Variable Housing Allowance - Allowable Expenses for Offset

Abstract

A service member married a woman who owned a house with a first and second mortgage on it, and it became their family residence. She had been previously married, and she had taken the second mortgage to pay her former husband an amount due him in their community property settlement whereby she retained the house after their divorce. The regulation defining monthly housing costs for purposes of computing a uniformed service member's variable housing allowance (VHA) excludes the cost of a second mortgage taken for other than repairing, renovating or enlarging a residence since VHA is an allowance to help a member pay for housing in a high-cost area, not to satisfy a community property settlement. Neither may the second mortgage in these circumstances be considered a mortgage taken for the initial purchase of a residence.

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Document Details

Document Type
Technical Report
Publication Date
Aug 19, 1988
Accession Number
AD1150614

Entities

People

  • Milton J. Socolar

Organizations

  • Comptroller General of the United States

Tags

DTIC Thesaurus Topics

  • Air Force
  • Air Force Facilities
  • California
  • Communities
  • Economics
  • Finance
  • Investments
  • Latitude
  • Law
  • Marine Corps
  • Massachusetts
  • Money
  • Real Estate
  • Regulations
  • United States

Readers

  • Housing Policy Studies in Military Families with Privatization and Telomerase Allowance Units, Multi-Family Housing, and Telomere Lengths.
  • Military Mobilization and Reserve Forces Studies.
  • Systems Analysis and Design