Utah Homerun Grant Part Duex
Just a quick note to let you know that the Utah Governor recently
announced they will use $8 million in federal stimulus funds to
reintroduce the Homerun Grant.
The official statement said that the state will offer $4,000 grants to
the first 2,000 new home buyers.
The program comes on the heels of one started by former Gov. Jon
Huntsman, who used $10 million in stimulus funds offer $6,000 grants.
These grants were used in less than 12 weeks, so if you are interested
in taking advantage of this offer you had better hurry.
There is one major difference between the original grant and this one
(apart from the amount). The original grant could only be issued for
homes that were ready for occupancy, while the new one can issued for
homes which have been contracted for construction, or partially
finished and contracted for completion. This changes the focus of the
grant from getting rid of new home inventory to building new homes.
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