The Trust Small Project Grant Application


	The Trust Small Project Grant Application

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Project Description / Outcomes
	Brief Description of Project
	2-3 sentance description of the project. What are you going to do and how? (In this, and the sections below, you may cut and paste)
	Peer Properties, primarily with a Trust grant acquired and operates a 4 bedroom house for four beneficiaries diagnosed with serious mental illness who at the time they come to the house were homeless, at risk of homelessness, or in a bad (mainly unsafe) housing situation. While residents are pre-qualified to be able to pay the modest $300 per month per room needed to operate the house, Peer Properties has found that circumstances occur which result in the resident's inability to pay some or all of their rent. This request is to provide the difference between what such resident(s) pay and the $300 per month Peer Properties needs to keep the house open. At the current rate the $10,000 requested should last 4 or 5 years.
	Why is this Project Needed?
	Please explain the need for this project
	This house, known as "Terrace House," has been in operation for 3 years, but has been operating at a slight deficit. This grant will enable Terrace House to stay open.
	Direct / Indirect Benefits
	Please identify direct and indirect benefits to Trust beneficiaries and across-beneficiary groups
	This project provides housing for up to 4 beneficiary women at a time who are diagnosed with serious mental illness who were homeless, at risk of homelessness or living in a bad situation.
	Number of Beneficiaries to be Served
	Please detail how many Trust beneficiaries will benefit from this project
	4 beneficiaries are served at a time. There is no limit to the amount of time that a resident can stay at Terrace House, but on average 2 residents turn over each year.
	Organization Qualifications
	Please detail the qualifications of your organization to carry out this project
	Peer Properties, Inc., has been successfully operating this house for 3 years. There have been challenges, but that is the nature of the endeavor.
	Expected Outcomes
	What are you going to accomplish? The proposed deliverables detailed here will be used by Trust staff to evaluate the project
	Keep Terrace House open and thus provide housing to 4 beneficiaries at a time.
	Exit Strategy
	Please select the appropriate exit strategy.

	Exit Strategy Narrative
	If the exit strategy is not project completion, please detail the proposed exit strategy.
	It is hoped this will be a one-time infusion that will enable Terrace House to solve this problem. One way is to be more selective with residents based on their financial resources. The other is to find some other source of funding.
	Is this request designed to replace existing funds? If so, please explain how you will continue this project after Trust funds are spent. Remember Trust small project grants are one-time funding only.
	It is not designed to replace existing funds.