---
kind: "section"
citation: "24 C.F.R. § 291.515"
title: "24"
number: "291.515"
heading: "Purchaser qualifications."
url: "https://uscodex.org/cfr/24/291.515"
---

# §291.515. Purchaser qualifications.


To qualify to purchase a home through the GNND Sales Program:

- (a) The person must be employed as a law enforcement officer (as described in [§ 291.520](/cfr/24/291.520.md)), teacher (as described in [§ 291.525](/cfr/24/291.525.md)), or firefighter/emergency medical technician (as described in [§ 291.530](/cfr/24/291.530.md)) at the time he/she submits a bid to purchase a home through the program and at the time of closing on the purchase of the home;
- (b) The person must certify to his/her good faith intention to continue employment as a law enforcement officer (as described in [§ 291.520](/cfr/24/291.520.md)), teacher (as described in [§ 291.525](/cfr/24/291.525.md)), or firefighter/emergency medical technician (as described in [§ 291.530](/cfr/24/291.530.md)) for at least one year following the date of closing;
- (c) The person must make an earnest money deposit at the time of signing the contract for purchase of the home, as described in [§ 291.535](/cfr/24/291.535.md);
- (d) The person must agree to own, and live in as his/her sole residence, the home for the entire duration of the owner-occupancy term, as described in [§ 291.540](/cfr/24/291.540.md), and to certify to that occupancy, as described in [§ 291.565](/cfr/24/291.565.md);
- (e) The person must agree to execute a second mortgage and note on the home, as described in [§ 291.550](/cfr/24/291.550.md), for the difference between the list price and the discounted selling price;
- (f) Neither the person (nor his/her spouse) may have owned any residential real property during the year prior to the date of submitting a bid on the home being acquired through the GNND Sales Program;
- (g) Neither the person (nor his/her spouse) must ever have purchased another home under the GNND Sales Program or under the predecessor Officer Next Door Sales and Teacher Next Door Sales Programs; and
- (h) Although both spouses, if otherwise eligible, may submit a bid on a single home made available for sale under the GNND Sales Program, HUD will approve a bid from only one spouse.

## Notes

### Source

Source: 71 FR 64426, Nov. 1, 2006, unless otherwise noted.

### Authority

Authority: 12 U.S.C. 1701 et seq.; 42 U.S.C. 1441, 1441a, 1551a, and 3535(d).

### Source

Source: 56 FR 46956, Sept. 16, 1991, unless otherwise noted.