Limited FundsMidvaleForgivable Loan
Midvale City DPA
NeighborWorks Salt Lake / Midvale City Redevelopment Agency
$30,000
Maximum Assistance
80%
AMI Income Limit
5 years
Until Forgiveness
Program Summary
Up to $25,000 as 0% interest, 5-year forgivable loan/grant (up to $30,000 for current Midvale residents or employees of a public entity operating within Midvale). No repayment if you stay 5 years.
Eligibility Requirements
Location
Property must be in Midvale
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)
Homebuyer Education
Completion of a HUD-approved homebuyer education course is required
How to Apply
- 1⚡ LIMITED FUNDS AVAILABLE — Apply soon!
- 2Visit NeighborWorks Salt Lake website to check eligibility.
- 3Complete online homebuyer education course.
- 4Get pre-approved with a mortgage lender.
- 5Find a home within Midvale city limits.
- 6Apply through NeighborWorks Salt Lake.
- 7Provide proof of Midvale residency/employment for $30K max (otherwise $25K).
- 8Funds disbursed at closing if approved.
Required Documents
- Homebuyer education certificate
- Income documentation (pay stubs, tax returns)
- Pre-approval letter from lender
- Purchase contract for Midvale property
- Proof of Midvale residency/employment (for $30K max)