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City approves funding for four affordable housing projects

City approves funding for four affordable housing projects

by Isaac Riddle | Oct 10, 2018 | Ballpark, Central City, Developments, Downtown, Jordan Meadows, Proposed, Salt Lake City

Armed with $10 million reserved for affordable housing projects, on Tuesday, October 10 the Salt Lake City Council acting as the Board of Directors for the city’s Redevelopment Agency RDA Board approved a total of $8.5 million in housing loans to create 570...
City seeking proposals for redevelopment of North Temple motel

City seeking proposals for redevelopment of North Temple motel

by Isaac Riddle | Apr 2, 2018 | Developments, Jordan Meadows, Proposed, Salt Lake City

Salt Lake City, like the most of America’s largest cities, is facing a growing rent crisis as housing prices to continue to rise faster than incomes.  Salt Lake City leaders are hoping to close that gap with funds from its Redevelopment Agency (RDA) that will go...
City agrees on the need, but still finalizing its approach to affordable housing

City agrees on the need, but still finalizing its approach to affordable housing

by Isaac Riddle | Nov 14, 2017 | Salt Lake City

An estimated 45.3 percent of Salt Lake City renters were cost-burdened in 2016 according to a new report by Apartment List.  Nationally, 37 percent of renters were cost-burdened last year, spending more than 30 percent of their income on housing costs. Not only are...
Council opts to buy motel to have more oversight of affordable housing project

Council opts to buy motel to have more oversight of affordable housing project

by Isaac Riddle | Oct 25, 2017 | Developments, Jordan Meadows, Proposed, Salt Lake City

In a special meeting, the Salt Lake City Council acting as the Redevelopment Agency of Salt Lake board of directors unanimously voted to purchase 2.07 acres located directly north of the Power Station TRAX station on North Temple. The original purpose of the meeting...
City reveals five sites for proposed affordable housing developments

City reveals five sites for proposed affordable housing developments

by Isaac Riddle | Oct 20, 2017 | Depot District, Developments, Downtown, Jordan Meadows, Liberty Wells, Proposed, Salt Lake City, Sugar House

With $21 million to spend on affordable housing, the city’s Redevelopment Agency has announced five potential sites for affordable housing projects.  The projects are part of the RDA’s draft housing funding strategy that was created in response to a...

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