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FINANCIAL_SERVICESAPPROVED

Utah Housing Corporation Monthly Board Meeting Agenda Packet April 2026

Richman Group to provide LIHTC equity for Kearns

Utah Housing CorporationTHE RICHMAN GROUPApril 23, 2026

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Description

Utah Housing Corporation approved a structure in which The Richman Group will invest in 4% federal and State of Utah housing tax credits for the Kearns Apartments project. The equity commitment, including $3.05 million of state credits, supports nearly $39.8 million in total development investment.

Contract Details

Vendor

THE RICHMAN GROUP

Agency

Utah Housing Corporation, UT

Contract Type

FINANCIAL_SERVICES

Document Date

April 23, 2026

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