A similar facility in Cork City with six bedrooms is being considered, leading to the availability of sixty single bedrooms for homeless veterans countrywide.
The Organisation of National Ex-Service Personnel, known as ONE, has worked closely with the Office of Public Works over the past year to secure a long-term lease on a former social welfare office in Cobh.
The new development at 8 Harbour Row in the town will provide a safe and secure five en-suite bedroom hostel alongside a veteran support centre.
The organisation says at least three members of the Defence Forces die while sleeping rough and ONE aims to help many of those suffering from depression, disabilities and PTSD which quite often lead to a breakdown in relationships and family ties.