February 27, 2013

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah

Sections

Spotlight
Martin Plaehn

Spotlight
Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

TechKnowledge
In the Lab

EntrepreneurEdge
Rent to Own

Business Trends
Back from the Dead

Executive Living
Artful Inspiration

Features
A Breath of Fresh Air

Features
Worst-Case Scenario

Regional Report
Northern Utah

Focus
Measure Up

Industry Outlook
Travel & Tourism

Players
Players

Article

Affordable Housing Program Funds to Provide 153 Units in Utah

Press Release

February 27, 2013

The Federal Home Loan Bank of Seattle (Seattle Bank) has announced an award of $900,000 in Affordable Housing Program (AHP) funds to provide 153 units of affordable housing in Utah. The funding will help to create affordable rental and owner-occupied housing for very low-, low-, and moderate-income households, including homeless veterans and families with special needs.


Three projects in Utah received 2012 AHP awards:

  • $150,000 for NNHC First-time Homebuyer Program in Logan, sponsored by Bank of American Fork and Neighborhood Nonprofit Housing Corporation
  • $350,000 for New Valor House in Salt Lake City, sponsored by Zions First National Bank and Housing Authority of Salt Lake City
  • $400,000 for Bud Bailey Apartments I, LLC in Salt Lake City, sponsored by Zions First National Bank and Housing Authority of the County of Salt Lake City (dba Housing Opportunities)

The Seattle Bank is a wholesale financial cooperative, and it distributes AHP funding through its community financial institution members, who work with for-profit and nonprofit organizations in their communities to address local housing needs.

“We are honored to support our Utah members and their community partners in addressing such a broad range of housing needs,” said Seattle Bank President and CEO Michael L. Wilson. “We are grateful for their participation in our AHP and commend them for their partnership and commitment to affordable housing. We look forward to the completion of this work and to the positive impact it will have for the residents of these homes.”

Utah Business Social
UB Events View All
Content Marketing BootcampUtah Business Event
Oct 28, 2014
Please join Utah Business Magazine and Adobe, along with our other sponsors: Boostability, Right ...
Sustainable Business Awards 2014Utah Business Event
Nov 13, 2014
Utah Business magazine along with presenting sponsor Big D Construction, is pleased to announce t...
Best Companies to Work For 2014Utah Business Event
Dec 11, 2014
Utah Business magazine along with our sponsors Diversified Insurance and Miller Motor Sports Park...
Community Events View All
St. George Book Festival - The Writer's Journey: One-Day Workshop
Oct 24, 2014
Come enjoy this one-day conference designed to give authors and aspiring authors the opportunity ...
Sandler Management Solutions
Oct 24, 2014
Who Should Attend? If you are an owner or manager, you know that your job is one of the most d...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel