Davis County Homeownership Assistance Program

Davis County Homeownership Assistance Program is a deferred second loan for homebuyers in Statewide, Utah, administered by Davis County Community & Economic Development. Davis County provides a homeownership assistance loan of up to $50,000 to income-qualified buyers purchasing in Davis County. Funds may be used for principal reduction, a permanent interest-rate buy-down (up to $10,000), and/or up to 50% of the required down payment and closing costs. The loan is sized to bring the buyer's front-end housing DTI to 35%. No monthly payments; repaid with 1% interest at sale or ineligible refinance. Not a first-time-buyer program; may stack with state DPA for up to $70,000. Up to $50,000 (principal reduction + up to $10,000 rate buy-down + up to 50% of down payment/closing costs). 1% interest. No monthly payments. Due at sale or ineligible refinance. Stacks with state DPA up to $70,000.

Davis County Homeownership Assistance Program offers up to $50,000 in assistance. Award tiers: Interest-rate buy-down capped at $10,000; down-payment portion capped at 50% of required down payment and closing costs. Homebuyer contribution: County does not pull credit; requires fully executed REPC + lender pre-approval letter at application. Amounts are the program's published maximums, not an offer — Davis County Community & Economic Development determines any individual award.

Davis County Homeownership Assistance Program is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off. Repayment is triggered by Loan plus 1% accrued interest due at sale or ineligible refinance (rate/term refi not reducing payment, or non-repair cash-out refi). Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Davis County Homeownership Assistance Program is open to homebuyers who will live in the home as their primary residence. Loan term: No fixed term; deferred until sale or ineligible refinance.. Income at/below published thresholds; fully executed REPC + lender pre-approval at application; first-come, first-qualified. 2025 funds were exhausted at review; applications scheduled to re-open July 1, 2026 - confirm funding availability before relying on this.

Davis County Homeownership Assistance Program limits household income to $96,400. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Davis County Homeownership Assistance Program can be used for Single Family.

Davis County Homeownership Assistance Program serves homebuyers purchasing in Statewide, Utah.

Applications for Davis County Homeownership Assistance Program go through Davis County Community & Economic Development, which publishes the current terms and the application steps on its own site. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.