HUD: Good Neighbor Next Door Financing Program

The Good Neighbor Next Door financing program is a neighborhood revitalization initiative provided through HUD. The initiative is designed to encourage law enforcement officers, eligible teachers, firefighters, and Emergency Medical Technicians (EMT) to live in the low- and moderate-income neighborhoods where they work.Under this initiative, eligible borrowers purchase HUD-acquired homes located in HUD-designated revitalization areas: at a 50% discount from the list price; with a down payment of $100 (applies only if FHA financing is used).HUD places a 50%, zero-interest, forgivable, second mortgage on the property. Click here to learn more.

Contact: Interested qualified borrowers should contact the Property Disposition (PD) Office in their local HUD office for a listing of eligible PD properties in their area. HUD Offices are in Philadelphia and Pittsburgh

Phone: (215) 656-0500; (412) 644-6428



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The content of HomeHUB© is informed by a Editorial Board which consists of representatives of key statewide stakeholder entities that believe in the importance of rebuilding homeownership in Pennsylvania. For additional information, visit our "About" page.