9/16/2009
Utah home buyers now have a second chance to hit a “Home Run” with the extension of a successful grant program designed to stimulate job creation and Utah’s economy.
Utah Governor Gary R. Herbert announced the second phase of the Home Run program, which will allow up to 2,000 Utahns to receive $4,000 toward the purchase of a newly constructed home.
“The infusion of this money into the housing market will allow us to leverage our federal stimulus funds to give us the greatest return on investment and promote economic development in the State,” Governor Herbert said.
The limited Home Run 2 program is designed to work in conjunction with the $8,000 Federal Tax Credit for first-time home buyers to allow even more Utahns to get into a new home this fall. Both programs expire on Dec. 1, 2009.
Home Run 2 will be administered by the Utah Housing Corporation.
For more information, visit www.utahhousingcorp.org.