Disposition of HUD-Acquired Single Family Property; Officer Next Door Sales Program

This interim rule amends HUD's regulations that address the disposition of HUD-acquired single family properties to codify the policies and procedures concerning the Officer Next Door Sales Program (OND Sales Program). The OND Sales Program has been operating since August 11, 1997 as a temporary program. This interim rule establishes the OND Sales Program as a permanent part of HUD's single family property disposition program. Through the OND Sales Program, HUD makes HUD-acquired single family homes available to law enforcement officers for purchase at a discount from the list price. A home purchased through the OND Sales Program must be located in a HUD-designated Revitalization Area or HUD-approved exception area, and the law enforcement officer must agree to own and live in the home as his or her sole residence for a specified period of time. Governmental entities and private nonprofit organizations may also purchase homes through the OND Sales Program, if they intend to resell these homes directly to law enforcement officers under the terms and conditions of the OND Sales Program.