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Military Members Need Immediate Correction to American Recovery and Reinvestment Act

I am privileged to represent Major Jason M. Trew, a pilot with the United States Air Force, as a real estate client.  Major Trew is stationed at Eglin Air Force Base.  I have Major Trew's home listed for sale in Freeport Florida because he is being required to relocate by the Air Force to a new base.  Like many others in the military, his property value has declined to an amount lower than his mortgage balance. Major Trew is not a property flipper nor a speculator.  He earnestly relocated to the Emerald Coast of Florida for the military, as directed by the United States government, and invested in a home for his family in March 2007.   I am printing his letter to Congress, with his permission, of grave concern regarding the new American Recovery and Reinvestment Act of 2009, and its affect on our military by establishing an arbitrary cut-off date for aid to military members who purchased homes with values now below mortgage balances:
The Honorable Dave Obey
Chairman, Committee on Appropriations
Room H-218, The Capitol
Washington, D.C. 20515
Dear Mr. Chairman,
Section 1001 of the ‘‘American Recovery and Reinvestment Act of 2009'' includes a provision extending temporary homeowner assistance for members of the armed forces ... more

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