There are many home buying grants available to Buyers throughout Utah. It’s very important that your Realtor & Mortgage Lender is educated in the available grants. Grant money sometimes can be used towards your down payment and doesn’t ever have to be paid back!
There are Federal, State, County & City grants available to those who qualify.
Federal Tax Credit:
$8,000 First Time Home Buyers (Good until May, 2010)
Utah State Grants:
ADDI Grant – $2,000 Grant
County Grants:
Utah County: $5,000
Tooele County: $2,000
Davis County: $2,000
City Grants:
Sandy: $10,000
Kearns: $10,000
Magna: $10,000
Taylorsville: $5,000
West Valley City: $5,000
West Jordan: $5,000
Ogden: $5,000
Most cities only allocate so much money towards these programs and frequently run out of funds. You can also qualify for more than one grant – so you can tack them all together! West Jordan just announced they just received additional funds and will begin taking applications. Sandy has also received additional funding and now has up to $10,000 available to those who qualify. Grants come and go so don’t delay if you are considering buying.
There are steps to qualify for the Grants, so its never too early to call and discuss a startegy to obtain them.
James Graham
Coldwell Banker Residential
801-898-7653
JamesGrahamRealtor@gmail.com
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