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CDC Blog (32)

Happy Homeownership Month!

16 June 2014 Written by
CDCU Launches New Programs to Support Homebuyers & Homeowners June is Homeownership Month and Community Development Corporation of Utah (CDCU) is here to help potential homebuyers as well as homeowners be successful and self-sufficient in homeownership for the long haul.  CDCU is a great resource for you or someone you know who is considering a home purchase, whether it be this summer or down the road a couple of years.  CDCU's services help potential homebuyers from the very first steps of financial readiness through final closing on your home with our new Homeownership Pathway.  CDCU's Homeownership Pathway provides support throughout…

CDCU Now Offers Affordable Mortgage Lending with the New HomeFit Loan

16 June 2014 Written by
This month, CDCU is excited to begin offering a mortgage loan product that is an affordable alternative to many other available options.  CDCU's new HomeFit Loan for first-time homebuyers is a unique mortgage product with a 2% down payment requirement.  Unlike many loans with low down payment requirements however, the HomeFit Loan does not require mortgage insurance which is often a significant cost in monthly mortgage payments.  Furthermore, homebuyers who receive the HomeFit Loan will benefit from the support of CDCU's award-winning housing counseling team throughout the home purchase process.  CDCU strives to help all homebuyers and homeowners to be…

Achieve Your Dream of Owning a Home with CDCU's Homeownership Pathway

16 June 2014 Written by
Buying a home can be stressful, but CDCU's new Homeownership Pathway offers support throughout the home purchase process to empower you to make great decisions and find the perfect house to call home.  CDCU's services help potential homebuyers from the very first steps of financial readiness through final closing on your home with our Homeownership Pathway.  While CDCU offers services for those at any stage in the home purchase process, the Homeownership Pathway begins with our Financial Fitness class, a three-part workshop desinged to help you create a budget, establish savings goals, and address any credit or debt issues that…

Financial Fitness for FREE!

16 June 2014 Written by
Financial Fitness is a three-part workshop that can empower you to gain control of your money and to reach your financial goals.  Whether you are looking to purchase a home, save money, or ease the worry and stress of credit card debt, Financial Fitness can help you take a proactive approach to managing your money and planning for the future.  Space is limited.  Classes start monthly.  Sign up at www.cdcutah.org.  Use the code FinancialFitness to get the class for FREE!  (A $45 value)     Financial Fitness Class Upcoming Start Dates: July 9th Aug. 6th Sept. 10th Oct. 8th Nov.…

CDCU Partners with Lead Safe Salt Lake to End Childhood Lead Poisoning

15 April 2014 Written by
Lead is a metallic element that has a lot of important uses, but it is toxic to kids. Thankfully, Salt Lake County won another competitive round of federal funding for the next two years to help low-income families mitigate lead-based paint exposure to children. CDCU is a partner to this important project, and is working hard to get the word out to families who may be eligible for help. Here are some important facts about lead hazards:          Exposure to lead causes health, behavior, and learning problems, especially for children under six years of age          Homes built before 1978…

Share the Sun with Goal Zero and CDCU: Update on Leota Family

18 December 2013 Written by
Thanks to all who have donated to the Leota Project! End of the year charitable donations seem to have kicked in this month! We have raised a little over 25% of the goal for the GoalZero backup batteries. These donations are from friends, family, community members and GoalZero customers who have donated their Sun Shares. We are also pleased that ASSIST Utah has joined CDCU and the Salt Lake County Green and Healthy Homes Program for this project. They will be contributing to the accessibility improvements - a new wheelchair ramp and bathroom modifications and upgrade the electrical service to…

Another Great Project with Wells Fargo!

27 November 2013 Written by
Another great project starts with help from Wells Fargo 15 November 2013 Our thanks go out to the to 17 generous volunteers from Wells Fargo Bank who helped us get a head start on a new project that will become the first home for an eligible family, and will help to spruce up a great neighborhood in West Valley City, too. Purchased last summer, this house was in tough shape, and it was unlikely that any new buyer would have the resources to do the work necessary to bring it up to the minimum health and safety standards. That’s where…

Share the Sun with Goal Zero and CDCU

05 November 2013 Written by
  What would you do if the electricity in your home was frequently out and you had two family members dependent on electrical medical equipment? We suspect you would worry, just like Emma and Ma Ching Leota. You might also trade off using your own medical equipment with your spouse to avoid tripping a fuse at night because too many medical appliances overwhelm the electrical panel, just like Emma and Ma Ching. We are pleased to announce a new partnership with local business,  GoalZero, maker of innovative portable power products. GoalZero joins the Community Development Corporation of Utah and Salt…

Home Depot + CDCU = Safe & Healthy Home for Helen Lange

18 October 2013 Written by
  Last week, Community Development Corporation of Utah partnered with The Home Depot Foundation and Salt Lake County to help Helen Lange, a veteran and single mom of four who suffers from PTSD and other injuries. She needed help in repairing her home and yard. The Home Depot Foundation’s annual Celebration of Service Program took care of material costs, while Home Depot employees organized and completed the work. Everyone did a fantastic job! Check out the link to see photos of the 70+ dedicated volunteers at work. Helen originally applied for help through the Salt Lake County Green and Healthy Homes Program.…

Down Payment Assistance Available

22 July 2013 Written by
Down Payment Assistance (DPA) funds are currently available in Murray City, Salt Lake City proper & unincorporated areas of Salt Lake County (Manga, Kearns, Millcreek, White City, Copperton).  This assistance is administered by Community Development Corporation Utah for income-eligible, first-time homebuyers who need help with their down payment and/or closing costs.  There are a few changes to the DPA program this year that homebuyers & professionals should be aware of. First is that a borrower must contribute more of his/her own money toward the purchase of a home when utilizing the DPA.  The new guideline requires a potential buyer to…
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