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Senate president urges $10,000 boost to first‑time homebuyer loan program

Economic and Community Development Appropriations Subcommittee · February 4, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Senate President Adams told the appropriations subcommittee the First‑Time Homebuyers Assistance Program has helped about 3,000 families and proposed a $10,000 increase to expand access; Utah Housing affirmed it can administer the program.

Senate President Adams asked the Economic and Community Development Appropriations Subcommittee to expand Utah’s First‑Time Homebuyers Assistance Program, saying the program—which grew out of 2023 legislation—has helped nearly 3,000 families buy new homes.

“This program allowed people, our young first home buyers, to get into homes,” Adams…

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