The State of Utah has made available an interest-free, forgivable grant to Utah Law Enforcement and Correctional Officers for the purpose of purchasing a home in Utah. If you are employed full time as a law enforcement officer, Utah Housing will give you a grant up to 3.5% of the purchase price of your first home ($25,000 cap). This can be used towards down payment, closing costs, etc. A portion of the grant will be forgiven each year the borrower is employed in law enforcement and occupies the home.

Who is eligible?

• A law enforcement officer, as defined in Utah Code Section 53-13-103

• A correctional officer as defined in Utah Code Section 53-13-104

• First-time homebuyer (this requirement may be waived under certain conditions)

Eligible Loan Programs:

• Any first mortgage loan program available through Utah Housing Corporation (UHC) and its approved Participating Lenders

• May be combined with UHC’s down payment assistance second mortgage

Terms:

• No payment, no interest grant

• Grant amount up to 3.5% of purchase price, not to exceed $25,000

• 5 years of employment with any jurisdiction(s) in Utah required

• Portion of grant forgiven each year the individual is employed in Utah as a law enforcement or correctional officer and occupies the home as their primary residence

• May be used for down payment, closing costs, mortgage interest rate buydown, or paid-in-advance mortgage insurance

• Must occupy primary residence within 30 days of closing

*The interest rate on the first mortgage will be reduced if UHC down payment assistance is not utilized in combination with this program