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Articles  >>  Utah Home Run Housing Grant Program

Utah Home Run Housing Grant Program

The Utah Home Run Housing Grant Program provides home buyers with $6,000 worth of grants to purchase a newly constructed single family home. There are 1600 grants available to those who qualify.

Some of the highlights of the program:

Home buyers first begin by selecting the house they wish to buy with their realtor. During this time, they work with an approved, qualified, lender. A full list of approved lenders is available on the Utah Housing Corps website, www.utahhousingcorp.org. The lender and home buyer work together on the application for the grant.

There are a limited number of 1600 grants available and will be distributed to those who apply and qualify first. The current number of grants available is also posted on Utah Housings Corps website.

To qualify, you must be buying your first home and meet certain income restrictions. For single buyers, your income must be below $75,000 and below $150,000 for married buyers. This grant CAN be used in conjunction with the first time home buyer $8,000 federal tax credit. The mortgage must be on a 30 year or below fixed interest rate plan.



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