| The downpayment assistance (DPA) programs administered by the Community Development Corporation of Utah (CDC) are federally funded and are to be used to HELP income eligible first time homebuyers purchase single-family homes. Funds can only be used for closing or downpayment costs. There are a limited number of loans available each year and qualified applicants will receive their financial award on a first come, first serve basis. |
| Areas Served: CDC currently administers DPA programs for Magna, Kearns, Salt Lake City, Sandy. CDC may also have funds available for communities that do not currently have downpayment assistance funds. See applications at the bottom of this page. Please contact us at info@CDCutah.org to find out where funds are available before filling out and sending us your application. |
Eligibility Guidelines for Downpayment Assistance*
CDC uses Federal Income Guidelines (80% of area median income) to determine eligibility for our programs.
Household income includes ALL income earned by ALL adults over the age of 18 living in the home. If you make less than the guidelines listed below you are eligible to apply.
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Household Size
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Max. Yearly
Household Income
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| 1 Person |
$38,000 |
| 2 Persons |
$43,400 |
| 3 Persons |
$48,850 |
| 4 Persons |
$54,250 |
| 5 Persons |
$58,600 |
| 6 Persons |
$62,950 |
| 7 Persons |
$67,250 |
| 8 Persons |
$71,600 |
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| *80% of Median Income in the Salt Lake County Metropolitan Statistical Area (MSA), Revised by HUD effective April 27, 2009. |
- The amount of the down payment cannot exceed 6% of the sales price or $10,000.
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- Maximum Sales Price: $230,000
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- Debt-to-Income Ratio: 45%
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- Mortgagees must comply with FHA Fees Guidelines
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- Applications are “first come, first served”. No waiting lists.
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Summary of Areas with Down-Payment Assistance Grant Programs
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Downpayment Assistance Applications
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| Salt lake City |
| Salt Lake County (Magna and Kearns) |
| Sandy |
| Murray |
| Downpayment Assistance Flyer Includes contact information for other communities with down payment assistance programs. |
