1. Short title This Act may be cited as the Housing Our Heroes Act . 2. Establishment of pilot grant program for homeless veterans (a) Establishment Not later than one year after the date of the enactment of this Act, the Secretary of Veterans Affairs shall commence a pilot grant program to assess the feasibility and advisability of awarding grants to eligible entities to purchase and renovate abandoned homes for homeless veterans. (b) Grants (1) Award In carrying out the pilot program under subsection (a), the Secretary shall award grants to eligible entities to purchase and renovate abandoned homes for homeless veterans. (2) Maximum Amount The amount of a single grant awarded under paragraph (1) shall not exceed $1,000,000. (3) Number The Secretary may award to an eligible entity more than one grant under paragraph (1). (c) Eligible entities The Secretary may award a grant under subsection (b)(1) to any of the following: (1) A veterans service agency. (2) A veterans service organization. (3) Homeless organizations. (4) Any other nongovernmental organization. (d) Selection of grant recipients (1) Application Any eligible entity seeking a grant under subsection (b)(1) shall submit to the Secretary an application therefore in such form and in such manner as the Secretary considers appropriate. (2) Requirements The Secretary may only award grants under subsection (b)(1) to an eligible entity that demonstrates, as determined by the Secretary— (A) a record of financial stability