HUD Good Neighbor Next Door Program

Law enforcement officers, pre-Kindergarten through 12th grade teachers and firefighters/emergency medical technicians can contribute to community revitalization while becoming homeowners through HUD’s Good Neighbor Next Door Sales Program. HUD offers a substantial incentive in the form of a discount of 50% from the list price of the home. In return you must commit to live in the property for 36 months as your sole residence.

via HUD Good Neighbor Next Door Program.

CDLAC Applicant Information

Extra Credit Home Purchase ProgramExtra Credit Home Purchase Program DescriptionState and local governmental agencies and joint powers authorities can issue tax-exempt mortgage revenue bonds MRBs or mortgage credit certificates MCCs to assist teachers, principals and other credentialed school staff to purchase homes. These agencies and authorities may issue MRBs, the proceeds of which back below market interest rate mortgages. As an alternative to issuing MRBs, state and local governmental agencies and joint powers authorities may issue MCCs. Homebuyers use the MCC to reduce their federal tax liability by applying the credit to their net tax due.

via CDLAC Applicant Information.

California Student Aid Commission – APLE for Credentialed Teachers K-12

Assumption Program of Loans for Education APLEThis program is for participants who did not apply to the APLE program as an undergraduate student and who already had a credential PRIOR to applying for the APLE for Credentialed Teachers program. It is for participants who, at the time they applied for the program, were employed as credentialed teachers at a K-12 California public school ranked in the lowest 20 percentile on the Academic Performance Index API. Participants were nominated by their County Office of Education, and agreed to continue teaching at a K-12 California public school that is ranked in the lowest 20 percentile on the API.

via California Student Aid Commission – APLE for Credentialed Teachers K-12.

California Student Aid Commission – APLE for Credentialed Teachers K-12

Assumption Program of Loans for Education APLEThis program is for participants who did not apply to the APLE program as an undergraduate student and who already had a credential PRIOR to applying for the APLE for Credentialed Teachers program. It is for participants who, at the time they applied for the program, were employed as credentialed teachers at a K-12 California public school ranked in the lowest 20 percentile on the Academic Performance Index API. Participants were nominated by their County Office of Education, and agreed to continue teaching at a K-12 California public school that is ranked in the lowest 20 percentile on the API.

via California Student Aid Commission – APLE for Credentialed Teachers K-12.

Financial Support – Become a Teacher CA Dept of Education

HUD Good Neighbor Next Door Outside SourceIn order to assist in the revitalization of specific communities, the Housing and Urban Development Department created The Good Neighbor Next Door program. Eligible pre-K through 12th grade teachers will receive a 50 percent discount from the list price of a home if they agree to live in the home for at least three years.

via Financial Support – Become a Teacher CA Dept of Education.