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Hud-Approved Nonprofit

FHA Single Family Housing Policy Handbook Glossary November 26 2025

Updated 08-20-2026

Hud-Approved Nonprofit

A HUD-approved Nonprofit is a nonprofit agency approved by HUD to act as a mortgagor using FHA mortgage insurance, purchase the Department’s Real Estate Owned (REO) Properties (HUD Homes) at a discount, and provide secondary financing.

FHA Single Family Housing Policy Handbook Glossary November 26 2025

p. 23

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