Hud offers a substantial incentive in the form of a discount of 50 from the list price of the home.
Hud home store good neighbor next door.
Good neighbor next door provides law enforcement officers teachers firefighters and emergency medical technicians with the opportunity to purchase homes located in revitalization areas at significant discount.
Law enforcement officers pre kindergarten through 12th grade teachers firefighters and emergency medical technicians can contribute to community revitalization while becoming homeowners through hud s good neighbor next door sales program.
These areas are determined by congress under the national housing act in order to offer more homeownership opportunities.
The good neighbor next door program allows eligible individuals to purchase specific single family properties in revitalization areas.
The department wants to make american communities stronger and build a safer nation.
Buyers must reside in the property for a period of no less than 36 months.
Buy a home through hud s good neighbor next door initiative designed to encourage renewal of revitalization areas by providing law enforcement officers firefighters emergency medical technicians and teachers an opportunity to purchase homes in these communities.