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Operation Homefront, the national nonprofit whose mission is to build strong, stable, and secure military families, presented U.S. Army Specialist Arlacee Luu and her husband Army veteran Thien Luu with the keys to a newly renovated mortgage-free home, donated by JPMorgan Chase & Co, at the first annual Veterans Association of Real Estate Professionals (VAREP) National Convention.
Arlacee and her family were accepted into Operation Homefront’s Homes on the Homefront (HOTH) program where they will move into the home, work with financial counselors and caseworkers to build their savings, reduce debt, learn home ownership skills and develop a customized community reintegration plan, that will help provide them with long-term stability.
“It’s definitely a huge blessing for my family,” said Luu. “Our child has special needs and instead of focusing on where we are going to live, and whether we have to move – our time will allow us to focus on his needs and to continue our education. This house will give us the freedom to do this and we are very thankful for this opportunity.”
Thanks to JPMorgan Chase and Operation Homefront, Arlacee and Thien will enter the Homes on the Homefront program in Albuquerque, New Mexico, near family and a great support system. This home will allow Arlacee, who is in the Army Reserves, and Thien, who suffered a traumatic brain injury from a combat injury while deployed to Iraq, to grow as a family with their one-year old son.
“At Chase, we want to recognize and support the men, women, and families who have sacrificed so much to protect our country,” said Scott Lewis, senior lending manager for JPMorgan Chase in Arizona. “We are committed to helping service members and their families as they transition to civilian life.”
“We are very proud and honored to present Army Specialist Arlacee Luu with a mortgage-free home and who will enter the Homes on the Homefront program in Albuquerque, New Mexico,” said Brig. Gen. (ret.) Robert Thomas, chief operating officer of Operation Homefront. “We thank JPMorgan Chase for their continued commitment these past seven years to Operation Homefront and for their support of this very special family.
Upon successful completion of the HOTH program, the Luus will graduate and receive the deed to their home. Since 2012, over 500 families have graduated from the program and have been deeded a new mortgage-free home. Operation Homefront has provided $75 million dollars in associated home equity to military families since inception. The homes are donated by generous partners, including JPMorgan Chase & Co. and other major financial services companies and home builders.
For more information, or to apply online visit OperationHomefront.org.
JPMorgan Chase’s commitment to service members and veterans:
JPMorgan Chase, a leading global financial services firm with assets of $2.6 trillion and operations worldwide, has supported our veterans since before World War I. The Office of Military and Veterans Affairs (MVA), started in 2011, has hired more than 13,000 veterans and facilitated more than 450,000 veteran hires through the Veteran Jobs Mission coalition; awarded nearly 1,000 mortgage-free homes to military families in need; helped 7,700 veterans and military spouses complete 10,500 career certifications through Veterans Career Transition Program at the Institute for Veterans and Military Families, which was co-founded and is supported by JPMorgan Chase and Syracuse University.
Learn more at: www.jpmorganchase.com/veterans.
About Veterans Association of Real Estate Professionals (VAREP):
Established in 2011, the USA Homeownership Foundation, Inc. DBA Veterans Association of Real Estate Professionals (VAREP), is a non-profit 501(c)(3) and HUD-approved housing counseling organization dedicated to increasing sustainable homeownership, financial-literacy education, VA loan awareness, and economic opportunity for the active-military and veteran communities.
For more information, visit www.varep.net.