The Chenoa Fund

The Chenoa Fund is an affordable housing program that provides a down payment solution in conjunction with FHA loans. It fulfills a need for qualified homebuyers that do not have or do not want to use their own funds for a down payment. There are three different programs available to fit most homebuyer’s unique needs. The three programs are Grant/Gift, Forgivable Soft Second & the Repayable Second. Find out more about each program: Grant/Gift Forgivable Second Repayable Second
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Categories: State Wide Programs.

Utah Housing Corporation Down Payment Assistance

The Utah Housing Corporation offers several options for down payment assistance programs for first time buyers and buyers who have previously owned a home. Utah legislation created the Utah Housing Corporation (UHC) in 1975 to serve the public to provide an adequate supply of money with mortgage loans at a reasonable interest rate. This Utah mortgage homebuyer program is very helpful with low to moderate income families. Since the UHC was created it has grown to offer five different types of programs. Each program has its unique advantages and helps Utah home ownership grow. You can explore each loan by
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Categories: State Wide Programs and Utah Housing.

West Jordan, Utah $10,000 First Time Homebuyer Grant Money Program

The City of West Jordan, Utah is providing up to $10,000 for first time homebuyers that purchase a home within West Jordan City limits. This grant may be applied to half of the required down payment and/or one-time closing costs. Funds are distributed on a first-come, first-serve basis. The home buyer must occupy the home for at least five (5) years following the purchase, any change in ownership or occupancy will require repayment of the grant funds. After five (5) years the grant is forgiven in full. If the home is sold or ceases to be occupied by the home
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Categories: Salt Lake County.

Tooele, Utah $10,000 First Time Buyer Program

The Tooele County Housing Authority (TCHA) helps qualified first time home buyers purchase a home by providing a federally funded loan of up to $10,000 to assist with down payment and/or closing costs. Loans are dispersed on a first come, first serve basis and can be applied to the purchase of a single-family home, condo, cooperative unit, or combination of manufactured housing and lot. Qualifications & Requirements: No homeownership in the last three (3) years Applicant must contribute $1,000 of own money Applicant must attend a Housing and Urban Development (HUD) approved homebuyer education class and provide a certificate of
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Categories: Tooele County.

Clearfield Utah $7,500 Homebuyer Grant Program

Clearfield City’s Down Payment Assistance (CCDP) is a federally funded first time home buyer grant program that will contribute up to $7,500 to qualified applicants looking to buy a home in Clearfield. The grant funds are distributed as a one (1) to one (1) match. For example: Applicant has a $5,000 to put towards the purchase of a home within Clearfield city limits, the CCDP will contribute $5,000 towards the home. Applicant must contribute a minimum of 50% of required funds and the grant funds can be used for down payment and/or closing costs. Grant funds are treated as a
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Categories: Davis County.

West Valley First Time Home Buyers Grant Program

If you are a Utah first time home buyer looking to buy a home in West Valley City Utah a $14,999 government grant program can help make buying a home a little easier. The West Valley Down Payment Assistance Program (DAP) offers funds to help low to moderate income families realize their dream of owning a home. The funds are provided by HOME funds and the CDBG and may be used for down payment and/or closing costs. This West Valley grant does not have to be repaid so long as the homeowner resides in the home for at least five
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Categories: Salt Lake County.

Davis County $5,000 Home Buyer Grant

Davis County offers a down payment assistance program for all qualified first time homebuyers. Applicants can obtain $5,000 to assist with closing cost and/or down payment when they apply for this government grant money. The funds will be treated as a zero interest, no monthly payment loan as long as you occupy the home for at least five (5) years. The grant funds received through this program will be forgiven at a declining rate over a five (5) year residency requirement from the date of closing and will be fully forgiven after five (5) years. Repayment will be required if
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Categories: Davis County.

$10,000 At Home in Layton Utah Down Payment Assistance

“At Home in Layton” is a first time home buyer grant money program offered by Layton City Development Block Grant Program in cooperation with U.S. Department of Housing and Urban Development (HUD). Eligible home buyer applicants will receive up to $10,000 in grant money that may be used towards 50% of the down payment closing costs or a principal reduction. The Layton City first time homebuyer grant is forgiven in full If you live in the home for at least five (5) years. If the home buyer ceases to occupy the property within the first five (5) years the grant
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Categories: Davis County.

Salt Lake Neighborhood Home Grant

If yu are a Utah first time homebuyer looking for a home in Salt Lake City, a $39,000 neighborhood down payment assistance grant is available. The “Own in Salt Lake City” program is a federally funded, deferred loan/grant program. This program assists eligible first time homebuyers purchase single family homes with a deferred loan/grant up to $39,000. If you are purchasing outside of Salt Lake City you may qualify for the Salt Lake County First Time Buyer Program. Qualifications & Requirements for Salt Lake City Home Grant: • Must purchase within Salt Lake City boundaries• Actual grant amount will be
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Categories: Salt Lake County.