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State Legislation passes $6,000 New Construction Grant

By
Real Estate Agent with Boomerang Leads

The Utah State Legislation passed the NEW construction housing incentive last night where buyers can get a $6,000 downpayment grant to purchase new construction homes in Utah. More details should be made available later today, but here's what we know about it so far.

  • The loan officer will request the funds.
  • The funds must be used within 30 days of request.
  • Home must have an occupancy permit.
  • Buyer must not make more than 75K single or 150K for joint filings.
  • This is for anyone not just first time buyers.

There is only enough grant money available for 1,600 buyers, and it is on a first come, first serve basis. So start looking for New Construction Homes for Sale today at UtahCornerstone.com