Archives

New FBI Field Office to Be High-Performing Green Building

SALT LAKE CITY, UT - April 19, 2011 - (RealEstateRama) -- The U.S. General Services Administration will break ground on the new Federal Bureau of Investigation field office building to be located at 5425 West Amelia Earhart Drive, Salt Lake City. This project expects to use building materials that contain at least 30 percent recycled content and comprised of materials that have been extracted and manufactured within 500 miles of the project site. Furthermore, it is expected to save or create more than 500 construction jobs, a great majority of which will come from the local community

Utah Division of Housing and Community Development to Host COSCDA Academy Housing Conference

SALT LAKE CITY, UT - April 14, 2011 - (RealEstateRama) -- Some of the nation’s leading housing professionals will offer insight into basic federal housing programs that are used today to assist low and moderate income persons during a three-day conference hosted by the Utah Division of Housing and Community Development in Salt Lake City May 9-11.

HEAT Applicants to See Lower Benefit Payments

SALT LAKE CITY, UT - March 1, 2011 - (RealEstateRama) -- Due to federal budget cuts to the Low Income Home Energy Assistance Program (LIHEAP), Home Energy Assistance Target (HEAT) applicants will receive lower average payments beginning March 2, 2011.

Utah Housing Corporation Closes $74 Million in Bonds Assisting 515 Lower-Income Families

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.

Council of State Community Development Agencies Elects Gordon Walker as New President

WASHINGTON, DC - January 11, 2011 - (RealEstateRama) -- The Council of State Community Development Agencies (COSCDA) today announced that it has elected Gordon Walker as its new President. Walker, Director of the Utah Division of Housing and Community Development, will succeed Rick Ballard, Director, Office of Community Development, Michigan State Housing Development.Walker brings extensive management and public service experience to COSCDA, the premier national association advocating and enhancing the leadership role of states in community development through innovative policy development and implementation, customer-driven technical assistance, education, and collaborative efforts

Community Impact Board Approves Funding to the Wayne County Municipal Building Authority for Courthouse...

SALT LAKE CITY, UT - December 14, 2010 - (RealEstateRama) -- The Utah Permanent Community Impact Board (CIB) approved a finance package totaling $573,000 to the Wayne County Municipal Building Authority during a board meeting held on December 10.

New Tooele County Jail Approved for Recovery Zone Bond Financing

SALT LAKE CITY, UT - November 16, 2010 - (RealEstateRama) -- Tooele County has received approval from the Utah Division of Housing and Community Development’s Private Activity Bond Board for a $11.4 million allocation of Recovery Zone Bonds for use in building a new county jail.

Utah Division of Housing and Community Development to Release 2010 Comprehensive Report on Homelessness

October 12, 2010 - (RealEstateRama) -- WHO: Gordon D. Walker, Director, Division of Housing and Community DevelopmentJonathan D. Hardy, Director, State Community Services Office

Volunteers to Descend on Navajo Reservation to Repair Homes

BLANDING, Utah - July 12, 2010 - (RealEstateRama) -- More than 250 Christian volunteers will descend on the Navajo Reservation Monday for a week-long summer camp.

HEAT Application Deadline Extended Through Summer

SALT LAKE CITY, UT - June 24, 2010 - (RealEstateRama) -- The Utah Division of Housing and Community Development announced today that Utah will extend the Home Energy Assistance Target Program (HEAT) application deadline until September 30, 2010 or until all funds are expended.

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Reps. Stewart & Frankel Call for Oversight of Unregulated Sober Homes

Rep. Chris Stewart (R-Utah) and Rep. Lois Frankel (D-FL) have sent a bipartisan letter to the U.S. Government Accountability Office (GAO), Congress’ investigative arm, requesting a review of federal and state oversight of sober homes

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The Exchange

KTGY Chosen to Design Mixed-Use Development in Downtown Salt Lake City,...

The innovative project looks to transform this downtown district through the infusion of a diverse set of programs that will provide activated street frontages and a variety of housing typologies at all levels of affordability.