24 C.F.R. § 291.520 How do I qualify to purchase a home through the Officer Next Door Sales Program?
Title 24 - Housing and Urban Development
To qualify to purchase a home through the Officer Next Door Sales Program you must: (a) Be a full-time law enforcement officer as described in §291.530; (b) Agree to own, and live in as your sole residence, the home for the entire duration of the owner-occupancy term; (c) Agree to execute a second mortgage and note on the home as described in §291.550 for the difference between the list price and the discounted selling price; (d) Agree that you will not own any residential real property, other than the home you purchase through the Officer Next Door Sales Program, during the owner-occupancy period.
Title 24: Housing and Urban Development
PART 291—DISPOSITION OF HUD-ACQUIRED SINGLE FAMILY PROPERTY
Subpart F—Officer Next Door Sales Program
§ 291.520 How do I qualify to purchase a home through the Officer Next Door Sales Program?