Federal Programs
U.S. Department of Housing and Urban Development

Programs/Products Offered

• 50% discount on list price of certain HUD homes
• Eligible properties are single-family homes, condominiums, and townhouses
• Homes may be purchased directly from HUD without the use of a broker
• A required second mortgage and loan on the discounted amount
• Second mortgage will end after the required 3-year occupancy period
• No interest or payments are required if this occupancy period is met
• Available FHA insured mortgage with a down payment of only $100

• You must be employed full-time by a public school, private school, or federal, state, county, or municipal educational agency as a state-certified classroom teacher or administrator in grades K-12.
• Teachers may only purchase homes located within the boundaries of their school system.
• You must agree to live in your HUD home as your only residence for a minimum of 3 years after you move in.
• You cannot own any other residential property at the time of TND closing.

Contact Information
Contact your local HUD Homeownership Centers for rules for TND Program, or call (800) 569-4287 if you have any questions.Los Angeles HUD Office:  (213) 894-8000