Hud Revitalization Areas
Foreclosed properties conveyed back to FHA that are
located in a designated ACA are first offered for sale to an ACA
participant. Under the ACA Program, state, county and local units of
government, as well as approved nonprofit organizations may enter into a
two-year contract with HUD requiring HUD to first make FHA properties
located in an ACA exclusively available for sale to the ACA participant.
ACA properties with an appraised value of $25,000 or less may be
purchased for $100; all other properties sold under the ACA Program are
offered for sale at a minimum discount of 50 percent of the appraised
property value.
Hud Revitalization Areas
Hud Revitalization Areas
Hud Revitalization Areas
Hud Revitalization Areas
Hud Revitalization Areas
Hud Revitalization Areas
Hud Revitalization Areas
Hud Revitalization Areas
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