CRA Considers Sedona Associates Loan Extension

The Community Reinvestment Agency plans to consider amending a longstanding $150,000 loan agreement with Sedona Associates, LLC tied to the Pendleton House supportive housing property. The proposal extends the loan maturity by five years and adds a condition triggering immediate repayment upon sale, refinancing, transfer, or redevelopment.

Document date · August 18, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$150,000

Contract type

FINANCIAL_SERVICES

Contract term

Original loan dated 1995; proposed extension of five years

Renewal

Proposed extension of the 1995 loan’s maturity date by five years, with added due-on-sale provisions for future transfers or redevelopment.

Document type

Agenda

Source document

Salt Lake City Community Reinvestment Agency Agenda 2026-08-18

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Community Reinvestment Agency of Salt Lake City Minutes August 18, 2026

AMENDED

City of Salt Lake, Utah$150,000 original loan; approximately $132,000 remainingAug 18, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Salt Lake?

Sedona Associates Llc was awarded this financial services contract by City of Salt Lake, as recorded on August 18, 2026. The contract value is $150,000.

How much is the Sedona Associates Llc contract with City of Salt Lake worth?

The Sedona Associates Llc contract with City of Salt Lake is valued at $150,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Salt Lake City Community Reinvestment Agency Agenda 2026-08-18 (Agenda), dated August 18, 2026 from City of Salt Lake. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Sedona Associates Llc hold?

Sedona Associates 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 Sedona Associates Llc's profile

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