Weber County OKs contract to help low-income homebuyers

Sep 7 2012 - 11:24pm

OGDEN -- Weber County commissioners have approved a contract to provide down payment assistance for low-income first-time homebuyers.

Commissioners approved the contract among the Department of Workforce Services Housing & Community Development Division, Community Development Block Grants and Weber Housing Authority this week.

With the grant, the Weber Housing Authority will provide 45 low- to moderate-income households with down payment assistance during the period July 2013 through June 2014 throughout the county.

The program does not cover residents of Ogden, which has its own first-time buyer program.

The money is available on a first-come, first-served basis.

Down Payment Assistance Coordinator John Zaker said the county has offered the program for several years and still has funds available for this year.

The Down Payment Assistance program is part of a $250,000 Community Development Block Grant from the federal government.

To be eligible for a loan, applicants must fall under low- to moderate-income guidelines, qualify for a fixed-rate mortgage and contribute a minimum of $2,000 toward the purchase of the home.

Applicants must also attend a home-buyer education class.

"There are a few hoops they have to jump through," Zaker said, "but it's worth it."

For more information about the grant, email or call 801-399-8691.

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