Non-Profit
Programs
HUD Approved Non-Profits receive a
discount on purchasing HUD properties. This discount is between
10% and 30% off the purchase price of the property and is
based on the insurability and location of the property. The
Non-profit agency MUST be a HUD Registered Non-Profit Agency
to qualify for the discount for more information on how to
become a HUD approved Non-profit please click the link below.
How
to become an Approved Non-Profit (housing)
List of Approved Non-Profits (REO
Purchases): Non-profit agencies approved to do business with
HUD/FHA get approval for placement on the non-profit roster
from the appropriate HUD Homeownership Center.
Each Homeownership Center maintains
a roster of approved non-profit agencies for its jurisdiction.
HUD Approved (registered) Non-Profits receive a 30% discount
if purchasing a property that is located in a revitalization
area and listed Uninsurable (not available for FHA Financing).
If the property being purchased is not in a revitalization
area or is listed FHA insurable the HUD Approved Non-Profit
will receive a 10% discount on the HUD property purchase.
For additional information regarding
Non-Profit Registration please check HUD's website: www.hud.gov
or contact HUD directly.
For additional information regarding
HUD Approved Non-Profit Purchases in the states listed above
please e-mail our Special
Programs Coordinator.
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