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News Review
New 4-Gov Home
Posted Date: 10/30/2013

Showcasing our newly renovated home, the city of Grand Prairie will host an open house from 11-2 p.m. on Saturday, Nov. 2. The home will be available for sale through the city’s 4-Gov program that purchases foreclosed homes, completes rehabilitation work and resells the homes at a discount to government employees working in Grand Prairie—including federal, state, county, city and school district employees.

The open house will be located at: 2671 Blackstone Drive, Grand Prairie

For details on eligibility requirements and how the program works, visit www.gptx.org/4gov

The discount offered by the city is made possible by federal funds for creating homeownership opportunities and stabilizing neighborhoods through the buying and rehabilitating of foreclosed properties. As the city buys and rehabilitates properties, the houses for sale are posted on the city website, www.gptx.org. As homes are sold, the city recycles the program income off the sale of the property and purchases another home to rehabilitate and sell to eligible applicants.

The 4-Gov program is part of the Neighborhood Stabilization Program, which was established by the Department of Housing and Urban Development (HUD) to specifically provide targeted emergency assistance for state and local governments to acquire and redevelop foreclosed properties.

4-Gov Blackstone