Paying It Forward: Banks Donate Homes to Wounded Vets

Posted on 06/3/2014 by |Senior Editor, Money Team | Comments

Bulletin Today | Money & SavingsJulie Barcheers is on her way to becoming a first-time homeowner without having to buy a house. The 55-year-old Army veteran participates in a program by the Military Warriors Support Foundation that matches those wounded in service with houses donated by major banks. Barcheers recently received the keys to a three-bedroom house in Carriere, Miss. If she pays the annual property taxes and meets other criteria, the house will be hers in three years — free of any mortgage. “For …