WASHINGTON, D.C. – November 12, 2013 – (RealEstateRama) — Congressman Jim Langevin (D-RI) honored veterans as he announced the introduction of the Veterans Homebuyer Accessibility Act, legislation that would make it easier for veterans to purchase homes and for disabled veterans to make adaptive modifications to their homes.
Congressman Jim Langevin in
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Congressman Jim Langevin in
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“The transition from military life overseas back to the United States is a challenging time for our veterans. We should be doing everything in our power to make that assimilation easier, including supporting veterans as they set roots in their communities,” said Langevin. “They have done so much for our country, protecting our lives and our freedoms, and we must return the favor. All veterans deserve safe, affordable and accessible housing.”
The Veterans Homebuyer Accessibility Act would provide a tax credit of up to $8,000 for specially adaptive housing improvements and a first-time homebuyer tax credit of up to $8,000 to eligible veterans through 2016. The bipartisan legislation is cosponsored by Congressman Paul Cook (R-CA) and Congressman Alcee Hastings (D-FL), and is endorsed by the American Legion, the Vietnam Veterans of America, the Paralyzed Veterans of America and the Association of the United States Navy.
Erik B. Wallin, executive director of Operation Stand Down Rhode Island, a non-profit that focuses on ending homelessness for local veterans, commented, “our warfighters face many challenges in transitioning back to civilian life. Those challenges are even more profound when these heroes have suffered a disabling injury. Our grateful nation should do all it can to assist these brave men and women in purchasing safe and adapted housing.”
“I am so proud to introduce this legislation, which represents one piece of the puzzle in our nation’s ongoing commitment to those in the armed services,” Langevin continued. “It is especially exciting to announce this effort on Veterans Day, a time when all Rhode Islanders and Americans can come together to reflect on the service and sacrifice of our men and women in uniform.”
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