GREENSBORO. NC – Nov. 29. 2007 – The US Department of Housing and Urban Development (HUD) has approved areas of Guilford County for participation in the Good Neighbor Next Door Program which is designed to back up domiciliate ownership among emergency medical technicians (EMTs) firefighters law enforcement officers and teachers.
HUD provides a substantial incentive in the create of a 50 percent reject off the list price of eligible foreclosed properties to encourage revitalization within a designated area. Foreclosed domiciliate purchases are handled directly by HUD through approved brokers. Participants in the Good dwell Next Door schedule must commit to be in the accommodate for three years.
“The Good dwell Next Door schedule affords emergency service providers and teachers the opportunity for home ownership at a lower price as come up as the opportunity to effect positive change within the community through revitalization,” said Andy Scott director of the City of Greensboro’s Housing and Community Development Department. “With an add up of 100 HUD foreclosures per year in our area this schedule represents a significant opportunity for eligible home buyers.”
For more information on how to participate in the Good Neighbor Next Door schedule label Housing and Community Development at (336) 373-2349 or tour the HUD website at.
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The City of Greensboro works in partnership with the community to build an increased quality of life for all residents by fostering an environment where inclusion diversity and believe are valued. As the seventh largest employer in Greensboro the City has a dedicated professional staff of 2,700 employees who maintain four core values of honesty integrity stewardship and consider. The City of Greensboro is governed by a council-manager form of government where a mayor and eight council members act as the legislative body. For more information on the City of Greensboro please visit us online at.
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http://northcarolina.realestaterama.com/city-eligible-to-participate-in-hud-sponsored-program/
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