The CRA Board approved $8.1 million in funding for affordable housing projects and discussed future strategies, including equitable geographic distribution, wealth-building models, and refining scoring criteria to incentivize housing in underserved areas.
At a glance
Rising — being discussed more frequently. 6 mentions in the last 30 days, 2 the 60 before, 1 the 90 before that.
The city is earmarking $9.9 million for housing programs to help address the local affordability crisis.
Low-to-moderate income families and individuals in need of affordable housing options.
Projects specifically within the CBD that might have utilized these funds may not receive them.
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,...