affordable housingCritical priorityopen

Affordable Housing & Tenant Wealth Building

Salt Lake City

Summary

The CRA is launching a $2 million down payment assistance program to help low-to-moderate income families buy homes.

At a glance

Total mentions: 1
Last 30 days: 0

Last discussed Feb 10, 2026.

Impact analysis

💰Financial impact

$2 million program allocation.

✅Who benefits

First-time homebuyers earning 80% or greater of the Area Median Income.

Mentions & discussions (1)

MeetingFeb 10, 2026

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

The city is testing a new model where low-income renters can actually build equity and wealth, rather than just paying rent. The project at 515 East 100 South is a pilot for this, and it's already showing success with full occupancy.

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