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Midwest Housing Equity Group, Inc.
Victory Place – Grand Island, Nebraska

MHEG was honored to partner with the Pioneer Group, Inc. to develop Victory Place, a new construction development to provide permanent supportive housing for homeless, senior and at-risk U.S. veterans and their families in Grand Island, Nebraska. Located on the Grand Island VA Medical Center campus, this development offers 20 one-bedroom units and six two-bedroom units. The building will also include case management offices, a common area and meetings rooms, as well as a laundry facility. Victory Place has a 55-year ground lease with the U.S. Department of Veteran Affairs, with the opportunity to extend it an additional 20 years.

Pioneer Group, Inc. has been redeveloping neighborhoods since 1997 and are based out of Topeka, Kansas.

MHEG’s Community Fund 45, LP provided $4 million in equity.