OTHERAPPROVED

$5.5M Affordable Housing Pact Approved with Developer

The Bluffdale City Redevelopment Agency approved a $5.5 million participation agreement with Plentiful Way Title Holder, LLC to subsidize 72 deed-restricted affordable units in a 217-unit Independence at the Point project. Payment is linked to construction milestones and compliance with income-targeted leasing for 20 years.

Document date · November 12, 2025

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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
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $5,500,000
Contract type
OTHER
Contract term
20 years (deed restriction on targeted units); staged payments as project milestones are met
Renewal date
2045-11-12
Renewal
20-year deed restriction on 72 units for moderate-income tenants; contract expires on fulfilment of deed restriction.
Document type
Agenda
Source document
bluffdale_city_council_meeting_agenda_november_202.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Bluffdale city?

Plentiful Way Title Holder Llc was awarded this government contract by City of Bluffdale city, as recorded on November 12, 2025. The contract value is Not to exceed $5,500,000.

How much is the Plentiful Way Title Holder Llc contract with City of Bluffdale city worth?

The Plentiful Way Title Holder Llc contract with City of Bluffdale city is valued at Not to exceed $5,500,000.

What type of contract is this?

This is a government contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in bluffdale_city_council_meeting_agenda_november_202.pdf (Agenda), dated November 12, 2025 from City of Bluffdale city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Plentiful Way Title Holder Llc hold?

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