It is a USDA/Rural Development program administered by SCAOG that makes housing affordable through “sweat equity.” 6 to 10 families work together as a group under the guidance of a construction supervisor to build approximately 65%  of their homes. This labor not only acts as the down payment, but can reduce the price of the home by as much as 25%. There may be additional assistance available for qualified families, such as a mortgage with a reduced interest rate, that keeps monthly House payments     affordable.  Knowledge of construction is not required; SCAOG’s construction supervisor will teach the necessary skills and    direct the families as they build. However, it is hard work and it does require commitment. Households work together, with each    family contributing a minimum of 30 hours of labor a week for approximately 10 to 12 months. The homes are built simultaneously; no one moves in until all the homes are completed.

Applicants who do not currently own a home, who meet USDA/Rural Development loan qualifications regarding good credit and allowable debts, and whose      income does not exceed 80% of their Counties median income are eligible. 

¤ No Down Payment

 

¤ Save 25% on Purchase Price

 

¤ Learn New Skills

 

¤ Create Strong Communities

¤ Reduced Interest Rates

 

¤ Low Monthly Payments

 

¤ Build Instant Equity

 

¤ You’ll Live In A New House

¤ Taking Applications For:

                 -Nephi

                 -Gunnison

                 -Ephraim

 

¤ Recently Completed Projects:

                 -Monroe (summer ‘08)

                 -Gunnison (summer ‘09)

                 -Ephraim (summer ‘09)

1. Download the USDA Construction  Loan Application HERE.

2. Fill the Application out completely and return it to your local USDA office with all required documents.

3.  Call Travis Kyhl @ 435-893-0746 with additional questions or for more information.