Economic News | Layton City Economic Development

Layton City Increases Home Down Payment Grant to Help Homebuyers

Community Development, Economic News | Affordable Housing, available housing, CDBG, Home Down Payment, home down payment assistance, housing prices, mortgage payment, rising interest rates

Mortgage rates in Utah recently increased from 3.76% in February to 5.87% in June, one of the most drastic increases on record in such a short timeframe. According to the University of Utah’s Kem C. Gardner Policy Institute consumers typically see prices moderate or even stall with such rapidly rising rates. However, Utah’s housing prices […]

Utah – The Most Pro-Small-Business State in the Nation

Economic Development, Economic News | business-friendly, NFIB, NFIB Utah, Small Business, Utah, Utah State Legislature

The recent release of the voting records of state lawmakers reveals Utah’s legitimate claim to be the most pro-small-business state in the nation. At the end of every two-year legislative session, the National Federation of Independent Business (NFIB), the nation’s leading small-business association, publicizes its voting record. This year’s record measured every lawmaker’s vote on […]

Exciting New Utah Business Grant Opportunity Announced

Business Resources and Information, Economic Development, Economic News | manufacturing, supply chain, Utah Governor’s Office of Economic Opportunity, Utah Manufacturing Modernization Grant

The Governor’s Office of Economic Opportunity recently announced an exciting new $10 million grant for Utah businesses. Dubbed the Utah Manufacturing Modernization Grant, the fund incentivizes Utah businesses to modernize, establish, relocate, retain, or develop manufacturing in the Beehive State. Its goal is to modernize Utah companies’ manufacturing, increase supply chain resistance, and lessen American […]

Have a Heart Begins Construction of new Affordable Home

Community Development, HUD Funding and Other Local Resources | CDBG, Community Development Block Grant, Have a Heart, Layton City, Mainline Construction, Northern Wasatch Association of Realtors

With the current rising cost of homes in the state, along with a substantial lack of inventory, Layton City and the Have a Heart Home Foundation have partnered once again to provide affordable housing options to the community. The goal is to construct affordable homes discounted substantially for low-to-moderate-income families with special needs. The City, […]

Layton City to Host Utah Aerospace and Defense Industry Event

Business Resources and Information, Economic Development, Economic News, Hill Air Force Base | Go Utah, Government Contracting, government contracts, prime defense contractors, Procurement Technical Assistance Center, PTAC, Utah businesses, Utah entrepreneurs, Utah Governor’s Office of Economic Opportunity, Utah small businesses

The Utah Governor’s Office of Economic Opportunity and Utah’s Procurement Technical Assistance Center (PTAC) recently announced the upcoming Utah Aerospace and Defense Industry Event, to be held in Layton, Utah. Organizers are actively inviting interested businesses to sign up to learn more about the future of Utah’s defense sector, its challenges, opportunities, and obstacles through […]

Layton City Announces May 25 Small Business Seminar

Business Resources and Information, Economic Development, Economic News | Business Tax Strategies, Economic Development, First Community Bank, Small Business Seminar, Valentine CPA

“Business Tax Strategies” is the topic of Layton City’s next Small Business Seminar, set for May 25, 2022 from 12:00 noon to 1:00 p.m. The city’s Community and Economic Development department continues its popular and free business education series by featuring Ron Valentine with Valentine CPA. Tax strategies are one of the most overlooked ways […]