The United States Department of Housing and Urban Development (HUD) is offering homes for $100 down payment in select states.
The buyer must live in the home, secure finanincing insured by the Federal Housing Administration (FHA), and the sale must be for the full list price.
The program has been approved for two of the four national regions. The regions mananged by the Atlanta and Denver Homeownership Centers.
HUD homes in the following states listed are eligible:
Denver Homeownership Center
Atlanta Homeownership Center
Let’s see if the State of California will be allowed to participate in this program.