$20,000 Home Buyer Assistance Program Designed for Syracuse Home Buyers!

Did you hear the latest housing news? In February, the Utah legislature passed HB240, which allocates $50 million for firsttime buyers purchasing newly constructed homes. “This is a great program for Syracuse,” says Brad Frost, owner of Aspire and Ovation Homes, LLC. With the price increases of recent years, labor shortages, and rising land costs, having funds to help our communities grow makes a big difference.” The $20,000 can be used towards a down payment, discount points, and closing costs on loans through Utah Housing Corporation on qualifying purchases of no more than $450,000.

Aspire at Canterbury is the newest townhome community in Syracuse with prices below $450,000. “We have created a great space with 1899 sq. Ft., 2-car garage, 3 bedrooms, and 2 baths; perfect for anyone on the go,” says Frost. “Don’t wait,” says Amber Wykstra, a real estate agent with Brough Realty. “Funds are available for closings July 1st and those with contracts already in place will be the winners. Get pre-approved with a Utah Housing preferred lender because not all lenders can participate. Consider altering some of your ‘must-haves’ so that you don’t miss out on this great way to start your real estate journey. It is like instant equity.”

For more info about using these funds to purchase, call 385-284-8102.

For more info about the program visit www.utahhousingcorp.org