HUD REGIONAL ADMINISTRATOR RICK GARCIA TO TOUR STATE STREET DEVELOPMENT

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.

At the construction site, Mr. Ben Logue, developer of the project will discuss the value of NSP funding to the project and the La Porte Group’s plans to help rebuild and revitalize Salt Lake City’s downtown. Regional Administrator Rick Garcia will focus on how partnerships are creating jobs at the worksite’s 180 units of affordable mixed-use housing and retail space.

WHO:
Rick Garcia, HUD Regional Administrator
Gordon Walker, Director of Housing and Community Development, Utah Dept. of Community and Culture
Ben Logue, President, The La Porte Group
Grant Whitaker, Utah Housing Corporation
Luke Garrott, Salt Lake City Councilman, District 4 and RDA Chair

WHAT:
HUD Regional Administrator Rick Garcia will visit the construction site and discuss Project Rebuild and the Neighborhood Stabilization Program.

WHEN:
Tuesday November 29, 2011 at 10:30 a.m.

WHERE:
State Street Plaza, 251 South State Street, Salt Lake City, UT 84111

AFTER EVENT:
• Speakers will be available for interviews following the press event.
• Media is invited to also tour the Cragun Estates development built with Neighborhood Stabilization Program funding at 2505 South 3463 West, West Valley City, UT. Cragun Estates tour to begin at 1:00 p.m.

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