What are the HUD Special Programs?
Good Neighbor Next Door: HUD’s Good Neighbor Next Door initiative is designed to encourage renewal of revitalization areas by providing an opportunity for law enforcement officers, firefighters, emergency medical technicians and teachers to purchase homes in these communities. HUD provides a substantial incentive in the form of a 50% discount off the list price of eligible properties. See http://www.hud.gov/offices/hsg/sfh/reo/goodn/gnndabot.cfm for more information.Dollar Homes: HUD’s Dollar Homes initiative helps local governments to address specific community needs by offering low to moderate income families the opportunity to purchase qualified HUD-owned homes for $1 each. See http://www.hud.gov/offices/hsg/sfh/np/np_home.cfm for more information.Nonprofit: The Federal Housing Administration (FHA) offers community and faith based nonprofit organizations the opportunity to purchase HUD homes at discounts up to 30%. With this discount, local nonprofit organizations invest in their co
Good Neighbor Next Door: Law enforcement officers, pre-kindergarten through 12th grade teachers, and firefighters/emergency medical technicians can contribute to community revitalization while becoming homeowners through HUD’s Good Neighbor Next Door Sales Program. HUD offers a substantial incentive in the form of a discount of 50% from the list price of the home during the Lottery phase. In return, the purchaser must commit to live in the property for 36 months as their sole residence. See http://www.hud.gov/offices/hsg/sfh/reo/goodn/gnndabot.cfm for more information. Dollar Homes: HUD’s Dollar Homes initiative helps local governments to address specific community needs by offering low to moderate income families the opportunity to purchase qualified HUD-owned homes for $1 each. See http://www.hud.gov/offices/hsg/sfh/np/np_home.cfm for more information. Nonprofit: The Federal Housing Administration (FHA) offers community and faith based nonprofit organizations the opportunity to purch
