Residence for Patriots Foundation
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Transcript of Residence for Patriots Foundation
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U.S. Military Housing Program
“Giving Back’ credit where credit is due! …The Soldiers of the United States. Patriots for Residence Foundation is currently in the application stage with the IRS for 501(3)(c) approval. Donations will only be a tax write off once approval is granted.
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approval. Donations will only be a tax write off once approval is granted.
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Table of Contents
• Mission 3 • Purpose 4 • The Program 5 • Buyers 6 • Homes 7 • Acquisition Cycle 8 • Who we are 9 • Strategic Relationships & References 10 • VA Mortgage Financing 11 • Contact Information 12
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Mission
Provide rehabilitated and discounted-to-market homes to both active duty military and veterans while aiding in the economic revival & recovery of the United States. w
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Purpose• Capital raise through donations &
debt instruments. • Seeking donations and purchasing of
homes through GSE’s, Banks, and Asset groups to provide housing.
• Provide military personnel with housing • Purchase • Rent * • Contract for Deeds *
* Options until credit allows for VA financing
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The Program
• Nationwide • $100 Million in Nationwide Housing • Distribute directly to both active military & veterans • Sourced by GSE’s, Banks, & Lenders • Purchase/Rent/ Contract for Deed • VA Financing • Credit Counseling when credit does not permit
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SCRUM ARTEFACTS
SCRUM ROLES
UM
Residence for Patriots Foundation purchases OREO portfolio
$ 100 M Donations
Active Military/ Veterans Purchases Homes
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MILITARY HOUSING PROGRAM
VA Mortgage Funding OR
Residence for Patriots Foundation provides alternate solution program*
* Applicants who do not qualify for VA financing
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Buyers • Veterans, Active Duty, and
Reservists/National Guard Members who have served on active duty
• Reservists/National Guard Members who have never served on active duty
• Surviving Spouses of Veterans who died in service or as a result of service • Veterans need DD214 • Active duty need current statement of service
from Commanding Officer
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Homes • Nationwide • Rehabilitated Single
Family Residence • Rehabilitated
Condominiums • Special Needs
Improvements made for Disabled Veterans
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Who We are…
Residence for Patriots Foundation was formed to enable active duty military & veterans to purchase homes at a discount-to-market. The result will be twofold 1) give-back to those who have given to this nation- our military servicemen and women; and 2) rebuild communities across the nation. Through our strategic relationships & involvement with organizations that have similar goals in assisting the United States into recovery & revival of its’ land and of its people. Nationwide relationships and creative methods are allowing RFPF to focus on neighborhood revitalization and provide military housing. Comprised of senior executives who have managed, developed, and built institutional sized portfolios/projects over the last 40 years with an aggregate value of work performed that total in the billions of dollars. Our focus has been and will always be to restore new life to the neighborhoods, create jobs, and ‘Give-Back’ to the heroes of this nation.
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RFPF Relationships & References * • FNMA • Freddie Mac • GMAC • Citibank • Wells Fargo • B of A • Chase • Morgan Stanley • Prescient • AHMSI • FDIC
• HUD • National Community Stabilization
Trust • Local Banks and Credit Unions • Mercy Housing • Safeguard Properties • Foreclosure Detroit • Next Detroit • REDC • Affordable Housing • Private asset groups
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* RFPF Officers have past business relationships
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VA Mortgage Financing
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• 100% financing
• No monthly MI (Private Mortgage Insurance)
• Up to 4% Seller Concessions
• Flexible Credit Guidelines
• Owner/Occupied Primary up to 4 units, condo,
manufactured home
• New Construction, Under Construction • Active Duty, Retired, National Guard/Reserve,
Surviving Spouses
Aggressive Financing Guidelines for Veterans
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Contact Information Program Inquiries : Email: [email protected] www.residenceforpatriots.org Residence for Patriots Foundation 6325 S. Jones Blvd #400 Las Vegas, NV 89118 12
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Text : Soldiers To # : 30895 To receive information