This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

U.S. Bank Partners With Yarco And Catholic Charities To Support Military Veterans In Kansas City, MO

U.S. Bank is providing more than $17.7 million in financing to help Kansas City, MO-based Yarco Companies and Catholic Charities of Kansas City – St. Joseph, Inc. construct the first phase of St. Michael’s Veterans Center. Designed to become a comprehensive housing and support services campus for military veterans with special needs, the first phase of development will bring 58 one-bedroom affordable housing units to Kansas City by May 2014.

“Imagine serving your country overseas, only to return to no job and no place to live,” said Lynn Craghead, senior vice president of Low-Income Housing Tax Credit investments for U.S. Bancorp Community Development Corporation, the community development subsidiary of U.S. Bank that partnered on financing. “Unfortunately, this situation is the reality for many returning Americans. St. Michael’s Veterans Center is designed to respond to veterans’ unique needs and empower them to successfully reintegrate within their family and their community.”

Located on a 22-acre campus in close proximity to the Kansas City Veterans Affairs Medical Center, St. Michael’s Veterans Center will be built in three phases and will eventually include 180 affordable rental units, a support services center offering counseling, job training, and medical and case management resources, an honor garden, and a recreational building.

“Approximately 95,000 veterans call the Kansas City area home,” said Deacon Dan Powers, CEO of Catholic Charities. “In 2010, about 20,000 of those were living with a disability, more than 6,000 were at or below the poverty level, and nearly 30,000 were unemployed or not participating in the labor force. A holistic approach to reentry like St. Michael’s, which couples housing and necessary support services, maximizes opportunities for veterans to recover a stable, healthy lifestyle.”

As the anchor of the campus, permanent housing will provide long-term, safe affordable residences to veterans, those who are homeless, or live with disabilities. The residential units will promotes self-reliance in a fully sustainable setting.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,812.19 +19.51 0.11%
S&P 500 2,089.14 +2.55 0.12%
NASDAQ 5,102.8080 +0.33 0.01%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs