To amend section 204 of the National Housing Act to make HUD-owned single family properties available at a discount to individuals who teach in inner city schools.
Teacher Next Door Act - Amends the National Housing Act to authorize the Secretary of Housing and Urban Development to sell Department of Housing and Urban Development-owned single family properties at a discount to eligible elementary and secondary school teachers for use as their residences. Provides for: (1) mortgage downpayment assistance; (2) direct and indirect sales; and (3) an information outreach program.
Introduced in House
Introduced in House
Referred to the House Committee on Banking and Financial Services.
Referred to the Subcommittee on Housing and Community Opportunity.
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