Table of Contents

This information is available
as a pdf brochure that can be viewed and printed.
Download it.

For changes, additions, or deletions to programs, please contact Melissa Johnson Cameron at (801) 537-0900 or melissa@exoro.com.


Statewide Home Purchase Assistance Programs

Individual Development Account Network

The Utah Individual Development Account Network allows participants to increase their assets through matched savings accounts, which can be used for homeownership, post secondary education or vocational training, or microenterprise. The Utah IDA Network matches savings at a rate of 3 to 1.

Qualifications:

  • Meet income requirements listed below.
  • Net assets do not exceed $10,000, excluding one car and one home.

Requirements:

  • Complete financial education course and asset training.
  • Save between $15 and $62.50 per month for 12-36 months.
  • Use money within 3 months of savings period ending.

Income Limits
Household Size

Maximum Income
1 $21,660
2 $29,140
3 $36,620
4 $44,100
5 $51,580

Contact:

 

Home Sweet Home Utah Utah Bankers Association United Way of Salt Lake Utah 211