Money Still Left In Utah’s First Time Homebuyer Program, But Few Homes

Money Still Left In Utah’s First Time Homebuyer Program, But Few Homes

(Salt Lake City, UT) — There is money left in Utah’s first time homebuyer program, there just aren’t very many homes to buy. The state continues to offer a 20 thousand-dollar interest free loan for first time home buyers, but only if they buy a home under 450-thousand-dollars. But, real estate agents say there are only 652 homes under 450-thousand-dollars across the state. There aren’t any below 450-thousand in Salt Lake County. The Utah Housing Corporation, which oversees the program, says there are conversations about making adjustments to the program. But leaders say nothing is certain.