The AREAA Education Foundation is dedicated to empowering the Asian American communities through housing.
There are more than 21.8 million Veterans today and 2.32 million have served since the post 9/11 era. Many current Veterans just returning from assignments overseas do not earn enough to qualify for a home loan. Nearly 4 million Veterans pay more than 30% of their income for housing and more than 1.5 million of these households pay more than 50% of income for housing. Veterans who do own a home face heavy cost burdens in spite of the availability of VA loans and other assistance and this includes many Veterans with a disability. Twenty-six percent of post 9/11 Veterans has a service-connected disability and 14% of all Veterans have a service-connected disability. These numbers combined with the large number of Veterans with substance abuse problems or traumatic brain injuries make affordable permanent housing a priority for this nation. Ensuring that Veterans have access to safe, decent and affordable housing should be a goal of everyone in this country. Veterans deserve the nation's assistance in purchasing a home.
For these reasons, the Asian Real Estate Association of America (AREAA) Foundation is starting a new initiative called, "Welcome Home Heroes Housing Assistance program". This program will provide critical housing support to minority Veterans of the Armed Forces of the United States. This year's goal is to raise $385,000.00 to support 170 veterans and their families as it relates to housing needs.
Your tax-deductible donation will support our programs for developing Asian American leaders, strengthening communities, and helping communities in need. Your generosity is very much appreciated.