Thursday, March 1, 2012

Operation Homefront and Chase have partnered to give away 100 homes this year to military and veteran families


http://www.operationhomefront.net/homesonthehomefront/highlights.aspx?id=17716


Operation Homefront and Chase have partnered to give away 100 homes this year to military and veteran families through a new program called Homes on the Homefront. The bank is providing the homes and other support to enable Operation Homefront to administer the program.

"This program gives any vet who has honorably served his or her country, the chance to realize every American's dream…to own a home," said Amy Palmer, Chief Operating Officer for Operation Homefront.

Some of the requirements that applicants must meet include: 1) be active duty, Guard or Reserve, or have been honorably discharged, 2) not currently own a home, 3) be financially capable of sustaining the home throughout an initial transition period and beyond. Operation Homefront will provide ongoing transitional services to the families until such time the properties are actually deeded to the recipients.

The program's first priority will be to place families who currently live at an Operation Homefront Village, which provides transitional housing for Wounded Warrior families. Other Wounded Warriors, surviving single spouses of those killed-in-action, and post-9/11 disabled veterans will also receive priority consideration under the program. Any veteran of any era, regardless of wounded or disability status, will be eligible to apply.

Operation Homefront and Chase will match homes in the bank's inventory with deserving families served by the nonprofit.

 

Moving Our Heroes Home 

Operation Homefront has created the Homes on the Homefront program through a new partnership with Chase Bank.  Part of the American dream always has been owning a home.  After helping to secure the freedoms all Americans enjoy, we want to help our warriors and their families realize their own American dreams. 

The Process  

1.        Military families and veterans can apply for a home through the Homes on the Homefront programs.
 

2.       Once a home become available, you will be notified via email.
 

3.       You will have 10 business days from the date the notice is sent to determine if you want to apply further for a particular home. If you further wish to be considered for a particular home mentioned in an email you receive, you will need to indicate that by following the instructions outlined in the email.
 

4.       A client services representative will be assigned to each available home and will review all applications for each home. The client services representative will then submit the qualified applicants to a housing committee who will select the applicant that will be the recipient of the home. Selection is made on a case-by-case basis and includes such factors as: financial need, connection to the local community where the home is available, injury status, family size, etc.

Once selected for a home, the family will reside in the property as a tenant of Operation Homefront for a period between one and two years. During this time, families will be required to pay any actual costs of property taxes, insurance, and homeowner's association fees. A customized transition plan will be developed in conjunction with each family.  Families also will have routine inspections of the home, participate in financial counseling and any other activity required by their assigned client services representative. Families will be required to save enough funds to ensure they can maintain the property long-term. Once the requirements of the transition plan have been fully satisfied and the family is able to maintain and sustain the costs of the home, the property will be deeded to the family.

 

If you have any questions about this program before you apply, please contact us at 210-659-7756.

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