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YOUR MONEY: Frontline workers eligible for HUD's Good Neighbor Next Door program


YOUR MONEY: Frontline workers eligible for HUD’s Good Neighbor Next Door program
Your Money: HUD offers discounts to first responders
By Liz Koh | April 12, 2021 at 11:02 AM CDT - Updated April 12 at 5:56 PM
BATON ROUGE, La. (WAFB) - Frontline workers could be eligible to buy a home at a deep discount.
The goal of this program is two-fold. It aims to provide homes to frontline workers at a 50 percent discount while revitalizing communities around the country.
According to USA Today Money, eligible participants can buy homes at 50 percent off the current appraised value.
For example, if a home appraises for $300,000, the buyer will pay $150,000. The other half becomes a “silent” second mortgage that is forgiven after 36 months of living in that home.

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