|

|
 |
Specially Adapted Housing for Disabled Veterans
Published on AidPage by IDILOGIC on Jun 24, 2005
Possible uses and use restrictions...
a. The Specially Adapted Housing (SAH) program provides 50 percent of the cost to the veteran of the adapted house, land and allowable expenses, not to exceed a maximum grant of $48,000. The money may be used to help (1) construct a suitable home on suitable land either already owned or to be acquired by the veteran, or (2) remodel an existing home if it can be suitable adapted, or (3) reduce the outstanding mortgage on a suitably adapted home already owned by the veteran. In computing the amount of the grant, the costs may include incidental expenses such as connections to public facilities and customary fees for the services of an attorney, architect, loan closing, etc. There are restrictions on the use of a grant: If a loan is necessary to supplement the grant, monthly loan payments and the cost of maintaining the property must bear a proper relation to the veteran's present and anticipated income. The housing unit must be suitable for the veteran's special needs. The veteran must acquire acceptable title to the property. b. The Special Housing Adaptions (SHA) program provides the actual cost to the veteran of certain adaptions and/or equipment, not to exceed a maximum grant of $9,250. The home to be adapted must be owned by the veteran or by a member of the veteran's family, and the veteran must intend to contine residing there.
|
|  |

|