What is the Good Neighbor Next Door Program (GNND)?

The U.S. Department of Housing and Urban Development (HUD) wants to make American communities stronger, promote home ownership, build a safer nation, and take an active role in the revitalization of cities. The purpose of the Good Neighbor Next Door (GNND) sales program is to improve the quality of life in distressed urban communities by encouraging Law Enforcement Officers, Teachers (preK-12), Firefighters, and Emergency Responders (EMT) to purchase and live in homes in these communities.

What Are the Benefits for the Participant?

The Lottery winner may purchase the property at a 50 percent discount from the current "AS IS" APPRAISED VALUE which is the LIST PRICE. For example, if the home has a LIST PRICE of $150,000, a participant can buy it for $75,000. You can also apply for an FHA-insured mortgage with a down payment of only $100 and you may finance all closing costs, repairs, improvements, appliances and all acquisition expenses. You must live in the home for three years, but after that you can sell the home and keep all the profit.

If the home you want to purchase needs updating or repairs, you may use FHA's 203(k) or the new 203(k) Streamline Mortgage program. This mortgage option allows you to finance both the purchase of the home and any needed repairs and/or updates you want to make to the home. You have the benefit of one loan for both costs and one monthly payment. It is a home improvement loan and property acquisition loan combined in one.

Who can participate?

All participants must be employed full-time by a federal, state, county, or municipal government; Indian tribal government or division of local government, public or private college, university or school. Current homeowners CAN NOT participate and you can not have owned any other residential real estate for 1 year prior to lottery submission.

Teachers
You must be state certified or accredited and employed full time by a public or private school grades Pre K-12th grade. You are restricted to homes that are located in the area or School District serviced by your employer.

Law Enforcement Officers
You must be sworn to uphold and make arrests for violations of federal, state, county, or municipal law. Your employer must certify that you are a full-time officer with unlimited general powers of arrest. Law Enforcement officers are restricted to the boundaries of their authority to make arrest. Municipal, county, and state agencies usually have power of arrest throughout the entire state. Therefore, they are allowed to be entered into any property in the state. Federal Law Enforcement officers are the only area UNRESTRICTED participants in the GNND program.

Firefighters & Emergency Medical Technicians
You must be employed full time by a unit of a federal, state, or general local government, or an Indian tribal government. You are restricted to homes that are located in your employer's service area. 

To find out if you qualify for the GNND Program, please complete the short form below. Please put GNND in comments.