Utah Housing Corporation and Tooele County School District Celebrate the Completion of another ECHO Home in Tooele, UT
WASHINGTON, D.C. – May 20, 2014 – (RealEstateRama) — A new home built by students of Tooele County School District is near completion in Tooele, UT as a result of a partnership between Utah Housing Corporation and Tooele County School District.
The ECHO program (Educationally Constructed Housing Opportunities) was created by Utah Housing to provide financing to build moderate priced homes and, by using a student workforce, prepare the students for jobs in the construction industry. These well-built homes are sold to moderate-income households. The school receives a fee for building the home.
An open house will be held:
Wednesday, May 28nd @ 11:30 AM: 668 South 1050 West, Tooele, UT
Since 1998, Utah Housing has invested over 12 million dollars in the construction of 117 ECHO homes and funded over $635,000 in profits to school programs. Currently, three ECHO homes are under construction and 14 previous homes have been completed through the ECHO Program in partnership with Tooele County School District.
“Tooele County School District greatly appreciates the partnership with the ECHO program. This program has provided our students with opportunities during their educational experience and beyond. The partnership is great for our community and makes a difference for families. We are happy to have this opportunity back for our students. This is the 10th year of the partnership, and we hope to have many more years. We appreciate the vision and expertise provided by our instructor Chris Williams,” said Marianne Oborn, CTE Director, Tooele County School District.
“It’s a pleasure and a privilege to contribute to the community in this way. ECHO homes really make a difference. Young people get a chance to leave their mark on the community and learn
a trade while families with modest incomes are able to achieve home ownership,” said Grant
Whitaker, President of Utah Housing Corporation.
ECHO homes are sold to households earning 80 percent (or less) of the area median income in
their community or $56,800 for a family of four in Tooele County. Utah Housing provides
financing for purchasing the land, materials and supplies, and pays for licensed subcontractors.
For more information, contact Scott Harmon, Housing Program Manager at 801-902-8235.
About Utah Housing Corporation
Utah Housing is a public corporation created by the state of Utah, and is the state’s leader in
financing affordable housing. Working with the private sector, Utah Housing Corporation
provides mortgages for first time home buyers, finances rental properties and develops special
needs housing. At no cost to the State, Utah Housing Corporation has provided financing for
more than 70,000 single family home purchases and 23,600 multi-family apartments since
1977. Utahns can visit Utah Housing’s website at www.utahhousingcorp.org, call 801-902-8200,
or talk to their realtor or banker about Utah Housing mortgages or homes in their communities.
Contact:
Susan Van Arsdell: 801-902-8233
Jonathan Hanks: 801-902-8200
