REO Discount Sales to Approved Non-Profits and Government Entities


•Non-Profit Organizations and Government Agencies offerings will be made available pursuant to HUD program policies.
•Non-Profits must be approved by HUD to participate in the Single Family Property Disposition Discount Sales Program.
•During the Lottery Period, qualified Non-Profits and Government agencies may purchase only in their approved purchase areas:
•Uninsured properties located within revitalization areas at a 30% discount (Winning and back up offer are first selected from individual officers and teachers)

Uninsured properties located outside of a Revitalization Area at a 10% discount

For further details click here.