Department of Housing and Urban Development's Dollar Homes Program

by:

The Department of Housing and Urban Development, otherwise known as HUD, is a Cabinet department in the Executive branch of the US federal government.

The Department of Housing and Urban Development's work is geared towards the creation of strong and sustainable communities as well as decent, quality homes that are available for all.

In addition to all its existing housing programs, HUD has recently established the Dollar Homes Program.

The Dollar Homes Program revolves around the process of selling single family homes for a superbly reasonable price of $1 (plus closing cost) to low-to-moderate income families, granted that these houses have been acquired through foreclosure by the Federal Housing Administration, and have already been actively marketed for at least six months and still remained unsold after that certain period of time.

The primary goal of the Dollar Homes Program is to provide assistance and foster housing opportunities for low-to-moderate income families, thereby addressing certain community needs.

  (continued...)

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

About The Author

The TopGovernmentGrants Editorial Staff maintains one the most comprehensive Websites offering information on government grants and federal government programs.

The staff also provides resources to other Websites with information on environmental grants and grants for youth programs.




Additional Resources



category - Home Buying Programs

Ohio Heroes Program for First Time Home Buyers in the State of Ohio
One of the most popular programs of the Ohio Housing Finance Agency is the Ohio Heroes Program which is exclusively intended for active military men, active reservists, veterans, firefighters, emergency medical technicians, paramedics, and several other individuals with noble professions.

Section 8 Housing Choice Voucher Homeownership Program
The Connecticut Housing Finance Agency has been administering the Section 8 Housing Choice Voucher Homeownership Program wherein they intend to offer home loans at reasonable, below-market rates to Section 8 tenants who wish to purchase a home of their own.

Government Grants within the United States Housing Sector
The government has established quite a slew of agencies that are specifically designed to administer housing programs and assist the needs of homebuyers, renters, and property developers.

Keystone Home Loan Program For First Time Homebuyers in Pennsylvania
The Pennsylvania Housing Finance Agency has been administering the Keystone Home Loan Programs For First Time Homebuyers within the State of Pennsylvania.






Social Entrepreneurship
Spotlight



Social Enterprise Wins Funding to Get Vulnerable Women Back into Work and Education


Women’s Business Station, a new social enterprise in Dundee, received £10,000 funding from the Government’s Tampon Tax Community Fund for a project aimed at empowering women supported by four Dundee charities.




Not for Profit Jobs in Nebraska

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