RIN Data
| HUD/OH | RIN: 2502-AH72 | Publication ID: Fall 2002 |
| Title: Disposition of HUD-Acquired Single Family Property; Officer/Teacher Next Door Sales Programs (FR-4712) | |
| Abstract: This rule codifies the policies and procedures concerning the Teacher Next Door (TND) Sales Program. The TND Sales Program has been operating since December 7, 1999 as a temporary program. This rule establishes the TND Sales Program as a permanent part of HUD's single family property disposition program. Through the TND Sales Program, HUD makes HUD-acquired single family properties available to eligible teachers for purchase at a discount from the list price. The TND Sales Program is closely modelled after HUD's Officer Next Door (OND) Sales Program, which provides the same benefits to eligible law enforcement officers. In addition to codifying the TND Sales Program, the rule would also clarify and revise certain requirements applicable to both the OND and TND Sales Programs. Among other such changes, the proposed rule would: (1) expand eligibility for the OND Sales Program to include Native American tribal police officers; (2) cap the total number of HUD-acquired homes that will be sold in a fiscal year under the OND/TND Sales Program; (3) establish new requirements regarding refinancing. | |
| Agency: Department of Housing and Urban Development(HUD) | Priority: Other Significant |
| RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
| Major: No | Unfunded Mandates: No |
| CFR Citation: 24 CFR 291, subpart F (To search for a specific CFR, visit the Code of Federal Regulations.) | |
| Legal Authority: 12 USC 1701 et seq 42 USC 1441 42 USC 1441a 42 USC 1551a 42 USC 3535(d) | |
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Legal Deadline:
None |
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Timetable:
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| Regulatory Flexibility Analysis Required: No | Government Levels Affected: Local, State, Tribal |
| Small Entities Affected: Governmental Jurisdictions, Organizations | Federalism: No |
| Included in the Regulatory Plan: No | |
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Agency Contact: Joseph McCloskey Director, Office of Single Family Asset Management Department of Housing and Urban Development Office of Housing Room 9172, Phone:202 708-1672 |
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