Department of Housing and Urban Development's Dollar Homes Program
Page 2


In addition, the Dollar Homes Program is also designed to enable communities to make good use of vacant homes that have remained on the market for six months, and at the same time it seeks to make the newly occupied homes act as instruments towards neighborhood revitalization, for the reason that it could attract new residents and new business establishments to the area.


Since HUD is partnering with local governments for the Dollar Homes Program, the agency also requires that the properties be located within the jurisdiction of the purchasing local government, granted that their intentions are limited to using the properties for a clear public purpose instead of using it to acquire profit.

Local governments will be considered eligible to participate in the Dollar Homes Program as long as they are authorized by their local law to make the purchase, and as long as they intend to make this houses available for low-to-moderate income families, as implied by the Dollar Homes Program.


The Department of Housing and Urban Development, the primary agency who established the Dollar Homes Program, is the US government's premiere agency that is primarily responsible for increasing home-ownership rates, providing support to community development projects and increasing access to affordable housing opportunities.

In the fiscal year 2007, the Department of Housing and Urban Development estimates that at least 70 homes were sold for $1 under the Dollar Homes Program.



Department of Housing and Urban Development's Dollar Homes Program
  Back to Page 1

About The Author

Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs.

She also maintains Websites providing resources on environmental grants and grants for youth programs.




Additional Resources



category - Grants for Individuals

Agriculture and Food Research Initiative: National Institute of Food and Agriculture Fellowships Grant Program
The Agriculture and Food Research Initiative grant program revolves around the premise of providing funds to both fundamental and applied research studies, education, and extension that would hopefully address concerns related to food and agricultural sciences.


Department of Homeland Security: 2011 Earthquake Technology Transfer
The Federal Emergency Management Agency(FEMA), under the DHS, has constituted the Earthquake Technology Transfer Cooperative Agreement program.


National Endowment for the Humanities: National Digital Newspaper Program
The goal of the National Digital Newspaper Program is to crate a national digital resource of historically significant newspapers published between the years 1836 and 1922, from all of the States and its territories.


Motor Carrier Safety Assistance Program High Priority Grant Opportunity
The Federal Motor Carrier Safety Administration has recently announced the Motor Carrier Safety Assistance Program (MCSAP) High Priority grant, which enables the agency to provide funds to State agencies, local governments and organizations representing government agencies as they as train and educate qualified officers and employees in strict coordination with State motor vehicle safety agencies.







Social Entrepreneurship
Spotlight



A Bar That Saves Children’s Lives


Ryan Devlin, Todd Grinnell and Ravi Patel have traveled to Africa on a humanitarian trip a few years back, encountering children suffering from severe malnutrition get healthy through Plumpy’Nut®.




Not for Profit Jobs in Nebraska

  Executive Director Jobs
  Substance Abuse Jobs
  Program Director Jobs
  Executive Director Jobs
  Social Services Jobs