Good Neighbor Next Door Sales Program

Housing > Good Neighbor Next Door Sales Program

Program Description:

If you are a law enforcement officer, firefighter, emergency medical technician, or teacher, this program may help you purchase a home in a HUD-revitalization area by offering qualified purchasers a 50% discount off the list price of homes available from HUD's inventory. You must agree to live in the home for three years and it must be your sole residence.

General Program Requirements:

In order to qualify for this benefit program, you must be or have been a law enforcement officer, firefighter, emergency medical technician, or teacher who is employed (full-time) and is a current or prospective homeowner.

Status

Active

Loan Terms:

Not Applicable

Application Process:

For more information, see the Program Contact Information below.

Program Contact Information:

To obtain a FHA-insured mortgage, look in your local Yellow Pages under "Mortgages" or contact a FHA-approved lender:
http://www.hud.gov/ll/code/llplcrit.html

To read more about the home buying process, please visit:
http://www.hud.gov/buying/index.cfm

To read more about this program, go to:
http://www.hud.gov/offices/hsg/sfh/reo/goodn/gnndabot.cfm

Managing Agency:

U.S. Department of Housing and Urban Development
http://www.hud.gov/