The Mountainlands Community Housing Trust offers a rent-to-own program called Credits-to-Own, or CROWN, which provides tenants the opportunity to purchase their homes. According to program details, rental rates and final purchase prices are substantially under market value.
The CROWN program is a tax-credit initiative that relies on private investors. It is subject to income limitations set by the Utah Housing Corporation, which vary by property and family size.
Under the program, homes must be rented for 15 years to comply with IRS and Utah Housing Corporation rules. Following this 15-year period, tenants have the first right to purchase the homes at reduced prices compared to the market value at that time.
In Summit County, there are four homes available through CROWN at River Bluffs in Francis. Additionally, six homes are being built in Wasatch County under the program at CROWN at Parkview Place in Heber, which are scheduled to be leased in fall 2026.
These homes typically feature 3 to 4 bedrooms, 2 to 2.5 bathrooms, and a 2-car garage, with square footage ranging between 1,300 and 1,400 square feet.
For additional information regarding program details, qualifications, or to join the waitlist, individuals can contact the site manager at Central Village Apartments at (435) 962-9953 or centralvillage@sellersgroup.net.
