There are two down payment assistance programs in Davis County. They are administered by the Davis County Housing Authority. Neither of them has funding right now and they don’t expect to have funding until July, 2010.
Clearfield City: DCHA administers the Clearfield City Down Payment Assistance Program for first time homebuyers. This Federally funded program assists qualified applicants who meet the program income guidelines with a maximum grant amount of $5,000 to be used toward closing costs or down payment. The funds are given out on a 3 to 1 match of the money the home buyer provides. Buyers must complete an approved homebuyer education class and purchase a single-family dwelling that is located in the city of Clearfield.
Davis County – DCHA provides a $2,000 no interest loan to assist with the down payment and closing costs for first time homebuyers. Qualified applicants who meet the program income guidelines must complete an approved homebuyer education class and provide at least $500 towards the purchase of a single-family dwelling that is located in Davis County.
For further information, go to daviscommunityhousing.com or call Mary at (801)939-9198.