OTHERAPPROVED

Emeril Apartments Receives $2 Million HOME Loan

The Board approved $2 million in HOME financing for Emeril Apartments, a 135-unit Salt Lake City development involving Blue Line Development. The financing will be structured as a 30-year, 5% surplus cash flow loan with a minimum annual payment of $3,000.

Document date · May 14, 2026

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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
OTHER
Contract term
30 years at 5% as a surplus cash flow loan
Renewal date
2056-05-14
Renewal
30-year surplus cash flow loan; minimum annual payment of $3,000. No renewal or extension option stated.
Document type
Minutes
Source document
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 government contract by Utah Olene Walker Housing Loan Fund Board | State of Utah?

Blue Line Development was awarded this government 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.

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in 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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