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Chase Partners With Nonprofit to House Veterans

As many as 100 wounded veterans and service members may receive homes free of charge, thanks to a new partnership between the mortgage lending unit for ""JPMorgan Chase"":http://www.jpmorganchase.com/corporate/Home/home.htm and nonprofit ""Operation Homefront"":http://www.operationhomefront.net/default.aspx.


The financial institution will pair homes it currently owns with qualifying families the nonprofit serves, including active-duty, Guard or Reserve, and honorably discharged service members.


Any veteran from any era is eligible to apply, as are surviving single spouses of service members killed-in-action and post-9/11 disabled veterans.

""This is an incredible gift from Chase to our men and women in uniform,"" ""Jim Knotts"":http://www.operationhomefront.net/about.aspx?id=1945, president and CEO of Operation Homefront, said in a statement.

""We're proud to partner with Operation Homefront in awarding homes to members of the military and their families,"" ""Frank Bisignano"":http://investing.businessweek.com/research/stocks/people/person.asp?personId=2133325&ticker=JPM:US, JPMorgan Chase chief administrative officer and CEO of mortgage banking, said in a statement.

Brad Cooper, executive director of Joining Forces, a subunit within the office of First Lady ""Michelle Obama"":http://www.whitehouse.gov/administration/first-lady-michelle-obama, called the program ""exactly the type of wonderful, collaborative effort that the First Lady and Dr. [Jill] Biden hoped to see when they rolled out ├â┬ó├óÔÇÜ┬¼├ï┼ôJoining Forces' last year ├â┬ó├óÔÇÜ┬¼├óÔé¼┼ô companies and organizations coming together to better serve veterans, service members and their families.""

As part of the effort, Operation Homefront will also accept donated goods to furbish homes for veterans and service members.

About Author: Ryan Schuette

Ryan Schuette is a journalist, cartoonist, and social entrepreneur with several years of experience in real-estate news, international reporting, and business management. He currently lives in the Washington, D.C., area, where he freelances for DS News and MReport.

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