The Road Home ($300,000) and The Community Foundation of Utah ($200,000) are receiving the grants to help prevent homelessness in Salt Lake City. The grant recipients were selected in close collaboration with Mayor Ralph Becker and the city’s division of Housing and Neighborhood Development to help address key local initiatives in the Salt Lake City community including homelessness prevention programs.
U.S. Department of Commerce Invests Nearly $2.2 Million to Support Manufacturing and Reshoring in...
U.S. Secretary of Commerce Penny Pritzker today announced that the Department’s Economic Development Administration (EDA) is awarding a nearly $2.2 million grant to the Ogden City Corporation in Ogden, Utah.
SALT LAKE CITY - November 29, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Regional Administrator Rick Garcia will visit Salt Lake City tomorrow, November 29 at 10:30 a.m. to discuss the impact of HUD’s Neighborhood Stabilization Program (NSP) and Project Rebuild at the La Porte Group’s newest development, the Plaza at State Street. This development will provide supportive housing, affordable rental apartment homes and economic development opportunities in the heart of Salt Lake City.
February 18, 2011 - (RealEstateRama) -- Utah Housing Corporation announced the closing of a $74 million bond sale completing the commitment of bond purchases to the US Department of Treasury under a special program under the 2008 Housing and Economic recovery Act (HERA). Utah Housing sold $44 million bonds to the US Department of Treasury along with $30 million to private investors seeking a return that is not subject to federal income taxes. The issuance provided 30-year fixed rate mortgage loans for over 500 low- to moderate-income families throughout the state of Utah to purchase their first homes. The average purchase price for each home was $142,800 which is about 65% of the current average Utah home sales price. Each home owner’s household income was approximately 73% of the Area Median Income (AMI) for their home's location.
SALT LAKE CITY, UT - November 9, 2010 - (RealEstateRama) -- The Utah Permanent Community Impact Board (CIB) approved a $275,000 grant to Wellington City during a board meeting held in Moab, Utah on November 4
SALT LAKE CITY, UT - March 9, 2010 - (RealEstateRama) -- The Utah Permanent Community Impact Board (CIB) approved a request for special consideration for funding from the Ballard Water Improvement District during a project review meeting held on March 4.
WASHINGTON, DC - January 12, 2010 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded $57,915 to the Housing Authority of the County of Salt Lake to help public housing residents find jobs that lead them toward economic independence.
Secretary Donovan Approves Recovery Act Plans For Communities In Utah To Revitalize Neighborhoods And...
WASHINGTON, DC - July 16, 2009 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today approved the plans for 12 grantees in Utah to use more than $3.2 million in federal grants to help stabilize and revive local neighborhoods, rehabilitate affordable housing, and improve key public facilities. Funded through American Recovery and Reinvestment Act of 2009, HUD's Community Development Block Grant (CDBG) Program will support state and local community development while stimulating employment.
Salt Lake City, Utah - December 12, 2008 - (RealEstateRama) – The Utah Permanent Community Impact Board (CIB) Thursday approved $2.6 million in enhancements to the...