Mat-Su Health Foundation 06

Valley Residential Services

Date Awarded: May 2011

Amount:
$ 200,000
Focus Area:
Other
Funding Program:
Healthy Impact
Grantee Website:
www.valleyres.org

PURPOSE: Valley Residential Services (VRS) is seeking supplemental operating funds to make the organization sustainable over the long term. The funds we are requesting will contribute to the maintenance, management, and financial services that are necessary to operate our properties effectively. Our specific goals are to improve our response time to maintenance issues, processing applications, and addressing compliance matters. Currently our staff consists of eleven employees (nine full-time and two part-time) for a portfolio of 156 units. We have a very lean operation with four employees in administration, three in property management, three in maintenance, and one Property Services Coordinator. This is a very low ratio of employees to properties in comparison to other similar agencies in the state.

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