Gold Star family home & housing resources
Return to Loved Ones of the Fallen Resource Directory - LINK
Scroll down to learn more about these resources:
Homes & housing
Home loan benefit
Homeowners assistance program
Homes 4 Gold Stars (Military Warriors Support Foundation)
Homes4GoldStars - Military Warriors Support Foundation is proud to award 100% mortgage free homes to Gold Star spouses who’s loved one made the ultimate sacrifice for our country. In addition to the home, recipient families will receive 3 years of family and financial mentoring.
Operation Finally Home
Operation Finally Home builds mortgage free homes for America's war wounded and the widows of the fallen.
Operation Finally Home is an award winning program created by Bay Area Builders Association Support Our Troops. Operation Finally Home was established in 2005 as a non-partisan/non-profit organization. Operation Finally Home’s mission is to provide custom made mortgage free homes to wounded and disabled veterans and the widows of the fallen in an effort to get their lives back on track and become productive members of their communities. Operation Finally Home partners with corporate sponsors, builder associations, builders, developers, individual contributors, and volunteers to help severely wounded heroes and their families’ transition from the battlefront to the home front and help them succeed in their challenging new world so they may ultimately enjoy a productive and rewarding life.
Home Loan Benefit
Fannie Mae Military Forbearance Option
If you’re facing a financial hardship due to a death or injury of a service member on active duty, you may be eligible for a special military forbearance option. A forbearance is an agreement between you and your mortgage company to temporarily suspend or reduce your monthly mortgage payments for a specific period (usually between 90-180 days) of time. This option lets you deal with your short-term financial problems by giving you time to get back on your feet and bring your mortgage current.
With a military forbearance, you may qualify for additional benefits such as a longer forbearance period—up to 6 months—and no adverse impact to your credit score (all credit reporting related to your mortgage loan will be suspended during the forbearance period). Additionally, a special hotline has been set up for additional guidance about this option and other mortgage assistance programs—877-MIL-4566.
Homeowners Assistance Program
The Department of Defense (DOD) is proud to offer the Homeowners Assistance Program (HAP) to eligible service members and federal civilian, including non-appropriated fund, employees. The program is authorized by law, and administered by the US Army Corps of Engineers (USACE) to assist eligible homeowners who face financial loss when selling their primary residence homes in areas where real estate values have declined because of a base closure or realignment announcement.
The American Recovery and Reinvestment Act of 2009 (ARRA) temporarily expands the HAP to assist service members and DOD employees who are wounded, injured or become ill when deployed, surviving spouses of service members or DOD employees killed or died of wounds while deployed, service member and civilian employees assigned to BRAC 05 organizations, and service members required to permanently relocate during the home mortgage crisis.