Quantico, Stafford & Fredericksburg, Virginia Real Estate
Licensed in the Commonwealth of Virgina

DoD HAP Program


     The President of the United States (POTUS) recently signed the American Recovery and Reinvestment Act of 2009 which contains funding of $555 million, and authorizes expansion of HAP to three homeowner groups: 
  • BRAC05 (Base Realignment and Closure 05) for service members and civilian employees – temporary program expansion removes requirement for proof of the causal relationship between the BRAC announcement and the real estate market decline.  Expanded BRAC HAP benefits have a sunset clause of 2012, or earlier if designated by the Secretary.
  • Warriors in Transition for (30% or greater DoD disability rating) and surviving spouses of fallen warriors.  This is a permanent program expansion.
  • Service members under a military-directed permanent change of station during the downturn of the housing market.  Expanded PCS HAP benefits have a sunset clause of 2012, or earlier if designated by the Secretary.

      EXCLUSION FROM GROSS INCOME OF QUALIFIED MILITARY BASE REALIGNMENT AND CLOSURE FRINGE:

                     (a) In General - Subsection (n) of section 132 of the Internal Revenue Code of 1986 is amended--

                      (1) in subparagraph (1) by striking ‘this subsection) to offset the adverse effects on housing values as a result of a military base realignment or closure’ and inserting ‘the American Recovery and Reinvestment Tax Act of 2009)’, and

                            (2) in subparagraph (2) by striking ‘clause (1) of’.

                     (b) Effective Date - The amendments made by this act shall apply to payments made after February 17, 2009.

     Register Below to learn more.  COMMENTS Block:  Include Property Address, please.

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John E. Brady Realtor® & Notary