Summary
The CRA board is considering nearly $10 million in low-interest gap financing for seven commercial and mixed-use projects across Salt Lake City. These funds help spur downtown business growth and require matching residential components in mixed-use developments.
At a glance
- Total mentions
- 7
- Last 30 days
- 2
Discussed at 1 meeting in the last 60 days; most recently Oct 13, 2026.
Impact analysis
Approximately $9.03 million in loan allocations will be distributed across seven projects, utilizing both project area funds and $3.18 million in non-project area revolving loan funds.
Local developers, commercial business owners, and residents seeking new mixed-use spaces and neighborhood retail options.
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Mentions & discussions (12)
Salt Lake City CRA approves $7M in loans supporting nearly $54M in development
Salt Lake City CRA approves $7M in loans supporting nearly $54M in development Gephardt Daily
Community Reinvestment Agency (CRA) Meeting - Oct 13, 2026
The CRA board is considering nearly $10 million in low-interest gap financing for seven commercial and mixed-use projects across Salt Lake City. These funds help spur downtown business growth and require matching residential components in mixed-use developments.
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