News Release
Release No.STELPRD4015979
ContactJamie Welch Jaro(801) 524-4324
(APRIL 25, 2012) PARK CITY NON-PROFIT TO HOST PUBLIC MEETING, OFFERING AFFORDABLE HOMEOWNERSHIP
Salt Lake City, Utah, Apr 25, 2012 --

@@For immediate release

PARK CITY NON-PROFIT TO HOST PUBLIC MEETING OFFERING AFFORDABLE HOMEOWNERSHIP

SALT LAKE CITY, April 25, 2012 – USDA Rural Development non-profit partner Mountainlands Community Housing Trust will be holding a public meeting to discuss affordable housing in Kamas.

The Mutual Self-Help Housing Program allows families to build their own homes with affordable mortgage financing through USDA Rural Development and interest rate subsidies as low as 1%. No down payment is required, as the labor qualifies for down payment purposes. Homes are completed in groups of 6 to 8 families all providing assistance with building each home.

Opportunities are available to take part in the program in Kamas, Utah – just 20 minutes outside of Park City. Loan specialists will be available to answer questions and assist in financing options. The meeting is open to the public and press.

When: Monday April 30 6pm to 7pm

Where: Kamas Public Library 110 North Main, Kamas, UT

USDA, through its Rural Development mission area, administers and manages housing, business and community infrastructure and facility programs through a national network of state and local offices. Rural Development has an active portfolio of more than $165 billion in loans and loan guarantees. These programs are designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers and improve the quality of life in rural areas.

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Contact: Jamie Welch Jaro, Public Affairs Officer, Jamie.WelchJaro@ut.usda.gov (801) 524-4324

Becky Cranney, Project Coordinator, Mountainlands Community Housing Trust (435)647-9719 x13 becky@housinghelp.org