FINANCIAL_SERVICESAPPROVED

Utah Olene Walker Housing Loan Fund Board | State of Utah Awards $2,000,000 Financial Services Contract to Blue Line Development (May 2026)

The board approved a $2 million HOME surplus-cash-flow loan associated with Blue Line Development and the 135-unit Emeril Apartments project in Salt Lake City. The loan will run for 30 years at 5%, with a minimum annual payment of $3,000.

Document date · May 14, 2026

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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
$2,000,000
Contract type
FINANCIAL_SERVICES
Contract term
30 years at 5% with a minimum annual payment of $3,000
Renewal date
2056-05-14
Renewal
30-year surplus-cash-flow loan at 5%; minimum annual payment of $3,000. Eight HOME-assisted units must remain restricted for at least 30 years.
Document type
Minutes
Source document
Utah Department of Workforce Services Minutes Olene Walker Housing Loan Fund Quarterly Board Meeting 2026-05-14

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Utah Olene Walker Housing Loan Fund Board | State of Utah?

Blue Line Development was awarded this financial services contract by Utah Olene Walker Housing Loan Fund Board | State of Utah, as recorded on May 14, 2026. The contract value is $2,000,000.

How much is the Blue Line Development contract with Utah Olene Walker Housing Loan Fund Board | State of Utah worth?

The Blue Line Development contract with Utah Olene Walker Housing Loan Fund Board | State of Utah is valued at $2,000,000, 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 Utah Department of Workforce Services Minutes Olene Walker Housing Loan Fund Quarterly Board Meeting 2026-05-14 (Minutes), dated May 14, 2026 from Utah Olene Walker Housing Loan Fund Board | State of Utah. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Blue Line Development hold?

Blue Line Development may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Utah Olene Walker Housing Loan Fund Board | State of Utah currently buying?

Explore Utah Olene Walker Housing Loan Fund Board | State of Utah's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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