Utah Dream Fund

Committed to 100% of Kids and Families Thriving

Promise Partnership Utah is a cross-sector network of communities, businesses, schools, colleges, organizations and individuals that are committed to working together to improve education, health and economic mobility from birth to career. By partnering with Utah Dream Fund and Homium, we remove barriers to financial stability, education, and homeownership—empowering families for generations.

A Simple, Shared-Growth Model for Homeownership

The Utah Dream Fund helps first-time buyers achieve homeownership through Shared Appreciation Mortgages (SAMs). This fair, transparent model eliminates monthly payments and aligns long-term success—so families can focus on building equity and stability.

Apply

Check eligibility and connect with a local loan officer.

Buy

Receive shared appreciation support with no monthly burden.

Grow

Build equity and reinvest in the next generation.

Learn How It Works

Creating a Path to Prosperity with Homeownership

Impactful Down Payment Assistance for First-Time Homebuyers

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The Utah Dream Fund uses Homium’s Shared Appreciation Mortgages (SAMs) to help families buy a home with as little as 3% down, reducing the upfront costs that often stand in the way of homeownership.

Enhanced Financial Stability for Families

With no monthly principal or interest payments, homeowners experience less financial strain and gain the freedom to save, invest, and build a more secure future without the burden of debt.

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Wealth Generation Through Home Equity Appreciation

As home values rise, families build wealth through appreciation of home equity. Repayments—the greater of principal or the pro-rata shared appreciation percentage—reinvest directly into helping more Utah families.

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Homium Shared Appreciation Mortgages

Revolutionary home financing with no monthly payments & real financial freedom.

Utah Dream Fund partners with Homium to offer Shared Appreciation Mortgages (SAMs)—a fair, transparent second-lien loan that adds a silent partner to the traditional mortgage stack. This preferred equity-style down payment assistance makes homeownership more affordable for working families and aligns incentives for long-term community growth.

More Financial Flexibility

More Affordable Monthly Payments

Shared appreciation reduces the monthly cost of owning a home — helping more families qualify, stay current on payments, and build wealth over time without stretching their budgets thin.

Aligned Incentives

1:1 Shared Growth Model

When homes appreciate, borrowers share the same percentage with Utah Dream Fund as the percentage of the home they borrowed at origination, creating sustainable funding for future families.

Local Impact

Utah-First Focus

The program is designed to serve working-class families and individuals earning up to 140% of the Area Median Income (AMI).

Join the Movement for Equitable Homeownership

Whether you’re a homebuyer, partner, or sponsor, your support builds stronger, more resilient Utah communities.

Connect with a Loan Officer Sponsor a Program

Our Partners in Expanding Homeownership

This initiative is powered by partners committed to Utah’s families, ensuring every homebuyer has access to fair financing, education, and support.

Builds and supports the philanthropic and partnership infrastructure needed for 100% of kids and families to thrive.

A shared appreciation fund that lowers upfront barriers and expands homeownership access for Utah families.

Guild Mortgage is dedicated to delivering the Promise of Home with solutions that make homeownership more attainable. Get the guidance that brings you closer to home.

Expanding affordable housing access through community development, financial education, and homeownership programs.

Mobilizes individuals and communities to action to support basic needs and education, so 100% of kids and families are thriving.

The Sorenson Impact Foundation deploys capital through grants, program-related investments (PRIs), and market-rate investments to support innovative, scalable solutions addressing social and environmental challenges.

The Garbett Family Foundation has a deep commitment to advancing worthy charitable causes that enhance the lives of communities in Utah and around the world.

Independent foundation that supports arts and culture, community and economic development, education, and health initiative and organizations.

Driving measurable social impact through data, investment, and community-focused innovation.

Transforming Utah Communities Through Homeownership