Department of Housing and Urban Development's Dollar Homes Program

by: Iola Bonggay

The Department of Housing and Urban Development, otherwise known as HUD, is a Cabinet department in the Executive branch of the US federal government.

The Department of Housing and Urban Development's work is geared towards the creation of strong and sustainable communities as well as decent, quality homes that are available for all.

In addition to all its existing housing programs, HUD has recently established the Dollar Homes Program.

The Dollar Homes Program revolves around the process of selling single family homes for a superbly reasonable price of $1 (plus closing cost) to low-to-moderate income families, granted that these houses have been acquired through foreclosure by the Federal Housing Administration, and have already been actively marketed for at least six months and still remained unsold after that certain period of time.

The primary goal of the Dollar Homes Program is to provide assistance and foster housing opportunities for low-to-moderate income families, thereby addressing certain community needs.
  (continued...)

Department of Housing and Urban Development's Dollar Homes Program
  Page 2

About The Author Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. She also maintains Websites providing resources on environmental grants and grants for youth programs.

Additional Resources

category - Minority Grants

Federal and State Technology Partnership Program
The Federal and State Technology Partnership Program works around the objective of being able to boost and strengthen the technological competitiveness of small business establishments in the United States of America.

---

Community Development Financial Institutions
Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.

---

Developing and Strengthening Services and Systems that Support Family Cohesion and Respond to the Separation of Children in Democratic Republic of Congo
USAID-DRC has established a program entitled Developing and Strengthening Services and Systems that Support Family Cohesion and Respond to the Separation of Children in Democratic Republic of Congo.

---

Ethical Schools Project in Peru
The Ethical Schools Project revolves around the notion of promoting a culture of ethical behavior and civic responsibility among members of the youth, as well as teachers and parents. The project also aims to explore ways that would contribute to a reduction in corruption and other forms of illicit activities such as cocoa cultivation and illegal environmental degradation, which are both common practices in Peru.

---