| Service Area of CCCHI |
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Utah Counties • Beaver • Garfield • Iron • Kane • Washington Arizona Counties • Coconino • Mohave Nevada Counties • Clark • Lincoln • Nye |
| Programs |
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| "Own a Home in St. George" The City of St. George has partnered with CCCHI to
make buying a home more affordable. First time home buyers may qualify up to
$10,000 for down payment and closing cost assistance. These loans with zero interest have no payment due until the home
is refinanced or sold. |
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| Mutual Self Help Housing CCCHI is building new homes in various neighborhoods in
the Southwest through the Rural Development Mutual Self Help Housing Program. Low and very-low income residents
can build sweat equity in their new homes by participating in the contruction process, with the help of an
experienced construction manager. Six to eight families work together as a group and provide approximately
65 % of the labor. This labor not only acts as the down payment, but can reduce the price of the home
as much as 25%. There may be additional assistance available for qualified families, such as a mortgage
with reduced interest rate, that keeps monthly house payments affordable. |
|
| CROWN Lease-to-Own The CROWN program is unusual because it offers future homeowners
a chance to begin building equity in the home with their monthly rent payments. The CROWN "rent-to-own" program,
administered by the Utah Housing Corporation, offers tenants a chance to purchase homes after a fifteen-year
rental period has expired. A portion of the rent that the occupants pay is put toward the purchase price of
the home. |
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| "Ready Now" CCCHI has been awarded an area dealership with a nationally-recognized
manufactured home company. These homes are purchased at 30-35% below the manufacturers suggested retail price,
with the savings being passed on to qualifying low-income households. Using this discount, these homes will be
setup and sold to low-income families in the Five County area, who otherwise could not afford a new home |
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