Overview
This page discusses what the GNND program from a broad perspective and will introduce you to the value it can provide
What is Good Neighbor Next Door?
The Good Neighbor Next Door (GNND) program is a U.S. Department of Housing and Urban Development (HUD) initiative designed to revitalize communities by incentivizing public servants to become homeowners in designated areas. It targets full-time law enforcement officers, pre-K through 12th-grade teachers, firefighters, and emergency medical technicians (EMTs), offering them a 50% discount on the list price of HUD-owned single-family homes in revitalization areas
What is a Revitalization Area?
Neighborhoods with low income, low homeownership rates, and high foreclosure activity. Participants must commit to living in the home as their primary residence for 36 months and certify their intent to remain in their profession for at least one-year post-purchase. The program uses a dual mortgage system: a standard mortgage for 50% of the price and a “silent” second mortgage from HUD for the discount, which requires no payments or interest if the residency requirement is met. Homes are listed for only seven days, and if multiple eligible buyers bid, a random lottery determines the winner.
What is the purpose of the program?
The program’s purpose is twofold: it makes homeownership more affordable for public servants who often face financial constraints, and it aims to strengthen communities by bringing in residents who contribute to safety and education. However, inventory is extremely limited, often with only a handful of homes available nationwide, and properties are sold as-is, meaning buyers are responsible for any repairs.