Community Impact at a Glance
- To date, CDCU has served more than 4,000 low-to-moderate income families in over 120 communities across the state, built over 150 new homes and rehabilitated over 300 homes.
- To date, CDCU has extended over 2,000 down payment assistance (DPA) loans and second mortgages totaling over $5.5 million to approximately 1,700 low- and moderate-income families throughout the state.
- To date,13 Idea Houses have been completed in partnership with Salt Lake County
The following are highlights from 2011:
- 36 homes were sold to first-time homebuyers
- 4 new ENERGY STAR rated homes were built
- 30 homes were rehabilitated
- 212 households attended home buyer education classes
- 284 households received pre-purchase housing counseling
- 397 households received foreclosure mitigation counseling
- 51 households received reverse mortgage counseling
- 38 households received down payment assistance
- $6,350 was the average amount of down payment assistance received per household
