Provo Utah adds new DPA Grant for Homebuyers
Posted by Mike Harrison | Posted in Grant Money | Posted on 28-06-2010
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Provo Utah Homes are getting another boost from the city in the form of a $10,000 Down Payment Assistance (DPA). Provo is offering up to $10,000 of DPA for the entire city of Provo. Unlike the previous Provo Grants that have been offered for Utah Homes, this grant is not restricted to the “Pioneer Area”. This is exciting news especially since the Federal Tax credit is no longer available.
You can even get a portion of the DPA forgiven if you make “Exterior Improvements”. Up to $5,000 will be completely forgiven if these improvements are made within the first two years of occupancy. Although an official list of approved “Exterior Improvements” has not been released we were told most items that improve the curb appeal of the home will be acceptable.
Provo has mimicked its previous grants making the structure very similar to the already popular Pioneer Neighbor Hood Grant of $20,000. The grant does not need to be repaid unless the home ceases to be your primary residence. The property must also be a single-family home, a home with a legal accessory apartment, one half of a twin home or town home.
Need More information?
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Provo $10,000 grant for those over the income limits
Mike Harrison
801-404-3540


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