@cdcutah.org
At Community Development Corporation of Utah, we are committed to helping you achieve financial and housing stability through step-by-step customized programs.
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Description
Community Development Corporation of Utah (CDCU) is a non-profit organization that is dedicated to empowering Utah residents to become successful homeowners and renters, creating vibrant and sustainable communities. Since its establishment in 1990, CDCU has been a major provider of affordable housing throughout the state. CDCU's services include building new single and multi-family housing, rehabilitating existing housing stock, and revitalizing neighborhoods across Utah.
They also offer various community services such as homebuyer education, homeowner case management, down payment assistance, and mortgage lending. These programs are specifically designed to help low-to-moderate income families achieve their dreams of homeownership. In a unique partnership with the US Department of Housing and Urban Development (HUD), CDCU administers the Asset Control Area (ACA) program.
This program allows CDCU to purchase HUD-foreclosed homes in critical revitalization areas of Salt Lake and parts of Davis County. They then rehabilitate these homes and resell them at or below market value to income-eligible families. Overall, CDCU's mission is to alleviate poverty and financial insecurity, enabling all Utahns to reach their full potential.
With over 400 homes built or rehabilitated and more than 4000 families helped in over 125 Utah communities, CDCU is committed to creating a positive impact on the lives of Utah residents
Company Type
Nonprofit
Company Size
11-50
Year Founded
1990
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