Administered by:

AmeriDream Charity, Inc

Program Name:

Down Payment Assistance

Type of Assistance:

Grant

Maximum Assistance Amount:

5% of purchase price.

Purpose:

Purchase

Brief Program Description:

Provides downpayment assistance to low and moderate income homebuyers who demonstrate the need for financial assistance.

General Property Requirements:

Property must be from a Builder/Seller who has enrolled his or her home in the AmeriDream Program.

Area Served:

State of Utah

General Applicant Requirements:

Buyers must qualify for a loan that allows Gift Funds.

To qualify or for more information, contact:

The Ameridream Charity, Inc.

Telephone:

(866) 263-7437 or (301) 977-9133

Email:

info@ameridream.org

Administered by:

Partners in Charity

Program Name:

Down Payment Assistance Program

Type of Assistance:

Grant

Maximum Assistance Amount:

10% of purchase price.

Purpose:

Purchase

Brief Program Description:

Funds to help homebuyers with downpayment costs.

General Property Requirements:

Contact agency for any property requirements.

Area Served:

State of Utah

General Applicant Requirements:

Meet income limits.

To qualify or for more information, contact:

Partners in Charity

Telephone:

(800) 705-8350

Email:

N/A

Administered by:

Futures Home Assistance Program

Program Name:

Futures Home Assistance Program

Type of Assistance:

Grant

Maximum Assistance Amount:

6% of the purchase price.

Purpose:

Purchase

Brief Program Description:

Gifts of up to 6% of the purchase price are made based on the purchaser's ability to qualify for a loan and seller's participation in the program. This allows the buyer to be able to purchase with no money out of the pocket.

General Property Requirements:

Contact lender for any property requirements.

Area Served:

State of Utah

General Applicant Requirements:

Contact lender for any applicant requirements.

To qualify or for more information, contact:

Futures Home Assistance Program

Telephone:

(800) 672-4055

Email:

mbornstein@fhap.org

Administered by:

Home Quest Down Payment Fund, Inc

Program Name:

Home Quest Program

Type of Assistance:

Grant

Maximum Assistance Amount:

6% of the purchase price.

Purpose:

Purchase

Brief Program Description:

We will provide a gift of up to 6% of the purchase price for help with down payment and closing costs.

General Property Requirements:

1) The purchase price must be $300,700 or less. 2) The seller must be willing to participate in the program.

Area Served:

State of Utah

General Applicant Requirements:

Any buyer who has been approved for a loan that allows gift funds from a charitable organization.

To qualify or for more information, contact:

Crystal Stucker, CEO of Home Quest Down Payment Fund, Inc

Telephone:

(301) 330-3462

Email:

info@homequestdownpayment.org or cstucker@homequestdownpayment.org

Administered by:

United American Housing and Education Foundation

Program Name:

Alliance Housing Assistance Gift Funds

Type of Assistance:

Grant

Maximum Assistance Amount:

Up to $10,000.

Purpose:

Purchase

Brief Program Description:

Through the Alliance Housing Assistance Gift Program we make the “Dream of Homeownership” a reality for as many prospective homebuyers as possible by providing gift funds for down payment and closing costs. We at UAHEF attempt to address the “Affordability Challenge” by providing the resources for prospective homebuyers to obtain decent, affordable housing

General Property Requirements:

Can be used with any home loan program that allows gift funds from a non-profit charitable organization to cover borrower required down payment, closing costs and prepaid expense.

Area Served:

State of Utah

General Applicant Requirements:

Applicant need only qualify for a loan program that allows gift funds from a non-profit charitable organization. See FAQ's at www.allianceassistance.org

To qualify or for more information, contact:

David Hail, Executive Vice President

Telephone:

(800) 690-2567

Email:

d.hail@allianceassistance.org

Administered by:

Rural Housing Service

Program Name:

Rural Housing Guaranteed Loan

Type of Assistance:

Loan

Maximum Assistance Amount:

Contact agency for amount.

Purpose:

Purchase / Rehabilitation

Brief Program Description:

Used to help low-income individuals or households purchase homes in rural areas. Funds can be used to build, repair, renovate or relocate a home, or to purchase and prepare sites, including providing water and sewage facilities.

General Property Requirements:

Property must be in rural area.

Area Served:

State of Utah

General Applicant Requirements:

Meet income limits.

To qualify or for more information, contact:

Dave Brown, Director, Rural Housing Programs

Telephone:

(801) 524-4323

Email:

Dave.Brown@ut.usda.gov