Funds AvailableStatewideForgivable Loan
FHLB HELP Program
Federal Home Loan Bank (FHLB)
$20,000
Maximum Assistance
80%
AMI Income Limit
Program Summary
Homebuyer Equity Leverage Partnership (HELP) - $20,000 forgivable grant for Utah buyers. Available with Conventional, FHA, VA, or USDA loans. Fixed rate 15, 20, 25, or 30-year terms. Purchase or refinance. Owner-occupied 1-4 unit properties. First-time homebuyers only with household income ≤80% AMI. Minimum $500 borrower contribution required.
Eligibility Requirements
Location
Available statewide in Utah
Buyer Type
First-time buyers only (no home ownership in past 3 years)
Income Limit
Household income must not exceed 80% AMI for Salt Lake County:
| Household | 80% AMI Limit |
|---|---|
| 1 person | $68,750 |
| 2 people | $78,550 |
| 3 people | $88,350 |
| 4 people | $98,150 |
Showing sizes 1-4. See all household sizes
Salt Lake County • FY 2025 HUD Income Limits
Primary Residence
Must be your primary residence (not investment property)
Buyer Contribution
You must contribute at least $500 of your own funds
How to Apply
- 1Verify you're a first-time homebuyer (no ownership in past 3 years).
- 2Verify your HOUSEHOLD income is ≤80% AMI for your county.
- 3(All permanent occupants' income counts, not just borrowers!)
- 4Confirm you can contribute at least $500 of your own funds.
- 5Work with a participating lender who offers FHLB programs.
- 6(The Tim Hawkes Team participates in this program!)
- 7Funds available first-come, first-served basis.
- 8Lender submits application to FHLB on your behalf.
- 9Receive $20,000 forgivable grant at closing!
Required Documents
- First-time homebuyer certification
- Household income verification (all permanent occupants)
- Proof of $500 minimum contribution
- Standard mortgage documentation
- Primary residence certification
Contact Information
Contact a participating lender | The Tim Hawkes Team: (801) 820-7620
Official WebsiteLast verified: 2026-01-21