Where Does $100 to Homes For Our Troops Go (2024)?
Homes For Our Troops provide a much needed product (build and donate custom homes outfitted for disabilities) and a service (a pro-bono financial planner for three years to assist in financial planning and household budgeting, along with homeownership education and warranty coverage to ensure that the Veteran is set up for long-term success as a homeowner). Although the veteran pays no mortgage, Homes For Our Troops places a 10-year lien on the home to protect the veteran from losing the home due to a home equity loan foreclosure and safeguards donor contributions to the program. In addition, it provides a period of time for the family to become more financially stable. Beginning in year 6, the veteran accrues 20% equity per year until year 10. After 10 years in the home, the veteran owns the home. Read more 
