CONTRACTAPPROVED

Utah Housing Corporation Awards Financial Services Contract to Citizens West 3 LLC (October 2026)

Utah Housing Corporation
Disclosed value
Not to exceed $1,504,373
From report
Approved
Oct 22, 2026
Renews
Free account

The 30-second brief

What it covers

Utah Housing Corporation approved a mortgage loan of up to $1.504 million for Citizens West 3 LLC to finance a 30-unit affordable senior housing development in Salt Lake City. The loan will mature around November 1, 2043, at an interest rate capped at 5.90%.

Who holds it

Citizens West 3 LLC holds this financial services contract with Utah Housing Corporation.

What happens next

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Contract details

Contract type
Financial Services
Amount
Not to exceed $1,504,373
Document date
October 22, 2026
Term
204 months from closing; anticipated maturity November 1, 2043
Renews
On record
Vendor
Citizens West 3 LLC
Source document
Utah Housing Corporation Report Board Meeting Packet October 22, 2026 (Report)

More Utah Housing Corporation contracts

Questions about this contract

Who was awarded the financial services contract by Utah Housing Corporation?

Citizens West 3 LLC was awarded this financial services contract by Utah Housing Corporation, as recorded on October 22, 2026. The contract value is Not to exceed $1,504,373.

How much is the Citizens West 3 LLC contract with Utah Housing Corporation worth?

The Citizens West 3 LLC contract with Utah Housing Corporation is valued at Not to exceed $1,504,373, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Utah Housing Corporation Report Board Meeting Packet October 22, 2026 (Report), dated October 22, 2026 from Utah Housing Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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