$6000 New Home Grant signed

I got this e-mail from the Utah Housing Corporation:
Tip of the Week: As announced late yesterday by Gov. Jon Huntsman, Utah S. B. 260 was signed authorizing a $6,000 grant (Home Run Grant Program) to assist home buyers with the purchase of a newly-constructed, never-occupied home that they will occupy. This cash grant, coupled with low interest rates, stable home prices and the recently-enacted $8,000 Federal Tax Credit will enable many Utahns to achieve the dream of owning a new home. Unlike the Home Run grant, the Federal Tax Credit is only for first-time home buyers.

$6,000 Housing Grant

The Utah State Legislature passed a bill, Senate Bill 260, on
March 12, which provides $6,000 grants to buyers of newly
constructed homes. The bill was approved by two/thirds of
both houses. It will become effective immediately if signed into
law by the governor.

This is the link to the Utah Housing Corporation website to give you up to the date information on the $6000 New Home Housing Grant money.

http://b2b.utahhousingcorp.org/cgi-bin/R?P=uhc_home.html

Web address for First Time Home Buyer Tax Credit Chart

http://realtor.org/government_affairs/gapublic/homebuyer_tax_credit

$8000 First Time Home Buyers

For a great, easy to understand chart on the basics of the $8000 First Time Home Buyer Tax Credit, click on the link above.

Upcoming Information on the $6000 New Home Grant

The Utah Legislature passed a bill yesterday to authorize a $6,000 grant program (Home Run) for buyers of newly-constructed, never-occupied homes. Utah Housing was named as the administrator but must wait for the Governor to sign the bill. We anticipate that could be as early as next week and hope to have the program particulars available before our next weekly interest rate announcement. Because of the importance of this matter to the real estate community, UHC will be issuing a special bulletin to our business partners as soon as details have been finalized.

I got this e-mail on March 3rd from the Utah Housing office. I will update this information as soon as I know more. Please check in as frequently as you want. If you are interested in getting in on this free money, please call me ASAP!!