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Officer Next Door Program
 HUD's
Officer Next Door program offers HUD-owned, single family
homes to law enforcement officers at a 50 percent discount.
Its goal is to to prevent crime and promote neighborhood
safety and security by encouraging law enforcement officers to
become homeowners and residents in economically distressed
communities.
Under the program, HUD offers homes located in designated
revitalization areas. Revitalization areas are typically in
low- and moderate-income neighborhoods, have many vacant
properties and often have high crime rates, but are considered
good candidates for economic development and improvement.
Homes offered for sale in the program were previously insured
through the Federal Housing Administration (FHA) and then
foreclosed. HUD also reduces the down payment requirement
to just $100 if the home is purchased with an FHA insured
mortgage.
Officers must live in the property as their sole residence for
at least three years after purchase. A law enforcement officer
who is employed full-time by a federal, state, county or
municipal government and is sworn to uphold, and make arrests
for violations of federal, state, county or municipal laws is
eligible to participate in this program.
For
more information about this program in Arizona, call us at
(602) 993-7509.
To
receive a free copy of the Arizona HUD homes list,
click here.
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