Down Payment Assistance for First-time Homebuyers in the Salt Lake City Area

Community Development Corporation of Utah uses federal income guidelines to determine eligibility for its Down Payment Assistance programs. The table above shows 80% of median income in the Salt Lake County Metropolitan Statistical Area as of April 2021.
†Household income is defined as all income received by household members who will be living in the home, even if they are not on the mortgage.

• Applicants must be a first-time home buyer as defined by HUD & the household income must be at or below 80% of the Area Median Income (AMI)
• Applicants must meet debt ratios, residual income, cash reserve, assets, and minimum contribution requirements. (Underwriting details available online and listed in the application)
• Applicants must complete a Homebuyer Education course & Counseling session (By a HUD approved agency)
• Applicants must be under contract (have an accepted offer to purchase a property) at the time of application
• Applications are first come, first qualified—no waiting lists, no funds reserved