Good Neighbor Program

Good Neighbor Program

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. HUD offers a substantial incentive in the form of a discount of 50% from the list price of the home. In return you must commit to live in the property for 36 months as your sole residence.

Eligible Single Family homes located in revitalization areas are listed exclusively for sale through the Good Neighbor Next Door Sales program. Properties are available for purchase through the program for seven days.

Check the listings for your state. Follow the instructions to submit your interest in purchasing a specific home. If more than one person submits an offer on a single home a selection will be made by random lottery. You must meet the requirements for a law enforcement officer, teacher, firefighter or emergency medical technician and comply with HUD's regulations for the program.

HUD requires that you sign asecond mortgage and notefor the discount amount. No interest or payments are required on this "silent second" provided that you fulfill thethree-year occupancy requirement.

The number of properties available is limited and the list of available properties changes weekly.


Sourced from HUD.


Andrea Forte Headshot
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Phone: 254-247-9797
Dated: May 1st 2015
Views: 816
About Andrea: I arrived to the Fort Hood area in 1995 as an Army dependent. I graduated from Copperas Cove High Sc...

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