Civic IQ
FINANCIAL_SERVICESAMENDED

CRA extends Pendleton House loan with Sedona Associates

The Community Reinvestment Agency Board approved an amendment to its 1995 loan agreement with Sedona Associates, LLC for the Pendleton House supportive housing property. Under Resolution 18 of 2026, the roughly $132,000 remaining balance is given a five-year maturity extension with continued monthly payments and a due-on-sale, transfer, refinance, or redevelopment clause.

Document date · August 18, 2026

Issuing agencyCity of Salt LakeVendorSedona Associates Llc

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$150,000 original loan; approximately $132,000 remaining
Contract type
FINANCIAL_SERVICES
Contract term
Original 1995 loan extended by an additional five years; $50 monthly payments continue, with full repayment due upon sale, transfer, refinancing, or redevelopment
Renewal
Loan maturity extended by five years from its prior maturity date; loan becomes immediately due upon sale, refinancing, transfer, or redevelopment of the property. Future extensions may be considered depending on repayment capacity and property conditions.
Document type
Minutes
Source document
Community Reinvestment Agency of Salt Lake City Minutes August 18, 2026

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Salt Lake City Community Reinvestment Agency Agenda 2026-08-18
PENDING
City of Salt Lake, Utah$150,000Aug 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 original loan; approximately $132,000 remaining.

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 original loan; approximately $132,000 remaining, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Community Reinvestment Agency of Salt Lake City Minutes August 18, 2026 (Minutes), 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

What is City of Salt Lake currently buying?

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