Last Train to Clarksville

Homeowner Relief For Military Personnel

The Senate has added an adminstrative provision to the Economic bill (S. 336) that would relieve military homeowners on PCS orders, according to Military.com.

Send a letter to your public officials. Let your voice be heard!

The Senate has added an administrative provision to the Economic Stimulus bill (S. 336) that would relieve military homeowners on PCS orders who are bottom up on their mortgages or otherwise suffer a significant loss on the sale of their homes. The Homeowners Assistance Fund is a temporary expansion of Homeowners Assistance Plan to respond to mortgage foreclosure and credit crisis. The bill would temporarily extend coverage to these groups under the Homeowners Assistance Program (HAP), which normally only applies to members whose home values are depressed by base realignments and closures. This provision in the Senate Appropriations Committee version would add over $400 million to help military homeowners trapped in the housing market crisis, including wounded warriors, surviving spouses, those affected by base realignments and closures, and those forced to move on PCS orders. The provision would cover servicemembers and federal civilian employees in these categories who purchased a primary residence before July 1, 2006 and who receive PCS orders or suffered a wound, injury, or illness while deployed between that date and September 30, 2012.

How do you feel about this action? Let your public officials know how you feel!

I just took action and sent the house and senate my letter to recommend it. I see a lot of our military in Clarksville having to go in the hole to sell their home.

1. Mike Sheets said at March 14th, 2009 at 6:49 pm

   I am active duty AF and stationed at Buckley AFB in Denver. In June/July 2006 time frame my wife and I decided to enter the housing market and started the paperwork to have a house built here in Denver for about 200K. It was completed in Nov 2006 and we closed and moved in. Why is the date for the military relief only for people that owned their houme before 1July2006. It shouldn’t matter!!!!!!

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