Forgivable LoanSalt Lake CityFunding ClosedRenews Jan 1
NeighborWorks Salt Lake City DPA
NeighborWorks Salt Lake
Up to
$40,000
Forgiven after 5 years
Renews January 1 each year
Assistance
Forgivable Loan
Area
Salt Lake City
Buyers
First-time buyers
Income
80% AMI limit
Funding renews
Jan 1
What This Program Offers
Up to $40,000 as 0% interest, 5-year forgivable loan.
- No repayment if you stay 5 years.
Who Qualifies
Location
Salt Lake City
Buyer type
First-time buyers only
Primary residence
Must be your primary home — not an investment property
Education course
HUD-approved homebuyer education required before closing
Income limits
Household income must not exceed 80% AMI for Salt Lake County
| Household | 80% AMI Limit |
|---|---|
| 1 person | $70,650 |
| 2 people | $80,750 |
| 3 people | $90,850 |
| 4 people | $100,900 |
Showing sizes 1-4. See all household sizes
Salt Lake County • FY 2025 HUD Income Limits
How to Apply
- 1
⚠️ CURRENTLY OUT OF FUNDS — Check back for updates.
- 2
When funding becomes available:
- 3
Complete online homebuyer education course.
- 4
Fill out intake form through NeighborWorks website.
- 5
Work with a NeighborWorks-approved lender.
- 6
Submit all required income documentation.
- 7
Funds disbursed at closing if approved.
Documents you'll need
- Education certificate
- Income documentation
- Pre-approval