Archives

A new home built by students is near completion and has a sale pending with a home buyer in West Valley City as a result of a partnership between Utah Housing Corporation and Granite Technical Institute.

The U.S. Department of Housing and Urban Development (HUD) announced today that it has reached a Conciliation Agreement with Primary Residential Mortgage, Inc. (PRMI), in Salt Lake City, UT, settling allegations that the lender denied a Baltimore, Maryland woman a mortgage loan because she was pregnant and on maternity leave.

Congressman Rob Bishop (R-UT) and Congressman Ron Kind (D-WI) introduced the Federal Land Asset Inventory Reform (FLAIR) Act [H.R. 916]. The bill requires the Department of Interior (DOI) to conduct an inventory of its federal real property holdings and integrate this data into the Federal Real Property Profile where the inventories will be tracked and managed

Today, Rep. Chris Stewart (UT-2), along with four other members of the Utah delegation, sent a letter to the U.S. Department of Interior Secretary, Ken Salazar, urging the Department to dispose of 5,423 acres of federal land in Utah that has been identified as suitable for disposal by the Bureau of Land Management (BLM). It has been reported that BLM is actively identifying and purchasing private property with the goal of preventing commercial activities within Garfield County.

Utah Housing Corporation and Tooele County Housing Authority are hosting an open house for four new affordable CROWN (Credits-to-OWN) homes in Grantsville and Tooele. The CROWN program seeks to bring homeownership within the reach of lowincome households while helping local governments to revitalize neighborhoods. These homes will help four lower-income households realize the dream of homeownership as they build equity with their low monthly rent payments.

Today, Congressmen Jason Chaffetz (R-UT) and Mike Quigley (D-Ill) reintroduced H.R. 328, the Excess Building and Property Disposal Act that cuts wasteful spending on excess federal property which costs taxpayers $1.67 billion annually. The bill passed the House with overwhelming bipartisan support in the 112th Congress

Utah Housing Corporation recently announced awards of its 2013 round of competition for federal Low Income Housing Tax Credits (LIHTC). As the administrator of the LIHTC program for the State of Utah, Utah Housing received applications for 24 proposed projects, requesting a total of $11,624,000 in annual housing credits

December 10, 2012 - (RealEstateRama) -- Cleon P. Butterfield, Senior Vice President and CFO of Utah Housing Corporation (UHC), was appointed as a Member of the Federal Home Loan Bank of Seattle’s Affordable Housing Advisory Council. Mr. Butterfield will serve a three-year term beginning January 1, 2013. The Federal Home Loan Bank of Seattle (FHLB) is a member-owned cooperative, serving 338 community financial institutions. FHLB provides its members with access to wholesale funding which they use to make home mortgages, small business, and other loans in their communities.

November 6, 2012 - (RealEstateRama) - The 2012 Comprehensive Report on Homelessness provides information regarding the state of homelessness in Utah. New this year is the State of Utah’s Strategic Plan to End Homelessness and descriptions of newly implemented programs that are helping tackle homelessness in Utah.

SALT LAKE CITY - November 5, 2012 - (RealEstateRama) -- Public, private and non-profit homeless service providers will gather in Salt Lake City to discuss the challenges, successes and trends in serving Utah’s homeless during the Eighth Annual Homeless Summit Nov. 7 and Nov. 8, 2012.