CDC Blog (38)

2014 CDCU Annual Report

19 December 2014 Written by
This year marks 25 years of CDCU supporting affordable homeownership and neighborhood revitalization in Utah!  Check out our 2014 annual report to see some of the many achievements of CDCU in the past year.

It Takes a Village: Teamwork and Volunteerism Help to Revitalize a Home

01 December 2014 Written by
Teamwork and Volunteerism Help to Revitalize a Home and Make a Big Impact in a Kearns Neighborhood With the help of two groups of hard working volunteers, Community Development Corporation of Utah (CDCU) and Salt Lake County were able to successfully rehabilitate a dilapidated house in Kearns while making an even bigger impact on overall neighborhood revitalization and community building.  The house at 5111 South 4460 West was part of CDCU and the County’s highly successful Idea House program in which one of the most run-down houses in a neighborhood is acquired and rehabilitated to enhanced standards of health, safety,…

Fall Home Maintenance Tips

22 October 2014 Written by
Keeping your home in great shape is a cinch if you stay on top of regular home maintenance! This fall, spend a day checking some of these these items off your to-do list: Test smoke & carbon monoxide detectors Change of clean furnace filters Dust blinds & vacuum curtains to decrease allergens Clean kitchen & bathroom cabinets & throw away outdated foods, medicines, & cosmetics Store outdoor furniture to keep it in good shape throughout the winter Clean gutters

Is HomeFit a Good Fit for You?

22 October 2014 Written by
CDCU's HomeFit Loan Provides an Affordable Options for Mortgage Lending and Refinancing CDCU strives to meet the needs of homebuyers to help them be successful in the long term. In recent years, CDCU recognized a serious barrier to homeownership faced by many families. In the wake of the recession and housing market crash, mortgage lending was restricted considerably and working families found themselves with far fewer lending options. For homebuyers who are unable to save enough for a large down payment, Federal Housing Authority (FHA) loans became the only option in many cases. However, FHA loans have become increasingly expensive,…

Buying or Selling a Home?

21 October 2014 Written by
CDCU has real estate agents available to represent both buyers and sellers.  We offer friendly, no-pressure agents who are looking out for your best interests.  CDCU wants you to be a successful homeowner now and for years to come.  Our goal is to exceed your expectations!  Contact CDCU today to learn more about our real estate agent services.

Rain or Shine, CDCU Clients Have a Good Time

21 October 2014 Written by
CDCU's first every Client Appreciation Event in September was a tremendous success in spite of the rainy weather.  Free tacos, a bounce house, face painting, raffles, and other giveaways made for a fantastic day of family fun.  Thanks to all those who attended and for those who weren't able to attend, keep your eyes out for upcoming CDCU events!  Follow us on Facebook to keep up on all of CDCU's special events and great services. And save the date!  Our next Client Appreciation Event is Saturday, June 27th, 2015!

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  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.…
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