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Affordable Housing Program Success Stories

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The wait for women seeking alcohol and drug addiction recovery program services is a little shorter thanks to the help of United Bank and project sponsor Rea of Hope, Inc., a Charleston, W.Va.-based women’s drug and alcohol addiction recovery facility. The facility has maintained a waiting list since 2007. With the recent opening of two rehabbed homes last summer – Rea of Hope II – the recovery program can help a few more women in need sooner.

FHLBank Pittsburgh member United Bank provided $250,000 in Affordable Housing Program (AHP) funds to help meet total development costs of $491,950. Other funding partners include West Virginia Affordable Housing Trust Fund, West Virginia Housing Development Fund, Hilliard Lyons, BB&T - Carson Insurance Agency, Capitol Resource Agency and the West Virginia Department of Health & Human Services Division on Alcoholism and Drug Abuse.

Marie Beaver, executive director of Rea of Hope, Inc., said, “The $250,000 AHP funding from United Bank was instrumental in allowing Rea of Hope to complete the project. The funds were used for acquiring and rehabbing the two properties. We were able to install new HVAC systems, kitchens, roofs and baths, making these houses dream homes for many.”

Located next door to Rea of Hope New Life Apartments – another AHP funded project – the 204 Beauregard Street property includes four units for women in recovery. The 206 Beauregard Street facility will provide two apartments for graduates of the recovery program, allowing them to be reunited with their children and to serve as role models for new residents in the program.

The recovery program is structured to encourage personal growth and responsibility. Residents must agree to a six-month commitment and are required to work, attend school and volunteer in the community, with a goal of establishing themselves as responsible members of the community.

One successful graduate with a family said, “Last winter, my 11-year old daughter came to live with me at New Life Apartments, and soon after that, my 16-year old son joined us. Last summer, we moved into the new apartments at 206 Beauregard Street and let me tell you, it is the nicest home that we have ever lived in. My children have thrived in our new home.”

The graduate continued, “By coming to Rea of Hope and moving into New Life Apartments, my children have a really good chance of not making the same mistakes I did; the cycle has been broken. For the first time ever, we have a stable home life; we are safe and thriving in life. There are not enough words to express my gratitude for all the supporters who make Rea of Hope possible for people like me.”

To date, members of FHLBank Pittsburgh have shared more than $171 million in AHP funds and helped build 26,000 units of housing within the communities they serve, making these communities better places to live, do business, save, borrow and invest.

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