HUD
offers community-based nonprofit organizations the opportunity to
purchase HUD homes at discounts of up to 30 percent off the appraised
value. With this discount, local non-profit organizations invest
in property rehabilitation and resell to first-time homebuyers and
low- and moderate-income families. Every year, more than 500 local
nonprofit organizations partner with HUD in this program to rebuild
their communities. HUD also offers nonprofit agencies favorable
FHA insured mortgage financing terms and opportunities for downpayment
assistance programs. To find out more, contact the HUD
Homeownership Center that serves your state or click on the
resource links below:
Nonprofit
Program Information
Nonprofit
Resources
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