What Utah Housing Grants are Available?



Getting a Utah Housing Grant is usually easy if you know what is available to you. It is a fact that there are millions of dollars in Utah Grants for Utah Home Buyers. There are a variety of sources that provide Utah Housing Grants.  Some are charitable institutions, individuals, and government Agencies. Unfortunately, most home buyers do not know where to turn to find out how to qualify for these grants. You can see if you qualify here. –Utah Home Grant

Utah Housing Grants can range from $20,000 to as little as $2,000. The amount will usually depend on the area you are purchasing your home. Utah County Grants can be as high as $15,000! Most of the Utah Grants will forgive all of the money given after a period of time in the home, however, some of the home buyer grant programs require you to pay a portion or all of the money back.

It is up to you to understand the particular Utah Grant you qualify for and the requirements for payback, if any. You can get a free book describing the Utah Housing Grants available posted in this article.

F.A.Q.

How Do I Know if I qualify for a Utah Housing Grant?

—There are dozens of different grants in Utah. Each grant has its own guidelines.  Just to name a few examples: Provo will allow for a grant of up to $20,000, but you have to buy in the “Pioneer Neighborhood”. Participating cities in Utah County will calculate the grant amount depending on how old the home is. Participating cities in Salt Lake County offer $10,000 for first time homebuyers only. All the grants have different restrictions the best thing to do is get some help to see if you qualify.

How Much of a Grant Can I Get?

— Each grant will be different. You can get from as little as $2,000 up to 50% of the purchase price off the home.

Does Utah only Offer Grants to First Time Home Buyers?

—Most of the Utah Housing Grants are targeted for First Time Home Buyers, but it is always best to check even if you are not a First Time Home Buyer. Recently the “Home Run Two Grant” in Utah was available for all occupant buyers.

What are the income limits for Utah Grants?

—Each grant is different most will usually run from 50% to 125% of the Area Median Income (AMI). For example: A $15,000 Utah County Grant has a four household income limit of $48,000.

More Info on Government Grant Money in Utah:

West Jordon Grant $5000
Salt Lake Mortgage Grant $10,000
Orem Mortgage Grant Money $15,000

Mike Harrison
Principal Lending Manager
Email: mike (at) firstfedmort.com
801-404-3540 Cell (Text or Call)
888-800-1629 Toll Free

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2 Responses to “What Utah Housing Grants are Available?”

  1. Jared Wangsgard April 24, 2010 at 6:14 am #

    Ogden City also offers a great program where buyers can get up to $5,000 on qualifying homes. The best part is the money doesn’t have to be paid back if the buyer commits to living in the home for at least 5 years.

    Great post

  2. Mike November 6, 2010 at 10:02 am #

    In the U.S., the most common agency that issues housing grants is the Department of Housing & Urban Development (HUD), which aims to create affordable housing for its citizens. These grants, while paid for with national money, are often administered on the local level through a city or county office.

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