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CalVet REN Communities

 

A program where CalVet, together with affordable home builders, is bringing affordable home ownership to veterans who have low income. The CalVet REN (Residential Enriched Neighborhood) program utilizes the Enriched Neighborhood® model. This model provides permanent housing in a neighborhood context (12 homes or more) that focuses on moving low income families up into middle class through specifically designed services for veterans and their families. For a veteran to buy a home in a CalVet REN community, he/she must accomplish 2 things; (1) qualify for a CalVet Home Loan (approval is not based solely on FICO scores), and (2) Complete 500 Hours of sweat equity by both building his/her home and completing no-cost self-sufficiency training and courses.


       More than just Veteran Housing:
  • Homeownership
  • Meets low-income housing requirements
  • Wrap-around model creates self-sufficiency
  • Community development centered model
  • Honors our veterans
  • Utilizes resources already within your community
  • Environmental benefit vs. cost analysis
  • California green approved building materials
  • Creates property tax revenue
  • Facilitates reintegration and economic development
  • HOA Community
  • Measurable outcomes for city census

CalVet REN Communities: Filling the Housing Gap

City Avg. 4 Bedroom Home Value REN Sales Price
Avg. Rent for One Bedroom REN Avg. Mortgage + Taxes + Insurance
Sylmar $330,000.00 $266,000.00 $1,250.00 $1,138.00
Santa Clarita $360,000.00 $286,000.00 $1,704.00 $1,560.00

Sylmar
Completed
In Production
Jurupa Valley
Jurupa Valley
Coming Soon
Coming Soon

Contact Us

For general information or inquiries:

Toll Free: (855) 421-7979
Direct: (916) 503-8083
Email: CalVetREN@calvet.ca.gov
Office Hours: Monday-Friday, 8am-5pm

MyCalVet: Sign up today!

​​​​CalVet REN

Contact us to discuss a CalVet REN Community in your city!

(855) 421-7979

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Resources

 

Home Loans REN Home Page

CalVet REN Communities