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Salt Lake City
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affordable housingCritical priorityopen

Affordable Housing Funding

Salt Lake City

Summary

The CRA restructured a 2008 loan for Palmer Court to help The Road Home build the new Gardens at Palmer housing project. This change allows the property to transition from outdated short-term rooms to modern, trauma-informed permanent supportive housing.

At a glance

Total mentions
9
Last 30 days
0

Last discussed May 19, 2026.

Impact analysis

💰Financial impact

No new city funds were requested; the action modifies an existing $3 million forgivable loan.

✅Who benefits

Low-income individuals and families needing permanent supportive housing in Salt Lake City.

⚠️Who could be affected

None identified.

Mentions & discussions (13)

Building Salt LakeJun 2, 2026

South Salt Lake approves tax increment funds for 2 multifamily projects along West Temple

A pair of upcoming multifamily projects in South Salt Lake will receive tax increment funds in exchange for adding affordable housing units to the city. Last week, the South Salt Lake City Council, acting as the city’s Redevelopment Agency, unanimou...

MeetingMay 19, 2026

Limited Community Reinvestment Agency (CRA) Meeting - May 19, 2026

The city is proposing to invest $9.9 million into affordable housing. This is a big deal for residents struggling with rising costs, as it focuses on deeply affordable units and family-sized housing.

Building Salt LakeMay 13, 2026

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

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,...

MeetingMay 5, 2026

Limited Community Reinvestment Agency (CRA) Meeting - May 5, 2026

Housing funds originally designated for the Central Business District are being transferred to a citywide secondary housing fund because no eligible projects were identified in the CBD. This allows the funds to be used for affordable housing across the city.

MeetingApr 22, 2026approved

LBA, CRA and Council Formal Meeting - Apr 21, 2026

The council approved funding allocations for federal housing grants and local housing programs, including support for case management services.

MeetingApr 14, 2026approved

Community Reinvestment Agency (CRA) Meeting - Apr 14, 2026

The CRA adopted annual funding priorities for affordable housing, focusing on deeply affordable units, family housing, and wealth-building initiatives.

MeetingMar 10, 2026approved

Community Reinvestment Agency (CRA) Meeting - Mar 10, 2026

The board is handing out $8.1 million to help build more affordable housing. They are also looking at how to make sure these projects are spread out across the city rather than clustered in one spot.

MeetingJan 5, 2026

Oath of Office Ceremony - Jan 5, 2026

Council members acknowledged that housing affordability is a major challenge that requires daily, incremental effort rather than a single quick fix.

KSL NewsNov 5, 2025

Salt Lake City makes another $14.4M available for affordable housing construction

Salt Lake City makes another $14.4M available for affordable housing construction KSL News

MeetingAug 12, 2025

Community Reinvestment Agency (CRA) Meeting - Aug 12, 2025

The CRA restructured a 2008 loan for Palmer Court to help The Road Home build the new Gardens at Palmer housing project. This change allows the property to transition from outdated short-term rooms to modern, trauma-informed permanent supportive housing.

MeetingApr 8, 2025approved

Community Reinvestment Agency (CRA) Meeting - Apr 8, 2025

The CRA reaffirmed its commitment to affordable housing by keeping core priorities like deeply affordable units, family housing, and wealth-building homeownership programs. These priorities guide how millions in housing funds and loan programs are distributed.

MeetingMar 18, 2025approved

Community Reinvestment Agency (CRA) Meeting - Mar 18, 2025

A new program provides financing to help homeowners build accessory dwelling units, increasing housing density and rental options.

KSL Salt Lake County

New affordable housing development breaks ground in Salt Lake City

SALT LAKE CITY — City leaders and developers broke ground Thursday on a new affordable housing project aimed at helping working families stay in Salt Lake City as housing costs continue to rise.The development,...

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