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How It Works and Who Qualifies

Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our our partners, however, our opinions are our own. Terms apply to offers listed on this page.

  • The Good Neighbor Next Door program lets eligible homebuyers purchase a HUD home at a 50% discount.
  • This program is only available to law enforcement officers, teachers, firefighters, and EMTs in eligible revitalization areas.
  • You must remain in the home for three years — otherwise, you’ll have to pay back the discounted amount.

Buying a home at a 50% discount might seem too good to be true. In fact, that’s part of the reason so few people who are eligible to buy a house through the Good Neighbor Next Door (GNND) program actually do…

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