Franklin Heights CROWN Ribbon Cutting & Open House
Earth Day 2014 will be remembered as a very windy day here in Utah, but luckily we were ahead of the wind at our Ribbon Cutting and Open House for the Franklin Heights CROWN project. We were very happy to have Mayor John Curtis in attendance as well as our recently retired, but not forgotten, Executive Director Doug Carlson.
The Provo City Housing Authority partnered with Utah Housing Corporation to help for Provo families achieve the goal of homeownership through the CROWN program. The CROWN program (CRedits-to-OWN) utilizes tax credits to finance the construction of affordable housing, which is then made available for purchase by the families living in it at the end of the 15-year tax credit period.
The CROWN program has been successful in Provo in the past, and we are very happy to see these new homes finished and ready for new families!