The Community Development Corporation of Utah (CDCU) is a 501(c)(3) nonprofit organization that was originally founded in 1990 to provide relief for distressed neighborhoods in Salt Lake City. With a focus on making homeownership a reality, CDCU builds new single- and multi-family homes, rehabilitates and preserves affordable housing, is a leading homeownership advising provider, and revitalizes neighborhoods around the state. The CDCU's mission is to assist aspiring homeowners along the path to homeownership, develop sustainable and affordable housing, revitalize and stabilize neighborhoods and communities, and promote self-sufficiency through homeownership. CDCU provides the following services: Homeownership education and advisory services. The CDCU model is client-centric, working with prospective homeowners from improving their credit, educating them on the benefits of budgeting and the costs and benefits of homeownership, and guiding them through the home purchase process to ensure that these clients will be successful long-term homeowners. As needed, CDCU also provides foreclosure prevention counseling. Owner Occupied home repair (Green and Healthy Homes Initiative - GHHI). CDCU partners with Salt Lake County and other organizations to provide critical home repairs for low-income homeowners. Home acquisition and rehabilitation. CDCU acquires and rehabilitates foreclosed and dilapidated houses in low- to moderate-income neighborhoods, reselling them to qualified homeowners. Down Payment Assistance. CDCU is the only organization that administers down payment assistance programs for Salt Lake County, Taylorsville and Salt Lake City. HomeFit™ Mortgage program. CDCU provides an 80%/20% loan program that allows low- to moderate-income families to obtain 100% loan to value financing on their home purchase or refinance.
Diane Hartz Warsoff, CEO
501 East 1700 South
Salt Lake City, Utah 84105
Housing Partnership Network
One Washington Mall, 12th Floor
Boston, MA 02108
Phone: 617-720-1999 / Fax: 617-720-3939
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