Private Activity Bond Authority Program (PAB) - Revision 2
This is a Notice Revision
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General Information
- Government Type
- State Agency
- Entity
- Department of Workforce Services
- Entity Website
- https://jobs.utah.gov/
- Public Body
- Private Activity Bond Program (PAB)
Notice Information
- Notice Title
- Private Activity Bond Authority Program (PAB)
- Notice Tags
- Department of Workforce Services
- Notice Type(s)
- Meeting
- Event Start Date & Time
- April 12, 2023 09:00 PM
- Description/Agenda
- PRIVATE ACTIVITY BOND PROGRAM NOTICE OF PUBLIC MEETING April 12, 2023 at 9:00 a.m. Olene S. Walker Building 140 East 300 South, Room 101 North Salt Lake City, Utah 84111 This meeting will be streamed at https://utah-gov.zoom.us/j/87434255254. John T. Crandall, Chairman of the Board AGENDA I. Welcome and Introductions II. Approval of Minutes A. January 11, 2023 Meeting Minutes IV. Status of Accounts V. Volume Cap Extension Requests Extension Requests A. Single Family Housing 1. Utah Housing Corporation First $154,214,445 Requested Single Family Allotment for 2023 B. Multifamily Housing Projects 1. Magnolia at Homestead Third 140 Units - 100% Affordable New Construction 650 W 400 N Developer - Wasatch Affordable Ventures Logan, UT 84321 Original Allocation - $17,700,000 [July 13, 2022] 2. Homestake Third 124 Units - 79% Affordable New Construction 1875 Homestake Rd Developer - J. Fisher Co. Park City, UT 84060 Original Allocation - $24,500,000 [July 13, 2022] Current Allocation - $27,000,000 [January 11, 2023] 3. Syracuse Affordable Third 300 Units - 100% Affordable New Construction 1700 W 300 S Developer - Wasatch Residential Syracuse, UT 84075 Original Allocation - $45,000,000 [July 13, 2022] Current Allocation - $48,000,000 [January 11, 2023] 4. Silvercrest Third 53 Units - 99% Affordable New Construction 2615 Grant Avenue Developer - Salvation Army Ogden, UT 84401 Original Allocation - $8,550,000 [July 13, 2022] 5. Howick Third 150 Units - 100% Affordable New Construction 4101 S Howick St Developer - Blueline & CDC Utah Millcreek, UT 84107 Original Allocation - $30,000,000 [July 13, 2022] 6. Ville 9 Apartments Second 65 Units - 100% Affordable New Construction/Acquisition/Rehabilitation 1025 N 900 W Developer - Villa Property Management SLC, UT 84116 Original Allocation - $9,600,000 [October 12, 2022] 7. Glendale Gardens Second 120 Units - 100% Affordable New Construction 406 E 300 S Developer - Mana 7 Charities & TCB Industries SLC, UT 84111 Original Allocation - $16,000,000 [October 12, 2022] 8. MODA Greenwell Second 176 Units - 100% Affordable New Construction 2459 Quincy Avenue Developer - J. Fisher Co. Ogden, UT 84401 Original Allocation - $27,550,000 [October 12, 2022] 9. Price Apartments First 168 Units - 100% Affordable Main Street and New Construction Airport Road Developer - CJM Development Price, UT 84501 Original Allocation - $20,500,000 [January 11, 2023] 10. Liberty Corner First 172 Units - 100% Affordable New Construction 1285 S 300 W Developer - Cowboy Partners SLC, UT 84101 Original Allocation - $42,100,000 [January 11, 2023] 11. Silos on 500 First 175 Units - 100% Affordable New Construction 515 S 500 W Developer - Lowe Holdings SLC, UT 84101 Original Allocation - $20,000,000 [January 11, 2023] 12. 9Ten West First 175 Units - 100% Affordable New Construction 910 W Temple Developer - Great Lakes Capital SLC, UT 84116 Original Allocation - $14,486,000 [January 11, 2023] 13. Lotus Citywalk First 99 Units - 100% Affordable New Construction 265 22nd St. Developer - Lotus Development Ogden, UT 84410 Original Allocation - $16,000,000 [January 11, 2023] 14. Lotus Lincoln First 99 Units - 100% Affordable New Construction 1860 Lincoln Ave. Developer - Lotus Development Ogden, UT 84401 Original Allocation - $18,750,000 [January 11, 2023] VI. New Volume Cap Requests Amount Requested A. Multifamily Housing Projects 1. SPARK! $5,000,000 200 Units - 100% Affordable New Construction 1500 W North Temple Developer - Brinshore SLC, UT 84116 2. Alta Crossing $43,000,000 285 Units - 100% Affordable New Construction 909 West South Temple Developer - Alta Bay SLC, UT 84104 3. Skyline Apartments $19,367,000 112 Units - 100% Affordable New Construction 430, 443, 448 N Fairfield Rd Developer - Hampstead Layton, UT 84041 B. Multifamily Housing Projects 4. Spor Mountain (Ares) $10,000,000 Fluorspar Mining Project New Construction Millard County Developer - Ares Strategic Mining VII. Other Business and Adjournment A. Next Meeting - Wednesday, July 12, 2023
- Notice of Special Accommodations (ADA)
- In compliance with the Americans with Disabilities Act, individuals needing special accommodations (including auxiliary communicative aids and services) during this meeting should notify McKenna Marchant at 801-468-0145.
- Notice of Electronic or Telephone Participation
- NA
Meeting Information
- Meeting Location
-
140 E 300 S
Salt Lake City, UT 84111
Show in Apple Maps Show in Google Maps - Contact Name
- Janell Quiroz
- Contact Email
- jquiroz@utah.gov
Notice Posting Details
- Notice Posted On
- March 21, 2023 02:18 PM
- Notice Last Edited On
- April 11, 2023 11:10 AM
Download Attachments
| File Name | Category | Date Added |
|---|---|---|
| PAB Board Meeting Agenda - April 12, 2023.pdf | Other | 2023/03/21 02:17 PM |
| PAB Board Meeting Agenda - April 12, 2023 - RESCHEDULED NOTICE.pdf | Other | 2023/04/11 09:12 AM |