Housing Grants available for Veterans

By
Real Estate Agent with RE/MAX Properties, Inc., ABR, GRI, SRES

 

Many Veterans are not aware of the Specially Adapted Housing (SAH) and Special Housing Adaptation (SHA) grants that are available. The grants provide disabled Veterans with the opportunity to make necessary adaptations to their home in order to meet their needs. Veterans are allowed to use only one of the grants, SAH or SHA.

Veterans who have lost/lost use of both their lower or upper extremities qualify for the Specially Adapted Housing Grant. The grant can be used up to three times by the Veteran and there is no time limit in which the grant has to be used. The grant maximum is $60,000 and can be used to adapt their present home, to build a home that meets their needs, or to reduce their mortgage principal. Additionally, a temporary grant may also be available for those temporarily residing in the home of a family member. Veterans must apply for the grant and can visit the VA office for information. Please refer to the official Department of Veterans Affairs website for more information about the SAH grant.

 

The Special Housing Adaptation grant is available to Veterans who have blindness in both of their eyes or loss of use in both hands. This grant can also be used up to three times and has no time limit to be used by. The grant maximum is $12,000 and can be used to adapt their present home, to build a home that meets their needs, or to reduce their mortgage principal. Veterans must apply for the grant and can visit the VA office for information. Please refer to the official Department of Veterans Affairs website for more information about the SHA grant.



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For information on the buying process and available Colorado Springs Housing please go to www.patricia-beck.com.

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Comments (7)

Ruth Vogt
Fairway Independent Mortgage, LLS. Equal Housing Opportunity. Regulated by the Division of Real Estate. - Colorado Springs, CO
719-592-0855 Apply 24/7 www.ColoradoHomeLender.com

Another GREAT blog, especially for the are you are in! Have a Merry Christmas and maybe we can get together again after the 1st of the year for another cup of coffee!

Dec 24, 2009 06:31 AM
Tim Duvall
Area Manager at Guaranteed Rate, Inc - Colorado Springs, CO

Very cool info Patricia, I was not even aware of these grants, so thank you for sharing this info!  I hope that you and your family had a Merry Christmas and I'll see you tomorrow morning at the Raney closing!

Dec 29, 2009 06:12 AM
Dave Slater
Academy Mortgage - Briargate - Colorado Springs, CO

Awesome info, I did not know those were available, AR is so great!!

Dec 29, 2009 08:56 AM
Patricia Beck
RE/MAX Properties, Inc., ABR, GRI, SRES - Colorado Springs, CO
Colorado Springs Realty

Tim and Dave- I learned about them in a VA class...it was really interesting!

Dec 30, 2009 07:45 AM
Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
800-309-3414 - Pensacola, Pace or Gulf Breeze, Fl.

I have heard about them but thanks to you Patricia I know a lot more. Very good post and the links are a good resource for me since I do a lot of business with the veterans and military as a whole here.

Jan 24, 2010 12:01 AM
Marchel Peterson
Results Realty - Spring, TX
Spring TX Real Estate E-Pro

Patricia, I was not familiar with these loans but now I am.  You never know when they might come in handy!

Jan 24, 2010 11:25 AM
Debi Boucher
Real Estate Showcase Photography - Woodland Park, CO
"Realtor Showcase" - Real Estate Photography/Virtual Tours

I did not know about this either - I hope the Vets are more educated about this than I am!

Debi

Jan 27, 2010 03:11 PM

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