Colorado Springs Vintage Homes Blog
719.287.1049
6 Key things to know about the Homeowners Assistance Program for Military families
HAP program updates
Related Post: Housing relief for military families in Colorado Springs
I have a client I’m assisting with getting qualified for the HAP program and have already written one blog about this; but as new details continue to become available, I thought it would be a good idea to update my readers.
Military families stationed at Fort Carson, Peterson AFA, Schriever AFA, and the U.S. Air Force Academy 
and other military installations in the Colorado Springs area will be glad to learn they may now be eligible for relief for their housing challenges. The program is called the Homeowners Assistance Program (HAP), and is administered by the Army Corps of Engineers. For military personnel in Colorado Springs, the main contact is US Army Corps on Engineers in Fort Worth.
HAP Field Office, Fort Worth
U.S. Army Engineer District, Fort Worth
P.O. Box 17300
Ft. Worth, TX 76102-0300
817-886-1112
888-231-7751HAP
The official guidelines for the program are expecting to be released within the next 60-90 days and already the counselors for our area indicate they have many applications waiting.
According to the web site, here are some of the requirements:
1. Permanent reassignment requires move of more than 50 miles.
2. Reassignment ordered between 1 February 2006 and 31 December 2009.
3. Property purchased (or contract to purchase signed) before 1 July 2006.
4. Property sold by owner between 1 July 2006 and 1 May 2010.
5. Property was the primary residence of the owner.
6. Owner has not previously received these benefit payments.
In one of my recent conversations with the district office, homes in El Paso County must be worth less than 10% than they paid for it. As an example, if a seller paid $200,000 for a home; it must now be worth less than $180,000 to qualify.
It’s a wonderful program, just anxious to see the final details worked out. It could certainly help military personnel avoid the worst from this housing crisis and buy a home at their new destination assignment. That’s good for the housing market, and our economy.
If you enjoyed reading this article, why not Subscribe to be notified of the next one?
- Government and Military are #1 employers in El Paso County
- Relocate to an Award Winning City in the Colorado Rockies
- Relocating, it’s all about the schools
- High Altitude Tips
- Moving to Colorado Springs, check out Zip Skinny
Kathy (719-287-1049) KTorline@msn.com
