Civic IQ
Funding Commitmentapproved

city-of-park-city-council-staff-report-on-hopa-funding_07d.pdf

Mountainlands Community Housing Trust awarded $2M preliminary funding commitment

$2,000,000City of ParkMOUNTAINLANDS COMMUNITY HOUSING TRUSTApril 24, 2025

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

Mountainlands Community Housing Trust awarded a $2 million preliminary funding commitment from City Council to support Phase I of the HOPA redevelopment project, enabling LIHTC application preparation with a compressed timeline.

Contract Details

Contract Amount

$2,000,000

Vendor

MOUNTAINLANDS COMMUNITY HOUSING TRUST

Agency

City of Park, UT

Contract Type

Funding Commitment

Document Date

April 24, 2025

Contract Term

April 7, 2025 – subject to final determination

Renewal Date

NA

Renewal Info

Conditional commitment subject to final City Council determination and public benefits analysis

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