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Salt Lake City CRA approves over $6 million for income-qualifying buyers to build wealth

Salt Lake City CRA approves over $6 million for income-qualifying buyers to build wealth

by Jacob Scholl | May 13, 2026 | Developments, Glendale, Policy, Proposed, Salt Lake City

Salt Lake City is setting aside millions of dollars for housing programs aimed at building wealth for renters, hoping to bridge the gap between renting and home ownership for city residents. This year’s spend outpaced last year’s inaugural outlay, and the...
$3.2 million at City Hall is searching for projects willing to share profits, ownership with tenants

$3.2 million at City Hall is searching for projects willing to share profits, ownership with tenants

by Luke Garrott | Oct 24, 2024 | Policy, Salt Lake City

In a step toward mitigating the displacement of moderate- and low-income residents from the city, leaders at City Hall are crafting an incentive program for developers to offer “wealth-building” arrangements so that renters in selected projects can move into home...
City closer to subsidizing ADU construction for homeowners on west side

City closer to subsidizing ADU construction for homeowners on west side

by Luke Garrott | Oct 17, 2024 | 9-Line, Fairpark, Glendale, Jordan Meadows, Policy, Poplar Grove, Rose Park, Salt Lake City

After making accessory dwelling units (ADUs) legal by right across the city in most residential zones 18 months ago, City Hall is taking steps to implement a financial program to make it possible for homeowners with modest incomes and limited home equity to afford to...

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