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| HUD/OH | RIN: 2502-AH72 | Publication ID: Fall 2005 |
| Title: Disposition of HUD-Acquired, Single-Family Property: Good Neighbor Next Door Sales Programs (FR-4712) | |
| Abstract: This proposed rule would establish regulations for HUD's new Good Neighbor Next Door Sales Program. The requirements for the new program are closely modeled on those for HUD's Officer and Teacher Next Door Sales Programs. The Good Neighbor Next Door Sales Program would replace, and build upon the success of, these two existing sales programs. The purpose of the Good Neighbor Next Door Sales Program is to improve the quality of life in distressed urban communities by encouraging local law enforcement officers, teachers, and firefighters/emergency responders whose daily responsibilities and duties represent a nexus to the needs of the community, to purchase and live in homes in these communities. Although the requirements governing the new Good Neighbor Next Door Sales Program would be similar to the existing requirements for the Officer and Teacher Next Door Sales Programs, HUD is also proposing to make several important modifications and improvements to the current requirements. | |
| 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 | |
| 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: None |
| Small Entities Affected: No | Federalism: No |
| Included in the Regulatory Plan: No | |
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Agency Contact: Ivery Himes Director, Office of Single Family Asset Management, Office of Housing Department of Housing and Urban Development Office of Housing 451 Seventh Street SW, Washington, DC 20410 Phone:202 708-1672 |
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