Cache County Council Regular Meeting Agenda Packet May 2026
HUD-Backed Loan Supports Mental Health Facility
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Description
Bear River Mental Health Services, Inc. maintains a $309,935 zero‑interest HUD loan through the Utah Housing Trust Fund to finance its Brigham City facility. The mortgage is due only upon sale, transfer, or change in use of the property.
Contract Details
Contract Amount
$309,935
Vendor
UTAH HOUSING TRUST FUND / U.S. DEPARTMENT OF HOUSING & URBAN DEVELOPMENT
Agency
Cache County, UT
Contract Type
FINANCIAL_SERVICES
Document Date
May 9, 2026
Contract Term
Repayable when the Brigham City building is sold, transferred, or changes use
Renewal Info
Loan bears zero interest and remains outstanding until the underlying property is sold, transferred, or changes use; no fixed maturity date is provided.
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