Practically $55 million in state funding will assist create about 1,100 new inexpensive housing models as Utah grapples with the dual crises of homelessness and hovering actual property costs.
The Utah Homelessness Council, created in 2021, voted unanimously Friday to allocate the unprecedented quantity authorised by state lawmakers this 12 months.
Tricia Davis, assistant director of Utah’s Workplace of Homeless Companies, stated the one-time infusion comes from the American Rescue Plan Act, a pandemic-relief measure handed by Congress final 12 months.
“It’s going to make a big influence,” she stated, “however there’s positively the necessity for extra.”
Greater than $30 million of the cash will come to Salt Lake County. It consists of:
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Practically $10.3 million to Mates of Switchpoint to construct The Level Fairpark in west Salt Lake Metropolis. The challenge requires changing a motel into an residence constructing with 94 income-restricted models, together with 44 that will likely be deeply inexpensive.
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$9 million for the second part of Pamela’s Place close to downtown Salt Lake Metropolis. The challenge will create 115 deeply inexpensive models.
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$4 million to The Different Facet Academy for a yet-to-be-approved village of tiny properties on Salt Lake Metropolis’s west aspect that might create 54 deeply inexpensive models.
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Practically $3.9 million to transform the Ramada at 1659 W. North Temple into 197 deeply inexpensive models. The property, which served as a brief overflow shelter final winter, will function underneath the identify Ville 1659.
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$1 million to the event group TWG to assemble a brand new residence constructing at 152 W. 4250 South in Murray. The constructing would have 40 income-restricted models, together with 5 deeply inexpensive ones.
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$800,000 to nonprofit developer Group Improvement Company of Utah for a brand new growth at 4101 S. Howick St. in Millcreek that can have 150 income-restricted models, together with 11 deeply inexpensive ones.
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$500,000 to Group Improvement Company of Utah for the Richmond Flats challenge on Salt Lake Metropolis’s east aspect. The funding will help 55 income-restricted models, together with 5 which might be deeply inexpensive
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Practically $780,000 will go to developer BlueLine to take over the Stratford Flats in downtown Salt Lake Metropolis. The constructing will provide 46 deeply inexpensive models. (The Stratford already has inexpensive housing, however the present proprietor desires to promote the constructing. BlueLine would protect the residences as an inexpensive possibility.)
Greater than $16 million will go to Weber, Washington and Utah counties for inexpensive housing tasks. Iron and Sevier counties, in the meantime, will obtain a mixed $7 million to help such efforts.
In complete, the roughly $53.3 million the council authorised will help 1,078 inexpensive models, 679 of which will likely be deeply inexpensive. Greater than 500 will likely be devoted to serving to the state’s unsheltered inhabitants.
The remaining $1.7 million the state allotted to housing will likely be used to make sure recipients observe by with their proposals.
Contract negotiations for every challenge can start instantly.
SB238, which arrange the fund this 12 months, required grant candidates to indicate each a housing and repair plan, in line with Wayne Niederhauser, state homeless coordinator.
“We all know that housing and companies go collectively,” he stated throughout Friday’s assembly. “One doesn’t work with out the opposite.”
Of the $168 million value of tasks the state acquired purposes for, the newly authorised funding goes to the highest tasks, Niederhauser stated. Officers reviewed the proposals final month and checked out what funding candidates already had in place, what number of models every challenge would create, challenge budgets, proposed service plans and the way shortly every unit may come on line.
Though the quantity is historic, it represents lower than half the $128 million Gov. Spencer Cox proposed.