in caring for our vulnerable neighbors and giving back to our community. The sacrifices our veterans have made to uphold our democracy represents this value perfectly,” said Mayor Gary Christenson. “This project will deliver affordable, supportive housing for our veterans and is another step in ensuring Malden remains affordable for all. I’m grateful for the work Volunteers of America have put into this project and I look forward to continuing the City’s partnership with them for years to come.”

The development will rehabilitate the current structure to construct 12 studio rental units of veterans housing, 10 of which will be affordable. Of the project’s 10 affordable units, three will be restricted at 30% of the area median income (AMI); three will be restricted at 50% AMI; and four will be restricted at 80% AMI. VOAMASS will be offering supportive services and other care for residents as part of the proposed project. More info can be found at cityofmalden.org/105Salem.

“We are grateful for our partnership with the City of Malden and the support of its Affordable Housing Trust Fund that will enable this innovative project to become reality,” said VOAMASS President & CEO Charles E. Gagnon. “Our combined efforts will ensure that those who put their life on the line for our freedom have safe, decent, modern, and affordable housing in a central location served by public transit.”

VOAMASS has provided critical social services and has served vulnerable populations, particularly veterans, since its founding in 1934. They currently offer numerous supportive services; among them are veterans’ services and workforce development. They run and operate numerous residential properties across Massachusetts. This includes the Forestdale Park assisted-living facility in Malden and the Massachusetts Bay Veterans Center in Somerville.