Updated: Mar 9, 2020
What is the Vash Program?
VASH is a unique housing program for homeless veterans and their families designed to provide our US Military Veterans to obtain but retain permanent housing. Through the HUD-Veterans Affairs Supportive Housing Program (VASH) provides rental assistance vouchers specifically targeted to homeless veterans. Public housing authorities work hand in hand with Veterans Affairs to manage the program.
What are the eligibility requirements?
Eligibility is based on several requirements, first and foremost being that the household must be homeless and include at least one Military veteran. With that said, families with children, couples, and singles are also eligible to apply. Other eligibility criteria include the following:
The total income must not be more than 50% of the median area income. Very low income and limits can be found under HUD Program Income Limits or HUD’s website.
The household must be residing in an emergency shelter, lack a regular night time place of residence or in a place not meant for habitation or adequate shelter. Homelessness must be verified by a 3rd party such as a Veterans Officer or other professional knowledgeable in social services.
Engagement with Services & Criminal Background Check:
Veterans must be willing to engage in services from the Department of Veterans Affairs. There are no criminal background checks required, however, sex offenders are not eligible for this program.
Investment VASH Considerations & Practices
Learn about investing in Vash. When providing quality homes for the veterans we serve you may want to consider some of the following practices:
Run and maintain a sustainable business by building relationships with the VA and team who administer the vouchers.
Look for and target off-market homes in need of rehab in urban areas and build equity through your renovations. Providing a veteran tenant with a home that is in great condition sets a higher standard of care.
Invest in building relationships with your tenants or higher a property management company who is vested in knowing your tenants and wants to see them back on their feet. This can result in a higher level of respect for the property, therefore keeping your maintenance costs lower than usual.