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Current Initiatives
Asset Control Program
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Overview Posted 10/12/06
The asset control program is a recent cooperative effort between Ogden City and The Department of
Housing and Urban Development (HUD). Through the program, Ogden City has committed to purchase
a certain number of dilapidated HUD houses each year that are located in the East Central area of
Ogden City. HUD gives the city a discounted buying price and in return, Ogden City reinvests the
saved money into the complete restoration of the structure.
place. After the renovation, the city sells the home at a market price. Many homes are sold before the
place. After the renovation, the city sells the home at a market price. Many homes are sold before the
project is even complete.
project is even complete.
In this way, we have stopped the ongoing cycle of badly declining homes in many of our neighborhoods.
Instead of these houses getting worse and worse, Ogden City and the Federal Government have
teamed up to invest dollars back into our housing stock helping to keep Ogden a unique and beautiful
place to live.
The Community & Economic Development Department in the city call it "Home Sweet Ogden". This
successful program has already had a powerful impact on many of our central neighborhoods and I
expect that it will have many positive impacts in the future.
Additional Resources
Ogden City Web-Site - Home Sweet Ogden
Please click here to offer comments.
The asset control program is a recent cooperative effort between Ogden City and The Department of
Housing and Urban Development (HUD). Through the program, Ogden City has committed to purchase
a certain number of dilapidated HUD houses each year that are located in the East Central area of
Ogden City. HUD gives the city a discounted buying price and in return, Ogden City reinvests the
saved money into the complete restoration of the structure.
place. After the renovation, the city sells the home at a market price. Many homes are sold before the
place. After the renovation, the city sells the home at a market price. Many homes are sold before the
project is even complete.
project is even complete.
In this way, we have stopped the ongoing cycle of badly declining homes in many of our neighborhoods.
Instead of these houses getting worse and worse, Ogden City and the Federal Government have
teamed up to invest dollars back into our housing stock helping to keep Ogden a unique and beautiful
place to live.
The Community & Economic Development Department in the city call it "Home Sweet Ogden". This
successful program has already had a powerful impact on many of our central neighborhoods and I
expect that it will have many positive impacts in the future.
Additional Resources
Ogden City Web-Site - Home Sweet Ogden
Please click here to offer comments.