The Good Neighbor
Next Door Program (GNND) is designed to attract public servants
to designated communities where they can purchase homes in
neighborhoods in which they serve. This program makes
homeownership more available and affordable to these particular
individuals. Public servants under this program serve as
resident role models and ensure the safety and well-being of
residents in those communities where help is needed to promote
safe neighborhoods and stronger educational opportunities.
Participants are
offered up to a 50% discount on HUD-owned, single-family homes
under the Direct Sale Program in designated revitalization
areas. It is necessary for the participants of this program to
utilize the assistance of a real estate professional. HUD
requires these buyers to take advantage of the knowledge and
expertise that an experienced real estate agent has to offer.
Applicants
interested in the program are allowed to submit an “intent to
purchase” during a restricted offer period, which is five days
before the property is listed to the general public to receive
the appropriate discount. Participants are required to own and
use this property as their sole primary place of residence for
at least 36 months.
Law
Enforcement Officer
Eligible participants under the Law Enforcement Officer program
are employed full time by a law enforcement agency of the
federal government, a state, unit of general local government,
or and Indian tribal government. In carrying out such full-time
employment, the person is sworn to uphold and make arrests for
violations of the federal, state, tribal, county, township or
municipal laws.
Teacher
Eligible participants under the Teacher program are employed
full-time by a state accredited public or private school that
provides direct services to students in grades pre-kindergarten
through 12. The public or private school where the person is
employed as a teacher serves students from the area where the
home is located in the normal course of business.
Firefighter
and Emergency Medical Technician
Eligible participants under the Firefighter and Emergency
Medical Technician program are employed full-time by a fire
department or emergency medical responder unit of the federal
government, a state, a unit of general local government or and
Indian tribal government serving the area in which the home is
located.
Other qualifying
criteria include:
- All
participants’ employers must certify that the applicant meets
HUD’s eligibility definition for participation and is an
employee in good standing.
- Married
couples are eligible for both programs, but can purchase only
one home under either program.
- Single-family
homes are the only properties available for sale in the
program.
- Earnest money
deposit is required of 1% of the list price, but no less than
$500.00 and no more than $2,000.00.
For more terms
and conditions regarding the Good Neighbor Next Door program,
please refer to the HUD website:
http://www.hud.gov/offices/hsg/sfh/reo/goodn/main.cfm
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