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Salt Lake City Plus (SLC+) Down Payment Assistance

Community Development Corporation of Utah (CDCU) · Salt Lake City, Utah

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Assistance

$39,000

The maximum the program publishes — not an offer

Income limit

120% AMI

Of area median income; varies by county and household size

Price cap

$520,000

Highest purchase price the program allows

Repayment

Forgivable

Forgiven once the program's conditions are met

What is Salt Lake City Plus (SLC+) Down Payment Assistance?

Salt Lake City Plus (SLC+) Down Payment Assistance is a forgivable loan for homebuyers in Salt Lake City, Utah, administered by Community Development Corporation of Utah (CDCU).

  • Salt Lake City Plus (SLC+) is a locally funded DPA program administered by CDCU and financed by Salt Lake City's 'Funding Our Future' sales-tax revenue. It raises the income ceiling to 120% of AMI, broadening eligibility versus the federally funded 'Own in Salt Lake City' program, and provides up to $39,000 as a 0% deferred loan forgivable after 5-10 years for homes within Salt Lake City limits.
  • Up to $39,000 toward down payment and/or closing costs.
  • Higher 120% AMI income ceiling.
  • 0% interest, no monthly payments.
  • Forgiven after 5-10 years.
  • No minimum credit score.
  • Free radon testing for SLC applicants.
  • Funding comes from Salt Lake City 'Funding Our Future' sales-tax revenue (locally funded, not federal CDBG/HOME).

How much assistance does it provide?

Salt Lake City Plus (SLC+) Down Payment Assistance offers up to $39,000 in assistance.

  • The program asks buyers to contribute $1,000 in personal liquid funds (gift funds excluded); plus a cash reserve covering one month of housing expenses.
  • The program can be combined with First mortgage (FHA/Conventional/USDA/VA/Utah Housing).
  • Amounts are the program's published maximums, not an offer — Community Development Corporation of Utah (CDCU) determines any individual award.

Do you have to pay it back?

Salt Lake City Plus (SLC+) Down Payment Assistance is a forgivable loan, so the balance is forgiven once the program's conditions are met.

  • Repayment is triggered by Repaid in full if the homeowner sells, transfers title, refinances for a non-qualifying reason, or ceases to occupy as primary residence before the forgiveness term is satisfied.
  • The assistance is recorded in Second (no lower than third behind superior liens) position.
  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Salt Lake City Plus (SLC+) Down Payment Assistance is open to first-time homebuyers and buyers who will live in the home as their primary residence.

The program requires

  • First-time homebuyer — with exceptions: First-time homebuyer per HUD definition (no principal-residence ownership in prior 3 years; standard HUD exceptions for single parents, displaced homemakers, non-affixed and non-code-compliant prior properties).
  • The home is occupied as a primary residence
  • On credit: No minimum FICO credit score; credit report used only to verify credit history.
  • A completed homebuyer education course, through HUD-approved homebuyer education class (CDCU 801-994-7222 or Framework online) plus a mandatory free 1-on-1 pre-purchase counseling session.
  • Residency: Property within Salt Lake City municipal boundaries per the Salt Lake County Assessor.
  • DRAFT (dpa-gap-finder 2026-06-10): pending review. Forgivable deferred loan; forgiveness 5 yrs (<$15,000) or 10 yrs ($15,000-$39,000). Locally funded (not CDBG/HOME). STATUS NOTE: documented from the 2022-2023 SLC+ application PDF; CDCU's current DPA page lists SLC DPA as administered, but one secondary source indicated SLC+ may be paused pending new funding -- confirm fund availability with CDCU before relying on it. UNCONFIRMED: specific award amount/percentage not published.

The program excludes

  • Manufactured homes
  • Purchases above the $520,000 price cap
  • Households above 120% of area median income

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

Salt Lake City Plus (SLC+) Down Payment Assistance limits household income to 120% of the area median income, which varies by county and household size.

  • Household income at/below 120% of Salt Lake County AMI, adjusted by household size. Per CDCU SLC+ table (120% AMI): 4-person $122,900.
  • The limit applies to total household income, not only the borrower&rsquo;s.
  • The program lists a maximum household size of 8.
  • Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Salt Lake City Plus (SLC+) Down Payment Assistance caps the purchase price at $520,000.

  • Eligible property types include Single-family detached, Condominium, and Townhome.
  • New construction is eligible.
  • Manufactured homes are not eligible.

Where does it apply?

Salt Lake City Plus (SLC+) Down Payment Assistance serves buyers purchasing in Salt Lake City, Utah.

How do you apply?

Applications for Salt Lake City Plus (SLC+) Down Payment Assistance go through Community Development Corporation of Utah (CDCU), which publishes the current terms and the application steps on its own site.

  1. Take a homebuyer education course

    Required by the program, through HUD-approved homebuyer education class (CDCU 801-994-7222 or Framework online) plus a mandatory free 1-on-1 pre-purchase counseling session..

  2. Contact Community Development Corporation of Utah (CDCU) to reserve funds

    Funds are reserved with the provider and are subject to availability.

  3. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.

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