(205) 731-2630 ext. 1101
December 8, 2003
HUD DESIGNATES 20 JEFFERSON COUNTY REVITALIZATION AREAS
Deep Discounts on HUD Homes for Law Enforcement Officers, Public School Teachers and Approved Nonprofits
BIRMINGHAM, AL - Housing and Urban Development announces the designation of 20 Jefferson County Revitalization Areas, enabling law enforcement officers and public school teachers to buy HUD Homes in those areas at 50% discount under the Officer Next Door and Teacher Next Door programs. The programs aim to encourage the stabilization and revitalization of distressed neighborhoods by giving incentives for professionals to live in the neighborhoods they serve.
To be eligible, law enforcement officers and teachers must be employed
full-time and agree to make the homes their sole residence for three
years following the purchase. In addition, teachers must work in
the areas in which the
homes are located.
HUD Homes are properties financed by FHA insured loans on which the residents defaulted, leading to HUD paying off the lender and assuming management of the property. HUD sells these properties on the open market at appraised values.
The publication of revitalization areas also gives incentives to
HUD approved nonprofit organizations to buy and rehabilitate HUD
Homes for purchase by people of moderate incomes. HUD approved nonprofits
receive a 30%
discount on qualifying properties in the revitalization areas. More information about these programs is available on
Revitalization areas are located in the following zip codes: 35020,
35022, 35024, 35064, 35068, 35203, 35204,
35205, 35206, 35207, 35208, 35211, 35212, 35215, 35217, 35218, 35222, and 35224.
HUD is the nation's housing agency committed to increasing homeownership,
particularly among minorities, creating affordable housing opportunities
for low-income Americans, supporting the homeless, elderly, people
with disabilities and people living with AIDS. The Department also
promotes economic and community development as well as
enforces the nation's fair housing laws. More information about HUD and its programs is available on the Internet.