The significance of a first mortgage payment

Not a running post, been a while. Driving back from the San Antonio half marathon today I was reminded by many mentions on the radio that it’s veterans day today. It reminded me of a really moving experience that was recounted to me, and also of a recent disappointment. First the good.

The story is short and sweet and about a veteran. The story ends with a first mortgage payment. One of the realizations of the American dream many would say. The road to that first mortgage payment wasn’t easy though. This veteran used to be one of the many homeless veterans (17% of the homeless are veterans) in Austin. The veteran got off the streets, was part of a transitional housing program that Green Doors provides. The veteran then moved into an affordable housing program (again with Green Doors), managed to find employment, moved into his own apartment and eventually his own home … and made his first mortgage payment. When I heard this story I really was lost for words, the good that comes from enabling somebody to transform their own lives is immeasurable.

So now the bad. The affordable housing I mentioned would not have been possible without the 2006 housing bounds approved by the citizens of Austin. Proposition 15 which failed to pass last week was going to enable organizations in Austin like Green Doors to expand their affordable housing programs, something that is desperately needed. What’s done is done.

Anyway, I also wanted to thank all of you that supported Prop 15 and continue to support organizations like Green Doors with your time and money.



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