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HUD's Good Neighbor Next Door Program
Many single family homes in revitalization areas are available at a reduced price through a program targetted to law enforcement officers, pre-Kindergarten through 12th grade teachers and firefighters/emergency medical technicians (EMTs).

The discount can be up to 50% off the price of the home, but it comes with a stipulation - you must live in the house for 3 years (36 months), and the house must be your sole residence.

Revitalization areas are designated neighborhoods that are in need of economic and community development, and where there is already a strong commitment to revitalization by the local community governments. You can search for specific areas and communities to see if they are in revitalization areas by completing a map search.

In order to enforce the 36-month occupancy rule, HUD will require that you sign a second mortgage/note for the discounted amount. No interest or payments will be required on this "silent second mortgage" provided that you fulfill the three-year occupancy time.

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

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