Service Credit Union, headquartered in Portsmouth, NH, is partnering with the Department of Veteran’s Affairs for Special Adapted Housing (SAH) grant funds for disabled veterans or military service members.
The SAH grant is offered to eligible veterans or military service members who need special facilities due to their disabilities. The funds can be used to purchase land, construct a new home or renovate an existing home to accommodate the disability.
The purpose of the grant is to provide financial assistance in obtaining housing adapted for special needs. The current or most recent VA Rating Decision issued by the Veterans Service Center of jurisdiction establishes the veteran’s or military service member’s basic eligibility for a Specially Adapted Housing Grant. The Department of Veteran’s Affairs office approves the grants for applicant.
“Service Credit Union is proud to be able to help veterans and military service members who were disabled during their military service. They have sacrificed so much and have earned this benefit,” said Gordon Simmons, president/CEO of Service Credit Union. “This grant will help them live more independently in a barrier-free environment. The VA sought us out after they expanded the program to overseas veterans and needed a financial partner to facilitate the escrow in the overseas environment. This was a perfect fit for what Service Credit Union is all about.”
As a provider of escrow services, Service Credit Union will help facilitate the disbursement of SAH grant funds. The grants are available at any point during veteran’s or military service member’s lifetime and can be used anywhere in the United States and outside the continental United States. The process can be started anywhere. This is a benefit that is provided to veterans or military service members who have a service-connected disability due to military service, including the loss of lower extremities or a burn injury.
Upon approval, grant funds will be obtained and sent to Service Credit Union as the escrow agent. After the escrow agreement is signed, construction can be started. Service Credit Union manages the funds as needed for the remodel or construction needs of the disabled veteran or military service member.