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Highlighting Housing Resources for Veterans
Texas is home to over 1.4 million veterans, and with Veterans Day coming up next week, we wanted to spotlight a few programs and services that help current and former members of our armed forces to live comfortably in the communities they worked to protect.
TSAHC’S Tools for Veteran Homeownership
We’re committed to helping Texas veterans turn the dream of homeownership into a reality. Through our Homes for Texas Heroes program, eligible veterans can access valuable home buyer assistance, including down payment assistance (DPA) of up to 5% of their mortgage loan amount to help make buying a home more affordable.
Not to mention, veterans who combine TSAHC’s down payment assistance with a Mortgage Credit Certificate (MCC) can receive their MCC at no cost (a $400 savings)!
An MCC provides homeowners with an annual federal income tax credit that can reduce the amount of federal income tax you owe each year. Over the life of your mortgage loan, those savings can add up to thousands of dollars, helping make homeownership more affordable for Texas veterans.
Other Home Buying Resources for Veterans
- U.S. Department of Veterans Affairs: provides a home loan guaranty benefit to help Veterans buy, build, repair, retain, or adapt a home to suit their occupancy needs. Although VA loans require zero down payment, they can also be paired with other programs such as TSAHC’s Homes for Texas Heroes program.
- Texas Veteran’s Land Board: provides low-interest land, home, and home improvement loans that require little or no down payment. The home loan program also offers an interest rate reduction to qualifying Veterans with a disability.
- Pen-Fed Foundation: periodically offers grants for down payments to Veterans who are first-time homebuyers.
- Some mortgage lenders offer additional home buying incentives and credits for Veterans. Be sure to ask if these are offered when searching for a lender.
Other Resources for Veterans
General Resources
- Texas Veterans Portal: The Texas Veterans Portal connects veterans, their families, and caregivers to the benefits and services earned through their military service. There are resources for health and wellness, education and training, disabilities and claims, among others.
- Texas Veterans Commission: The Texas Veterans Commission was created to assist Veterans and to serve as the state appointed advocate for Texas Veterans as they attempt to secure the benefits they earned in exchange for their service. Their programs include claims services, employment and education resources, an entrepreneurship program, a Veterans’ assistance fund, and more.
- TexVet: Funded by the Texas Health and Human Services Commission and the Texas A&M University Health Science Center, TexVet helps Veterans locate resources, services, and information near them. With resources for VA claims assistance, legal assistance, housing assistance, and more, TexVet is another great website to check out.
Employment Resources
- Texas Workforce Commission: connects returning Veterans with employment and training resources, as well as medical, benefits, and educational assistance.
- U.S. Department of Veterans Affairs Career Resources: resources for Veterans who are experiencing career challenges.
- HireHeroesUSA: provides personalized employment training and corporate engagement to create job opportunities for Veterans and their spouses.
Physical and Mental Health Care
- U.S. Department of Veterans Affairs Health Care: lists physical and mental health care resources for Veterans, including resources tailored to specific populations and health-related issues.
Legal Resources
- State Bar of Texas: supports pro bono legal clinics throughout Texas for military Veterans who cannot afford to access the legal services they need.
- U.S. Department of Veterans Affairs Office of General Counsel: list of legal assistance resources for Veterans.
- Texas Legal Services Center: provides free legal assistance via telephone to Texas Veterans, with an emphasis on serving disabled Veterans in rural areas of the state.
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