You probably realize that our veterans face a lot of challenges when they retire from the line of duty. What you might not realize is, that as a property manager or landlord, you can help ease some of those challenges, particularly, respective of housing.
In September of 2012, The Department of Veterans Affairs first initiated their program called Supportive Services for Veteran Families, or SSVF. This program is specifically to help stabilize the housing of low income or homeless veterans and there are many agencies nationwide that participate.
In its inaugural run, the program received a full year of funding for 85 nonprofit organizations across the nation. This helped many veterans and their families to not only find employment, but also, to find stable homes. Though this program is rightfully geared towards helping our veterans, it does offer a number of benefits for property managers and landlords, as well.
It’s important to understand the services that the program offers veterans and which tenants you have that may qualify. The goal of Supportive Services for Veteran Families is to help by offering a 90 day case management plan which usually includes financial planning, temporary financial assistance if needed and housing counseling.
With our economy continuing to be a bit uncertain, it’s vital to understand where these supportive services can help. If you have veteran tenants who are struggling, making late rent payments, and falling behind, you may be able to point them in the right direction by becoming familiar with what the SSVF can provide to them. For landlords and property managers, this means avoiding the eviction process, but for these veterans, it means avoiding homelessness. These supportive services have meant a lot to many veterans and it does provide property owners with one more resource to help their tenants.
Eligibility requirements are typically the same across the board, though some agencies may have other guidelines, so, check with your local groups. In order to quality, usually participants must have a discharge status other than dishonorable and income guidelines vary by location. Some locations do require that a veteran have dependents while others do not, and there are a number of locations nationwide to help. If one of your tenants is a struggling veteran or if you are a veteran who needs help, you can find your local agency by visiting http://www.va.gov/homeless/ssvf.asp.
Image courtesy of Texas Veterans Commission