What Programs are in Place to Assist Individuals and Families?
The City of St. George offers a first time home buyer program:
- This zero interest loan provides up to $10,000 toward down payment and closing cost assistance and is available for homes located in St. George City limits. For more information contact Darren Janes at (435) 673-3548, djanes@fivecounty.utah.gov or simply refer to: City of St. George Down Payment Assistance Program or Down Payment Assistance Program Application
Congress enacts bigger and better Home Buyer Tax Credit!
- A tax credit of up to $8,000 is now available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before April 30, 2010. In addition, a tax credit of up to $6,500 is now being provided for qualified repeat home buyers. Use the attached link to learn more about the tax credit www.federalhousingtaxcredit.com
Hurricane City: Affordable Housing Grant
- The City of Hurricane recently established the “Home to Hurricane” affordable housing grant to provide qualifying 1st time homebuyers with up to $2,000 towards closing costs. For more information contact Toni Foran at (435) 635-2811 ex. 118 or tonif@infowest.com
Color Country Community Housing provides several programs to assist families with attainable housing needs:
- The Mutual Self Help Housing program enables residents to gain sweat equity in their new homes. For more information contact Color Country Community Housing at (435) 673-3131 or learn more at www.ccchi.net
Several area Utility Companies offer cash incentives for utilizing energy efficient measures. For more information refer to: www.dixiepower.com/programs.htm; http://www.thermwise.com/; http://homeenergysavings.net/utah/forms.html
The Five County Association of Governments offers a first time homebuyer program:
- “Achieving the American Dream” program provides up to $2,000 toward down payment and closing cost assistance for homes purchased in the Beaver, Garfield, Iron, Kane and Washington Counties. For more information contact Danna Alvey at (435) 865-0195
The Utah Housing Corporation provides resources to assist in the creation of attainable housing opportunities:
- The First Home and First Home Plus programs offer below-market, 30 year fixed rate loans to qualifying homebuyers. Contact Utah Housing Corporation at (801) 902-8200 or learn more at www.utahhousingcorp.org
The Utah Individual Development Account Network promotes financial advancement with the opportunity, incentive, and support necessary to acquire productive assets, such as a first home.
- For more information on setting up an Individual Development Account call (877) 787-0727 or learn more at www.faircredit.org/ida_brochure.pdf