Funds AvailableStatewideDeferred Loan
UHC First-Time Homebuyer Assistance (New Construction)
Utah Housing Corporation
$20,000
Maximum Assistance
100%
AMI Income Limit
Program Summary
Up to $20,000 for NEW CONSTRUCTION homes only. Funds for down payment, closing costs, and/or permanent rate buydown. Utah Legislature funded $50M to help ~2,500 first-time buyers. 558 remaining as of Jan 2026. Deferred loan, repaid on sale/refi/rental.
Eligibility Requirements
Location
Available statewide in Utah
Buyer Type
First-time buyers only (no home ownership in past 3 years)
Income Limit
Household income must not exceed 100% of Area Median Income (AMI) for your county and household size.
Primary Residence
Must be your primary residence (not investment property)
How to Apply
Apply through UHC Participating Lender. Must be purchasing NEW CONSTRUCTION home. Use FTHB Repayment Calculator on UHC website to estimate terms.
Required Documents
- New construction purchase contract
- Builder documentation
- First-time homebuyer affidavit