Park City supports $2M HOPA redevelopment project
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Description
City Council approved gap financing assistance for the Holiday Village and Parkside Apartments (HOPA) Redevelopment Project, suggesting a soft money loan or grant of $2 million from the City. The plan is to replace 122 units with seven buildings that totaled 317 units in a seven to 10 year time period
Contract Details
Contract Amount
$2,000,000
Vendor
MOUNTAINLANDS COMMUNITY HOUSING TRUST
Agency
City of Park, UT
Contract Type
Grant
Document Date
April 24, 2025
Contract Term
NA
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