To help active duty troops and military veterans get a better understanding of available loans, financial literacy and home ownership issues, the Chicago Association of REALTORS® (CAR) began a new partnership program with the newly formed Chicago chapter of the Veterans Association of Real Estate Professionals (VAREP).
The Chicago Association of REALTORS® has been a longtime supporter of education for our REALTORS® on the many programs and services available for veterans,” said Ginger Downs, CAR’s chief executive officer. “We formed the first ‘Heroes Welcome Home’ course in 2008, which has since adapted into the Military Relocation Professional Designation. We welcome VAREP to Chicago and are thrilled to partner with them to help fulfill their mission.”
Illinois has the 10th largest veteran population in the United States, with more than 700,000. Women comprise more than 54,000 of that number, and they are expected to grow by 15 percent in the next 20 years. About 75 percent of Illinois’ veterans are combat or wartime veterans.
CAR will offer REALTORS® Real Estate School Pre-licensing Scholarships to 100 veterans who would like to start a career in real estate. Get more information about CAR partnerships.