Good Neighbor Next Door Requirements
Good neighbor next door realty inc.
Good neighbor next door 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 be a current or prospective homeowner. First check with your state and local government to see what they offer. Must be a full time pre k through 12th grade teacher emergency medical technician firefighter or law enforcement officer. If you don t meet the requirements of this program you do have other options available to you.
Good neighbor next door eligible participants the u s. Is a for profit business which is not affiliated with the federal good neighbor next door program the u s. Department of housing and urban development hud wants to make american communities stronger and to build a safer nation. If using a conventional home loan or another type of loan standard mortgage down payment requirements stay the same.
The good neighbor next door program promotes these goals by encouraging persons whose daily professional responsibilities represent a nexus to the needs of the community to purchase and live in homes in these communities. Hud offers a substantial incentive in the form of a discount of 50 from the list price of the home. Good neighbor next door program requirements. The good neighbor next door program is part of hud s mission to revitalize and.
The good neighbor next door gnnd program helps make this goal a reality by encouraging law enforcement officers pre k through 12th grade teachers and firefighters. Who is eligible for good neighbor next door program. The good neighbor next door program gnndp is a plan that has been put into place to assist law enforcement officers firefighters teachers and emergency medical technicians with the purchase of affordable and suitable homes. Homebuyers must meet the following good neighbor next door qualifications to be eligible for the program.
This program makes homes in revitalization areas available to law enforcement officers teachers firefighters and. Teachers law enforcement officers firefighters and emergency medical technicians can buy homes for 50 off the list. Some states counties and cities provide help when it comes to purchasing a home. The good neighbor next door program.
Department of housing and urban development or any other agency or department of the federal government. 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.