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The Officer Next Door Program (technically called the "Good Neighbor Next Door Program" or GNND) is a HUD-based program that is aimed at helping police officers find affordable housing solutions. Author LakeWaterRealEstate Posted on June 4, 2019 Categories Home Loans Leave a Reply Cancel reply Your email address will not be published.
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Under the Officer Next Door program, HUD offers homes located in designated revitalization areas. Revitalization areas are typically in low- and moderate-income neighborhoods, have many vacant properties and often have high crime rates, but are considered good candidates for economic development and improvement.
The officer should be pre-approved and have a letter of commitment in order to be approved for the loan and purchase an Officer Next door home. teacher Next Door Program . The Teacher Next Door, or TND, program offers single family homes offered by HUD to public school teachers. Teachers can acquire a 50% discount off of the home’s appraised.
It was the first time the public heard from Guyger since the former dallas police officer walked into the apartment. On.
The Department of Housing and Urban Development offers the 50% off Good Neighbor Next Door Program for full-time teachers, police officers, firefighters, and EMTs employed with the fire department. The listing period for this lottery program is seven days.
– HUD User – The Officer Next Door (OND) and Teacher Next Door (TND) Programs were created to strengthen America’s communities by encouraging law enforcement officers and school teachers to live in low and moderate-income neighborhoods which have been designated as Revitalization Zones by the U.S. Department of Housing and Urban Development (HUD).
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Former Texas police officer pleads guilty in HUD fraud case – Under the terms of the "Good Neighbor Next Door/Officer Next Door" mortgage program offered through HUD, law enforcement officers receive a 50 percent discount from the list price of a home in return for living in the property as their sole residence, for 36 months.