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In a typical year, approximately
20-24 homeless families with children complete Cornerstone's Transitional
Housing and Education Program, a 6 month program which provides
housing and educational opportunities targeted at breaking the cycle
of homelessness.
Many families move from
the Transitional Housing and Education Program (THEP) to our long
term rental housing, either through Cornerstone's Affordable Housing
Program or in one of the units dedicated to long term housing for
homeless families. At least four graduates of the program now own
homes purchased through Cornerstone.
Cornerstone's Affordable
Housing Program has an inventory of over 130 units of rental
housing. All of these houses and apartments are rent-restricted,
and available only to low income households earning less than 60%
of Area Median Income (AMI). Some units are further restricted to
50% of AMI, and a few are restricted to persons with disabilities,
whose income is below 30% of AMI. A recent survey indicated
that approximately 30% of Cornerstone's long-term tenants had been
homeless, and an equal number have someone in the household with
a significant disability.
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