Providing Affordable Housing to Veterans
Welcome
Mission Statement
Milestone Outreach, Inc. is a non-profit housing developer. We are committed to providing affordable, safe and healthy housing to low-income veterans and families.
Purpose
Milestone is a veterans public charity, an IRS 501 (c) (3), Milestone provides affordable home ownership to L.A. Veterans. All Veterans are eligible for zero down payment VA loans up to $675,000.00 in L.A. County. Milestone works with estate planners, bank trusts, business managers of high net worth clients who have an interest in veterans. Clients may preserve wealth or transfer significant wealth through planned giving. Milestone Outreach, Inc. also works with local banks to reduce non-performing assets (REO properties). A bank may donate an REO property to Milestone, write off full fair market value of the property. Milestone can place the donated property back with the bank as a fully performing VA loan - we will place the property with a veteran, pre qualified for home ownership. Milestone works with corporations, foundations and individuals in planned charitable giving.
Facts
- The Veterans Administration estimates that over eight thousand homeless veterans now live on the streets of Los Angeles.
- The median income of all veterans, inflation adjusted dollars, is $36,779.00 per year (VA estimate).
