Home Marketing Incentive Payments (HMIP)
Home Marketing Incentive Payment (HMIP) is intended to reduce relocation costs. Employees are encouraged to independently and aggressively market and find a buyer for their residence, see JTR 5938 for more information.
Things you need to know:
- This is a taxable entitlement with no authorization for Withholding Tax Allowance (WTA) or Relocation Income Tax Allowance (RITA) payments.
- When exercising this option, an employee is no longer eligible for real estate sale, unexpired lease or property management reimbursements.
- Maximum reimbursement cannot exceed:
- One to five percent of the price the relocation service company paid when it purchased the residence from the employee; or
- $10,000; or
- One half of the savings realized from the reduced fee/expenses paid as a result of the employee finding a bona fide buyer with whom the sale is closed.
- If no savings are realized, a home marketing incentive may not be paid.
Voucher Submission for HMIP
- DD Form 1351-2 (Travel Voucher/Sub Voucher) – Be sure to review the Civilian relocation DD Form 1351-2 Voucher checklist.
- DD Form 1614 (Travel Authorization/Orders) with all amendments
- Information contained on the HMIP worksheet
- Include Direct Deposit From 1199A
Joint Travel Regulations (JTR)
Do you need more information about this entitlement? Click below to review the information. The link is a searchable PDF, scroll to the section you are interested in, then click on the blue link to be taken directly to the page.
Joint Travel Regulations (JTR, Chapter 5, Part F, section 0546
Page updated December 17, 2019