City Backs Impact Fees for 148-Unit Celebration Workforce Housing

Heber City executed a Development Agreement with Celebration Workforce Commercial Housing Development, LLC to build 148 affordable rental units at 400 East 1200 South and to finance approximately $3.3 million in impact and building fees at 4% interest over 12 years. In exchange, the developer will deed-restrict all units to targeted AMI levels and deliver on-site improvements consistent with the approved site plan.

Scope & details

The full contract record, as filed.

Contract amount

Approximately $3,296,764.05 in impact and building fees financed by the City at 4% simple interest for 12 years

Contract type

OTHER

Contract term

Development Agreement term of 10 years from Effective Date or until final certificate of occupancy, whichever occurs first; City Loan matures in 12 years as lump sum

Renewal date

2036-08-04

Renewal

Agreement may be extended by mutual consent beyond the initial 10-year term; City Loan is a 12-year simple-interest loan with potential for partial repayment via conversion of up to 50% of units to for-sale market rate upon City approval. Deed restrictions on affordability will be recorded as covenants running with the land.

Document type

AgendaPacket

Source document

Heber City Corporation AgendaPacket Heber City Council Meeting 2026-08-04

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Heber?

Celebration Workforce Commercial Housing Development Llc was awarded this government contract by City of Heber, as recorded on August 4, 2026. The contract value is Approximately $3,296,764.05 in impact and building fees financed by the City at 4% simple interest for 12 years.

How much is the Celebration Workforce Commercial Housing Development Llc contract with City of Heber worth?

The Celebration Workforce Commercial Housing Development Llc contract with City of Heber is valued at Approximately $3,296,764.05 in impact and building fees financed by the City at 4% simple interest for 12 years.

What type of contract is this?

This is a government contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Heber City Corporation AgendaPacket Heber City Council Meeting 2026-08-04 (AgendaPacket), dated August 4, 2026 from City of Heber. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Celebration Workforce Commercial Housing Development Llc hold?

Celebration Workforce Commercial Housing Development Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Celebration Workforce Commercial Housing Development Llc's profile

What is City of Heber currently buying?

Explore City of Heber's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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