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What type of non-profit organizations can purchase HUD homes?

April 26, 2017homes HUD non-profit Organizations purchase type

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What type of non-profit organizations can purchase HUD homes?

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HUD requires that non-profits organizations (NPOs) submit an application describing their housing related mission and providing other information about their organization’s structure, financing, and management. After this application has been reviewed and approved by HUD, the NPO is issued a NAID# and may buy HUD homes directly from the web site for their purposes. The types of non-profits vary widely, but they are almost always an IRS 501 (c)(3) corporation.