Quarterly Board Meeting
October 9, 2025 - 9:00 am
Utah State Capitol Building
350 North State Street - Room 445
Salt Lake City, Utah
Zoom Link
https://utah-gov.zoom.us/j/85485380755
A G E N D A
Welcome Beth Holbrook
Public Comment: (3 minutes)
ACTION ITEMS:
Item 1: Approval of Minutes: (3 minutes) Beth Holbrook
Quarterly Meeting - July 10, 2025
Item 2: Financial Report & FY 2025 Budget Update: (5 minutes) Kaylee Beck
Item 3: 2026 OWHLF Board Meeting Schedule (5 minutes) Dan Murphy
Item 4: Policy outreach - update (3 minutes) Dan Murphy
NEW BUSINESS:
Item 1: New Applications Received (listed by statute priority and then by score):
Homeless Projects [Statute Priority - Homelessness]:
No Applications Submitted
Acquisition/Rehab Projects [Statute Priority - Rehabilitation]:
Rose Park (Vernal) - Neighborhood Nonprofit HC Daniel Herbert-Voss
Score: 339 out of 500 (7 minutes)
Acquisition/Rehabilitation - 9% LIHTC (awarded)/OWHLF (Applying)
329 East 500 South, Vernal, Uintah County
Requesting $2,000,000
2. Remington Park I (Tooele) - Western Region NPC Daniel Herbert-Voss
Score: 238 out of 500 (7 minutes)
Acquisition/Rehabilitation - 9% LIHTC (awarded)/OWHLF (Applying)
495 Utah Avenue, Tooele, Tooele County
Requesting $1,300,000
New Construction Projects [Ranked by Score]:
3. Senior Living at Millcreek (Ogden ) - B3 Development Daniel Herbert-Voss
Score: 352 out of 500 (7 minutes)
New Construction - PAB/4% LIHTC/OWHLF (Applying)
Requesting $2,000,000
151 12th Street, Ogden, Weber County
Item 2: Returning Multifamily Projects [Listed Alphabetical]:
Alta Fairpark (SLC) - Alta Bay Capital (7 minutes) Daniel Herbert-Voss
New Construction - PAB/4% LIHTC (Re-Applying)
Awarded $1,908,989
No New Funds Requested
140 North 1000 West, SLC, Salt Lake County
Alta North Station (SLC) - Alta Bay Capital (7 minutes) Daniel Herbert-Voss
New Construction - PAB/4% LIHTC (Re-Applying)
Awarded $2,000,000
No New Funds Requested
1865 West North Temple, SLC, Salt Lake County
Crown Village (Tremonton) - Bear River AOG (7 minutes) Daniel Herbert-Voss
Requesting OWHLF Subordination to New 1st Mortgage
Awarded $203,772
No New Funds Requested
370 & 390 North 270 West, Tremonton, Box Elder County
Independence Lane (Logan) - CAPSA (7 minutes) Daniel Herbert-Voss
Requesting OWHLF Loan Forgiveness
Awarded $859,300
No New Funds Requested
514-545 West 330 North, Logan, Cache County
Kelly Benson (WVC) - Housing Connect (7 minutes) Daniel Herbert-Voss
LIHTC Compliance Exit - Purchase from LIHTC Investor
Awarded $1,250,000
No New Funds Requested
3122 South 3600 West, WVC, Salt Lake County
Victory Heights Phase I (SLC) - BCG ARC Group (7 minutes) Daniel Herbert-Voss
Requesting OWHLF Subordination to Larger 1st Mortgage
Awarded $1,000,000
No New Funds Requested
1060 East 100 South, SLC, Salt Lake County
Item 3: Reports (Please review prior to meeting - Staff will answer questions)
1. Multifamily Quarterly Progress Report Daniel Herbert-Voss
2. Single Family Progress Report Kathryn Halterman
3. Energy Star Report Daniel Herbert-Voss
4. Monitoring Report Update Steve Fox
5. Home Choice Quarterly Report Suzanne Stout
6. Cash Flow Loan Status Report Daniel Herbert-Voss
7. TOD Report Dan Adams
8. Utah Housing Preservation Fund Lukas Ridd
Next Quarterly Board Meeting: February 5, 2026
Adjourn:
Notice of Special Accommodations (ADA)
NOTICE OF SPECIAL ACCOMMODATION DURING PUBLIC MEETINGS In compliance with the ADA, individuals needing special accommodations during this meeting should notify Dan Murphy at danmurphy@utah.gov at least three (3) working days prior to meeting.
Notice of Electronic or Telephone Participation
Electronic or Telephone participation may be utilized with the following Zoom link:
https://utah-gov.zoom.us/j/85485380755
The personal data that you provide, or that is collected from you, when you attend or speak at a public meeting is classified as a public record pursuant to Utah Code 63G-2-301 of the Government Records Access Management Act (GRAMA), and may be made available to the public as provided by Utah Code 63G-2-201.
Find our Privacy Notice here. https://jobs.utah.gov/department/privacy.html
Other Information
The personal data that you provide, or that is collected from you, when you attend or speak at a public meeting is classified as a public record pursuant to Utah Code 63G-2-301 of the Government Records Access Management Act (GRAMA), and may be made available to the public as provided by Utah Code 63G-2-201.
Find our Privacy Notice here. https://jobs.utah.gov/department/privacy.html