A partnership between JPMorgan Chase and Operation Homefront, a non-profit organization, will result in homes for at least a hundred military families this year.
Families who are currently living at an Operation Homefront Village of transitional housing for the families of wounded warriors will be given priority for the “Homes on the Homefront” program. The same priority consideration will also be given to wounded warriors, surviving single spouses of service members killed in action, and post 9/11 disabled Veterans, although any Veteran, regardless of era, wounded, or disability status, is eligible.
Applicants for the program should be on active duty, in the National Guard or reserves, or was honorably discharged. In addition, they should not currently own a home, but is financially capable of sustaining one.
Eligible military families will be matched by Chase and Operation Homefront with homes that are in the inventory of the bank. Operation Homefront President and CEO Jim Knotts shared that the bank has homes all over the country. Last year, Chase announced a commitment to donate one thousand homes to service members and Veterans, over a period of five years.
In addition to helping military families receive homes of their own, Operation Homefront will also help families with the resources or services that they need, until the properties are deeded to them. The organization will also strive to raise funds, through donations from other companies, in order to fully furnish the homes.