Utah Housing Corporation Annual Board Meeting Agenda Packet 2026-06-10
UHC Approves Underwriter for Hive on 11th Bonds
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Description
The Utah Housing Corporation Board approved the engagement of Stifel Nicolaus & Company, Incorporated as underwriter for up to $29,870,500 in tax-exempt multifamily housing revenue bonds to finance Hive on 11th, a 169-unit affordable project. The bonds mature by July 2050.
Contract Details
Contract Amount
Not to exceed $29,870,500
Vendor
STIFEL NICOLAUS & COMPANY INCORPORATED
Agency
Utah Housing Corporation, UT
Contract Type
FINANCIAL_SERVICES
Document Date
June 10, 2026
Contract Term
To mature on or before July 1, 2050
Renewal Date
2050-07-01
Renewal Info
New bond transaction; not a renewal.
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