CDCU prides itself in providing affordable homes in a cost-effective manner. In conjunction with the US Department of Housing and Urban Development (HUD) and various other partners, CDCU both develops and builds homes from scratch, and purchases and rehabilitates homes that are foreclosed and/or dilapidated. Our projects span both multi-family and single-family homes.
All homes are built to meet Energy Star® requirements, and rehabilitation of existing housing stock includes improvements in energy efficiency, water conservation, and accessibility. These homes are then sold or rented to qualified families or individuals (income requirements may apply). See our Area Median Income (AMI) calculator to get an estimate of your current AMI.
Homes for rent
Homes for rent
Homeownership is important, but many people need alternatives that allow them to become more self-sufficient and stable. There is not a one-size-fits-all solution and many times renting is a wonderful steppingstone to a life of financial stability. CDCU can help families find affordable, comfortable rentals throughout the Salt Lake Valley.
The Howick
CDCU is excited to announce The Howick located at 4101 S. Howick Street in Millcreek which is scheduled to open in the Fall 2025. The Howick will consist of 150 one, two, three and four-bedroom units. Rents will be for those between 30%-60% of the area median income with set-asides for households earning up to 30%. Income limits do apply, and rental costs are income dependent.
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Richmond Flats
Richmond Flats is located at 2906 S. Richmond Street in Salt Lake City. The apartment building consists of 55 one, two, three and four-bedroom units. There are 8 units that are ADA accessible. Rents are for those between 30-55% of the area median income. Income limits do apply, and rental costs are income dependent.
Parker Willey
Parker Willey is comprised of four separate buildings located at307 East 600 South, 543 South 400 East in Salt Lake City. There are a total of 23 units for those at or below 55% area median income.
Currently there are 2 vacancies.
For more information, Please contact Cat at 385-445-1571 or email
Other rental properties
Rental opportunities can also be found at:
Homes for sale
Homes for sale
Community Development Corporation of Utah prides itself in providing affordable homes in a cost-effective manner. CDCU purchases homes that are foreclosed and/or dilapidated, and in conjunction with HUD and various other partners, either completely rehabilitates the home, or builds a new one from scratch.
All homes are built to meet Energy Star® requirements, and rehabilitation of existing housing stock includes improvements in energy efficiency, water conservation, and accessibility. These homes are then sold to qualified purchasers. Income requirements may apply. See our Area Median Income (AMI) calculator to get an estimate of your current AMI.
Gladhouse townhomes
In partnership with Salt Lake Homes, CDCU is proud to present 20 additional modern townhomes to the Gladhouse community. These 1200+ square foot units boast 2 beds + 2 bath + 2 car garage, stainless steel appliances, fenced patios, and much more!
Click on an image to scroll through our gallery!
Location: 1034 W 1700 S, Salt Lake City, UT 84104
Unit prices are in the range $415k to $435k.
CDCU is seeking to make these units more affordable for buyers meeting certain income-related criteria, by offering down payment assistance of up to $39k. There is also a state-sponsored $20k fund for qualifying first-time buyers. Please see more information on these programs below.
If you’re interested in a tour, curious about available units and sales information, or just want to learn more about the property, please visit Salt Lake Homes.
FUNDING ASSISTANCE FOR GLADHOUSE UNITS
1. State Of Utah First-Time Homebuyers Assistance Program
Utah Senate Bill 240 (2023) created the First-time Homebuyers Assistance Program for allocation by Utah Housing Corporation. This bill provides Program funds to assist approximately 2,400 first-time homebuyers to purchase a newly constructed but not yet inhabited home. Up to $20,000 in Program funds can be borrowed for the home. Funds are available until depleted.
General eligibility requirements (visit Utah Housing Corporation website for more information)
- You are considered a first-time buyer – this is generally someone who has had no ownership of a primary residence in the past three years
- The purchase price of the property not to exceed $450,000.
- You have an eligible first mortgage loan available through Utah Housing Corporation and its Participating Lenders
Speak with your lender* to determine your eligibility and start an application process.
*If you do not currently have a lender — or one that is participating in the program — CDCU may be able to connect you with a participating lender who can assist in assessing your eligibility. Email us at
2. CDCU Down Payment Assistance program
CDCU may be able to provide downpayment assistance of up to $39,000 to eligible applicants purchasing a Gladhouse unit in the form of a grant or loan depending on qualifications. This funding is compatible with most forms of mortgage financing, including conventional, USDA, VA and FHA.
General eligibility requirements
- Purchased property must be owner occupied as a primary residence
- Most of our programs have income-related criteria; see our Area Median Income (AMI) calculator to get an estimate of your current AMI
- Applicant(s) would need to contribute $1,000
- Read more about CDCU's down payment assistance program here
If you think you meet these eligibility requirements for CDCU's DPA funding and would like to request a preliminary income eligibility verification and potentially proceed to a full application, please fill out the form below. Note, funding is not guaranteed and cannot be reserved.
Other purchase properties
Purchase opportunities can also be found at
If you are interested in partnering with CDCU on affordable home development initiatives or are aware of potential properties for rehabilitation, please contact
This email address is being protected from spambots. You need JavaScript enabled to view it. or call (801)-994-7222.