Utah Housing Corporation Annual Board Meeting Agenda Packet 2026-06-10
Flats at Folsom LP to Receive UHC Bond Funding for Project
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Description
Utah Housing Corporation approved a bond and tax credit package for Flats at Folsom LP to finance a 188-unit affordable development in Salt Lake City.
Contract Details
Contract Amount
Up to $33,932,800 (bond proceeds); plus $25,273,156 (federal credits) and $4,119,788 (State credits)
Vendor
FLATS AT FOLSOM LP
Agency
Utah Housing Corporation, UT
Contract Type
FINANCIAL_SERVICES
Document Date
June 10, 2026
Contract Term
Permanent mortgage maturity by July 1, 2050
Renewal Date
2050-07-01
Renewal Info
Permanent mortgage; term matches bond maturity.
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Utah Housing Corporation Annual Board Meeting Agenda Packet 2026-06-10
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