Affordable Housing | Layton City Economic Development

Layton City Increases Home Down Payment Grant to Help Homebuyers

Community Development, Economic News | Affordable Housing, available housing, CDBG, Home Down Payment, home down payment assistance, housing prices, mortgage payment, rising interest rates

Mortgage rates in Utah recently increased from 3.76% in February to 5.87% in June, one of the most drastic increases on record in such a short timeframe. According to the University of Utah’s Kem C. Gardner Policy Institute consumers typically see prices moderate or even stall with such rapidly rising rates. However, Utah’s housing prices […]

Davis School District Employee Receives Keys to Her First Home

Community Development, HUD Funding and Other Local Resources | Affordable Housing, CDBG, Davis School District, Davis Technical College

Traci Nickerson, a single mother, received the keys to her new home in Layton City yesterday, making her a homeowner for the first time. The home was built by Layton High School and Davis Technical College construction students. Nickerson and her two disabled adult boys were living in a two-bedroom duplex in Bountiful. She wrote […]