Housing for People, Not For Profit
Mountainlands Community Housing Trust (MCHT) is a 501(c)(3) non-profit corporation. Founded in 1993, MCHT is based on the belief that a safe affordable home is often a family’s first step toward economic self-sufficiency. MCHT addresses the dual problems of housing affordability and availability on three fronts: acquisition and new construction of affordable housing, direct assistance in securing housing and needed basic services, and education and advocacy to promote housing policy.
Free Homebuyer Education Classes
Join MCHT, the Park City Board of Realtors and Community Action Services for free hombuyer education training. Learn all the steps to purchasing an affordable deed restricted home and more!
1889 Prospector Avenue, Park City
To register call, 435-200-6900
Saturday, Februay 27: 9am - 4pm
(Food Provided)
To register, call 801-691-5200
Current Affordable Resales
If you are interested in a resale, please complete the following application and return to our office by the appropriate due date. If the Open House or the Deadline have passed, but the unit is still listed, we are still accepting applications and you may contact our office to schedule a unit walk-through.
First Time Homebuyer Tax Credit
The recently passed stimulus package provides a tax credit for first time homebuyers up to $4000 for an individual and $8000 for a married couple. If you enter a contract by April 30 and close by June 30, 2010, 2009, you could be eligible for this tax credit. Self Help homes, restricted affordable housing and market rate homes qualify for this credit. The credit phases out for adjusted gross income in excess of $75,000 ($150,000 for married couples).
Mountaintainlands Community Housing Loan Fund LLC
MCHT has established a wholly owned subsidiary, Mountainlands Community Housing Loan Fund LLC (MCHLF). MCHLF has applied for certification as a Community Development Financial Institution (CDFI) with the United States Treasury Department. MCHLF will provide down payment assistance and closing costs loans for home purchasers earning up to 80% of the Area Median Income for Summit County.
MCHLF's Governing Board has Laura Olsen as President, Becky Cranney as Vice President, Dr. Fred Tripp as Treasurer, Katie Wright as Secretary and Veronica Monroy as a member. MCHT contributed $746,000 in loans and cash to establish MCHLF's revolving loan fund. MCHLF is presently applying for grants, equity investments and leveraged loans from several sources to provide additional funding.
Click here for a loan application.
CROWN Home Available
A four bedroom Rent-to-Own CROWN Homes is now available in Coalville.
To be eligible, households must earn less than 41% of the Area Median Income. Contact Cassie: cassie@housinghelp.org or 435-647-9719 x14 for more details.
Executive Director's Letter
Winter 2009
Mountainlands Community Housing Trust (MCHT) was proud to show the public four new homes at The Woods of Parley's Lane Subdivision at its open house/community celebration earlier this month. These large Energy Star Certified homes will soon be sold to two families earning less than 50% of the Area Median Income (AMI), one earning less than 60% AMI and one less than 80% AMI. All buyers work for nonprofit organizations in Summit County and some qualified for subsidized loans and all for 100% financing. These homes are the 122nd home built by MCHT since 2002.
