Las Cruces – Las Cruces Mayor Ken Miyagishima is encouraging veterans and active duty service members who have been disabled in the line of duty since September 11, 2001, to take advantage of the Housing Assistance for Veterans (HAVEN) Program offered by the Federal Home Loan Bank of Dallas.
Grant recipients must have received a Purple Heart or higher award and qualify as physically disabled by the Veteran's Administration, a branch of the U.S. military, the federal government or another acceptable source. The program is designed to support home modifications made necessary as a result of the occupant's disability.
"I have always supported members of our armed forces, especially those wounded while serving our country. Participating in this program is an excellent way for qualifying disabled veterans to make their residences more accessible and comfortable," Mayor Ken Miyagishima said.
The Federal Home Loan Bank of Dallas will grant up to $5,000 toward the modification of the property. If the member or another lender contributes at least $350 toward financial or other concessions in connection with the modification, the bank will grant up to $7,500 toward the modification. "Financial or other concessions" refers to payment by the member or another lender of modification costs, or waiver or reduction of points or closing costs in conjunction with any loan for the home modification.
HAVEN funds are disbursed on a first-come, first-served basis, and will be available until the funds are depleted.