Community Impact at a Glance
- To date, CDCU of Utah has served more than 4,000 low-to-moderate income families in 125 communities across the state, built nearly 150 new homes and rehabilitated over 300 homes.
- To date, CDCU of Utah has extended nearly 2,000 down payment assistance (DPA) loans and second mortgages totaling over $5.5 million to approximately 1,700 low- and moderate-income families throughout the state.
- To date,10 Idea Houses have been completed in partnership with Salt Lake County
The following are highlights from 2010:
- 35 homes were sold to first-time homebuyers
- 4 new ENERGY STAR rated homes were built
- 30 homes were rehabilitated
- 324 households attended home buyer education classes
- 405 households received pre-purchase housing counseling
- 174 households attended foreclosure prevention classes
- 552 households received foreclosure mitigation counseling
- 58 households received down payment assistance
- $5,963 was the average amount of down payment assistance received per household
