Community Partners Next Door Act of 2005

Summary

Community Partners Next Door Act of 2005 - Amends the National Housing Act to provide: (1) a 50% discount for teachers, teacher assistants, administrators, and public safety officers purchasing certain eligible asset properties for use as their primary residence; (2) a $100 downpayment on any related insured mortgage; and (3) a higher Federal Housing Administration (FHA) loan limit for such purchases in high-cost areas. Authorizes such sales directly to a qualifying individual or to a unit of local government or a nonprofit organization for resale to such individual. Directs the Secretary of Housing and Urban Development (HUD) to carry out a program to inform teachers and public safety officers about such program.

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Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 9 November 2005

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• Introduced in House (PDF)

  Introduced in House · EN · 9 November 2005

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• Introduced in House

  summary · EN · 9 November 2005

  Open at official source

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