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.

Th Chenoa program is available for First time buyers and buyers who have previously owned a home. There are no geographical restrictions in Utah for this program and is available within the entire state. Your qualifications and income will determine which program will be offered to you.

“Our affordable housing programs help meet the needs of an under-served population…”

The Chenoa Fund

Find out more about each program:
Grant/Gift
Forgivable Second
Repayable Second