What's happening with the Military Housing Allowance?

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Welcome back the The Shine Team's video blog! A couple months ago I got a call asking whether the military housing allowance was being lowered. I hadn't heard anything, but it scared me a bit because in the 90s there was a bill proposed that lowered the housing allowance.

Well, we got on the phone and talked to senators and congressmen and we got it stopped! When I got that call, the same process happened again and I have some great news. The military housing allowance is not being lowered, in fact, it has actually gone up.

Military Allowance Increases in Fort Hood

O6 - $56
O5 - $57
O4 - $69
O3 - $100

E9 - $84
E8 - $92
E7 - $141
E6 - $168
E4 - $150

That's great news! Recent reports also show we have 41,800 soldiers and airmen. About 75% of families live off post and there are 5,450 civilian employees.

This is all great news for Fort Hood. What about the real estate market? Interest rates are still incredibly low at 4.5% and it is a great time to invest. Please give me a call at 254.690.4321 and if you have any questions that we could feature on our video blog, email me at Jean@ShineTeam.com