[delts145]

Downtown Update - Nonprofit seeks to add more affordable housing near downtown

Isaac Riddle Reports - Full Article @ https://www.buildingsaltlake.com/non...near-downtown/

...On Tuesday, council and Housing and Neighborhood Development staff will brief the council on a Housing Trust Fund loan request from First Step House, a nonprofit that focuses on mental health, recovery treatment and housing for veterans and low-income individuals. First Step House is requesting a loan of $402,250 for land acquisition of a two-story vacant commercial structure directly north of their facility that treats and houses veterans on the 400 south block of 500 East.

The nonprofit plans redevelop the 0.2-acre site into a 40-unit affordable housing project. The units would be reserved for residents earning less than 30 percent the Area Median Income (AMI). The project would be the third phase of the First Step’s 500 East campus that when built out will add 115 affordable units to the market...


Conceptual rendering of the proposed second phase in the First Step House campus. The two-story office building pictured on the right is the site of the project’s proposed third phase. The completed first phase building is pictured to the left. Image courtesy First Step House.

.