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Board Meeting: Olene Walker Housing Loan Fund - Revision 3

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General Information

Government Type
State Agency
Entity
Governor's Office > Office of Economic Development (GOED)
Entity Website
https://business.utah.gov/
Public Body
Olene Walker Housing Loan Fund Board

Notice Information

Notice Title
Board Meeting: Olene Walker Housing Loan Fund
Notice Type(s)
Meeting
Event Start Date & Time
May 14, 2026 09:00 AM
Event End Date & Time
May 14, 2026 12:00 PM
Description/Agenda
Olene Walker Housing Loan Fund Quarterly Board Meeting May 14, 2026 - 9:00 am Olene Walker Building 140 East 300 South - Room 201 Salt Lake City, Utah Zoom Link https://utah-gov.zoom.us/j/81040058074 A G E N D A Welcome Beth Holbrook Public Comment: ACTION ITEMS: Item 1: Approval of Minutes: Beth Holbrook Quarterly Meeting - February 12, 2026 Item 2: HCD Updates Tricia Davis Winter Item 3: Legislative Appropriations Update Tricia Davis Winter Item 4: Financial Report & FY 2026 Budget Update Kaylee Beck Funding Available (total - approximate): Funding Requested (total): HOME: $5.6M HOME: $4,000,000 HTF: $244K HTF: $0 LIH: $135K LIH: $135K Predevelopment: $200K Predevelopment: $150K NEW BUSINESS: Item 1: New Applications Received (listed by statute priority and then by score): Homeless Projects [Statute Priority - Homelessness]: The Refuge Utah (Provo) - The Refuge Utah Daniel Herbert-Voss Score: 204 out of 500 New Construction - OWHLF-Only - 48 Units Requesting $2M HOME Funds 866 North 400 West, Orem, Utah County Acquisition/Rehab Projects [Statute Priority - Acquisition/Rehabilitation]: None Submitted New Construction Projects [Ranked by Score]: Emeril Apartments (SLC) - CDC of Utah/Blue Line Development Daniel Herbert-Voss Score: 335 out of 500 New Construction - PAB/4% LIHTC - 135 Units Requesting $2M HOME Funds 826 Emeril Avenue, Salt Lake City, Salt Lake County Predevelopment Grants: Blanding Partners, LLC (Blanding) - Future 9% LIHTC Project Todd Andersen Rural Pre-Development Grant - 30 Units Requesting $50K LIH PD Funds 650 South Main Street, Blanding, San Juan County Book Cliffs Flats (Green River) - Future 9% LIHTC Project Todd Andersen Rural Pre-Development Grant - 25 Units Requesting $50K LIH PD Funds 125-195 North Howard Street, Green River, Emery County Wasatch CTE Homebuilding Project (Heber City) - Homeowner Daniel Herbert-Voss Rural Pre-Development Grant - 30 Units Requesting $50K LIH PD Funds 1422 East 600 South, Heber City, Wasatch County Item 2: Returning Multifamily Projects (listed alphabetically): Bud Bailey I & II (Millcreek) - Housing Connect Daniel Herbert-Voss RMCRC Refinancing (OWHLF Re-Subordination) - 136 Units $1,065M HOME Funds (Jan 26, 2012 & Jan 24, 2013) No New Funds Requested 3970 South Main Street, Millcreek, Salt Lake County Clark Cove Cottages (Grantsville) - Tooele County HA Daniel Herbert-Voss Requesting New Ownership (End of LIHTC Period) - 24 Units Awarded $430,000 State LIH/RD (April 10, 2010) No New Funds Requested 316 East Clark Street, Grantsville, Tooele County 2. Senior Living at Millcreek (Ogden) - SLAM Development Daniel Herbert-Voss Requesting Loan Change, Add'l Funds - Cash Flow - 116 Units Awarded $2,000,000 HOME (October 9, 2025) Requesting $135K LIH Funds Score: 347 out of 500 151 12th Street, Ogden, Weber County Item 3: Reports (Please review prior to meeting - Staff will answer questions) 1. Multifamily Quarterly Progress Report Daniel Herbert-Voss 2. Single Family Report Progress Report Kathryn Halterman 3. Energy Star Report Daniel Herbert-Voss 4. Monitoring Report Update Steve Fox 5. Home Choice Quarterly Report Josh Runhaar 6. Cash Flow Loan Status Report Daniel Herbert-Voss 7. TOD Report Dan Adams 8. Utah Housing Preservation Fund Lukas Ridd 9. Landlord Incentive Program Kathryn Halterman Next Quarterly Board Meeting: September 10, 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
Zoom attendance available at https://utah-gov.zoom.us/j/81040058074
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

Meeting Information

Meeting Location
140 E 300 S
Salt Lake City, UT 84111
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Contact Name
Janell Quiroz
Contact Email
jquiroz@utah.gov

Notice Posting Details

Notice Posted On
April 21, 2026 07:17 AM
Notice Last Edited On
May 14, 2026 12:04 PM

Download Attachments

Download Attachments
File Name Category Date Added
1. - Agenda - Quarterly Board Meeting - 05-14-2026.docx.pdf Public Information Handout 2026/05/07 12:11 PM

Board/Committee Contacts

Board/Committee Contacts
Member Email Phone
Jed Mark Nilson N/A N/A

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