HUD is offering several new sales incentives on HUD homes that will make these homes more affordable for homebuyers. The incentives vary from state to state, but may include the following:

  • $100 down payments on HUD Homes financed with FHA-insured financing
  • Sales allowances that can be used to pay closing costs, make repairs, or pay down the mortgage amount

The Atlanta Homeownership Center is currently offering the $100 Down Payment Incentive for all eligible HUD real estate owned (REO) properties in the following states:

  • Alabama
  • Florida
  • Georgia
  • Illinois
  • Indiana
  • Kentucky
  • Mississippi
  • North Carolina
  • South Carolina
  • Tennessee
  • Puerto Rico/Virgin Islands

Purchasers must be owner-occupants and utilize FHA insured financing. Please contact your FHA lender or HUD approved Real Estate Agent for more information. For specific details on sales incentives available in a state, please visit the HUD Homestore to view available properties