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RDA Residential Loan Program Homepage

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Printable version

RDA LogoRDA Residential Loan Program

 

TARGETED AREA 550 WEST RDA PROJECT AREA
RESIDENTIAL RELOCATION PROGRAM

RDA Housing Lending Parameters and Criteria


Targeted Area 550 West RDA Project Area
Residential Relocation Program "C"

For Owner Occupied Residential Real Properties located: On 500 West,
for homes numbered from 4249 South to and including 4296 South.

 
Very Low Income
Borrower
Low Income
Borrower
Median Income
Borrower
Eligibility for Relocation Incentive
Developer for expenses incurred in relocating residents of all income classes.
Requirement prior to payment
  1. Property is acquired and recorded in Developer's name.
  2. Residents are relocated to a residential area outside of the 550 West project area.
  3. Vacant housing is demolished.
  4. Parcel is graded, cleaned and prepared for sale or new construction consistent with 550 West project area plan.
Incentive Payment
To accomplish the relocation - $50,000 per residence.

 

 

If you are a developer wishing to apply for this program, please contact the RDA Excutive Director, Rodger Worthen, at 801-394-5541 ext. 1233.

For additional information, or to confirm your eligibility to apply for a rehabilitation loan, visit or telephone (Monday - Friday 8:00 a.m. - 5:00 p.m.)

In Person:
RDA Housing
Riverdale City
4600 S. Weber River Drive
Riverdale, UT 84405
By Phone:
RDA Housing
801-394-5541

 

Printable version

 

 

Riverdale City - 4600 South Weber River Drive, Riverdale, Utah 84405 - 801-394-5541 - email: info@riverdalecity.com