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Utah's First-Time Homebuyer Assistance Program currently limits assistance to newly built homes, but this bill expands eligibility to include existing homes while creating two separate assistance tiers: up to $20,000 for new construction and up to $10,000 for existing homes, with no more than $1,000,000 in total program funds available for purchases of existing homes. The bill also removes the prior requirement that qualifying homes be new construction or newly built but uninhabited, broadening the types of properties first-time buyers can purchase using program funds.