As we gear up for a new year, it’s that time again—checking out the latest updates on housing allowance rates. We know how crucial this info is for planning ahead, whether you’re moving to a new base or staying put.
2024 brings in some anticipated changes in housing allowance rates across various regions. These rates are more than just numbers; they impact the decisions you make for your family’s housing, budget, and lifestyle.
2024 Basic Allowance for Housing
The Department of Defense just dropped the 2024 Basic Allowance for Housing (BAH) rates, and there’s an average increase of 5.4 percent kicking in from January 1, 2024. That means roughly $27.9 billion will be going out to around a million Service members.
Now, here’s the lowdown: While the overall BAH rates went up, it’s important to note that various rental markets have their own unique trends. So, these 2024 BAH rates take into account these differences based on location and local market conditions.
Ready to check out these updated rates? The DoD has unveiled the figures, and you can find all the details right here. It’s your go-to for understanding how these changes might impact your housing allowance.
Dislocation Allowance (DLA) Unveiled
But wait, there’s more! The 2024 Dislocation Allowance (DLA) rates are also out. In simpler terms, DLA helps offset some of the costs related to relocating due to military orders. It’s there to assist with the expenses that pop up when you have to move, making the transition a bit smoother for you and your family.
Now, if you’re eager to dive into the specifics of these rates, the Department of Defense has laid it all out for you. Here’s the link to check out the 2024 BAH and DLA rates in detail.
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