50% Discount for Teachers K-1 to Buy a Home

The Teacher Next Door Initiative is designed to strengthen America’s communities by encouraging public and private school teachers to live in low- and moderate-income neighborhoods. Teachers (State-certified in grades Kindergarten through 12th grade) may purchase HUD-owned single unit properties located in designated revitalization areas at a 50 percent discount off list price. Teachers must agree to occupy homes as their sole residence for a period of 3 years. (14.310 Teacher Next Door Initiative) . Contact Asset Management and Disposition Division, 451 7th Street SW, Washington, DC 20410; 202-708-1672;
http://www.hud.gov/offices/hsg/sfh/reo/goodn/tnd.cfm)

 

Income Eligibility: None

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The Free Money Money Club provides free training videos, live assistance and more, including grants for homes .

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