$1.62M in Loans Endorsed for Housing Authority of Salt Lake City
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Description
Salt Lake City's RDA Board recommended a total of $1,620,000 in cash flow loans to the Housing Authority of Salt Lake City for the Pharos Apartments and Book Cliffs Lodge affordable housing projects.
Contract Details
Contract Amount
$1,620,000
Vendor
HOUSING AUTHORITY OF SALT LAKE CITY
Agency
City of Salt Lake, UT
Contract Type
FINANCIAL_SERVICES
Document Date
March 19, 2024
Contract Term
Pharos Apartments: $880,000 (cash flow loan); Book Cliffs Lodge: $740,000 (cash flow loan)
Renewal Info
Subject to loan review, conditional commitments, and closing requirements under RDA programs.
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