Board Meeting: Olene Walker Housing Loan Fund - Revision 5
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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
- October 15, 2026 09:00 AM
- Event End Date & Time
- October 15, 2026 01:00 PM
- Description/Agenda
- Olene Walker Housing Loan Fund Date: October 15, 2026 Time: 9:00am Anchor Location: Multi-Agency State Office Building, 195 North 1950 West, SLC UT 84115 Virtual Link: https://utah-gov.zoom.us/j/81040058074 Agenda Welcome and Introductions: Beth Holbrook Roll Call: Janell Quiroz Public Comment: Beth Holbrook Action Items: Approval of minutes: Beth Holbrook Quarterly Meeting - September 10, 2026 Financial Report & FY27 Budget Update Thom Kingston Funding Available (approximate): Funding Requested: HOME: $13,621,092.33 HOME: $18,302,747.00 HOME Match: $ 675,000.00 Match: $ 0.00 HTF: $ 3,026,181.06 HTF: $13,090,781.00 LIH: $ 1,732,783.93 LIH: $ 3,313,388.00 PDG: $ -0- PD: $ -0- Total: $19,055,057.32 Total: $34,706,916.00 Electronic Meeting Resolution Brian Swan 2027 - OWHLF board meeting schedule Beth Holbrook New Business: 1. Discussion of funding availability and awards Dan Murphy New Applications Received [listed by statute priority, then by score] A. Homeless Projects [Statute Priority - Homelessness]: 273 Apartments - Blue Line/First Step House Todd Andersen Score: 459 out of 500 $1M HOME New Construction - 9% LIHTC - 50 Units - Awarded Sept 25, 2026 Also awarded State LIHTC Sept 25, 2026 273 East 800 South, Salt Lake City, Salt Lake County Parkhill Commons - Blue Line/Housing Connect Daniel Herbert-Voss Score: 437 out of 500 $1.25M HOME New Construction - 9% LIHTC - 70 Units - Awarded Sept 25, 2026 Also awarded State LIHTC Sept 25, 2026 201 East Parkhill Way, Millcreek, Salt Lake County Safe Haven - GIV Group/Valley Behavioral Health Daniel Herbert-Voss Score: 435 out of 500 $2M HOME Acquisition/Rehabilitation - 9% LIHTC - 54 Units - Awarded Sept 25, 2026 Also awarded State LIHTC Sept 25, 2026 550 & 556 West 700 South, Salt Lake City, Salt Lake County B. Acquisition/Rehab Projects [Statute Priority - Acquisition/Rehabilitation]: Friendship Manor - Friendship Manor Corporation Daniel Herbert-Voss Score: 400 out of 500 $1.65M HOME, $2M HTF Rehabilitation - HUD Permanent Supportive Housing - 178 units 1320 East 500 South, Salt Lake City, Salt Lake County Landmark - Western Region Nonprofit Housing Corp Daniel Herbert-Voss Score: 368 out of 500 $1M HOME, $600K HTF Acquisition/Rehabilitation - 9% LIHTC - 52 units - Awarded Sept 25, 2026 350 West 400 North, Tooele, Tooele County Northwest Pipeline - Housing Authority of SLC/HAME Daniel Herbert-Voss Scores: 367 out of 500 $1.47M HOME, $1.53M HTF Acquisition/Rehabilitation - PAB/4% LIHTC - 63 units - Awarded April 8, 2026 Awarded State Tax Credits on August 27, 2026 315 East 200 South, Salt Lake City, Salt Lake County St. George Villas - Hampstead Development Daniel Herbert-Voss Score: 244 out of 500 $1M HOME Acquisition/Rehabilitation - PAB/4% LIHTC - 40 units - awarded July 8, 2026 351 West Tabernacle Street, St. George, Washington County C. New Construction [Statute Priority - New Construction]: The Lupine Apartments - Housing Authority of SLC/HAME Daniel Herbert-Voss Score: 364 out of 500 $2M HOME, $1M HTF New Construction - PAB/4% LIHTC - 133 units - Awarded April 8, 2026 Awarded State Tax Credits on August 27, 2026 333 East 200 South, Salt Lake City, Salt Lake County The Three Ferns - GIV Group Daniel Herbert-Voss Score: 362 out of 500 $1M HTF Acquisition/Rehabilitation - 9% LIHTC - 50 units - Awarded Sept 25, 2026 486 26th Street, Ogden, Weber County The Jefferson Apartments - Great Lakes Capital Daniel Herbert-Voss Score: 348 out of 500 $2M HOME, $2M HTF New Construction - PAB/4% LIHTC - 182 units - Awarded July 9, 2025 Awarded State Tax Credits on December 30, 2025 1376-1390 South Jefferson Street, Salt Lake City, Salt Lake County The Amelia - Cole West/Affordable Housing Specialists Todd Andersen Score: 337 out of 500 $1.37M LIH New Construction - PAB/4% LIHTC - 144 units - Awarded January 14, 2026 Awarded State Tax Credits on August 27, 2026 916 South 200 West, Salt Lake City, Salt Lake County The Chicago - Great Lakes Capital Daniel Herbert-Voss Score: 327 out of 500 $3.1M HOME/HTF New Construction - PAB/4% LIHTC - 119 units - Awarded January 14, 2026 Awarded State Tax Credits on August 27, 2026 27-41 North Chicago Street, Salt Lake City, Salt Lake County Cove Junction Apartments II - Western Region NHC Daniel Herbert-Voss Score: 316 out of 500 $1.35M HOME/HTF New Construction - 9% LIHTC - 40 units - Awarded Sept 25, 2026 1534 South Cove View Road, Richfield, Sevier County Book Cliffs Flats - Green River Partners Todd Andersen Score: 312 out of 500 $500K LIH New Construction - 9% LIHTC - 25 units - Awarded Sept 25, 2026 125-195 North Howard Street, Green River, Emery County Lone Pine Manor - Spire Development Daniel Herbert-Voss Score: 293 out of 500 $2.9M HOME/LIH New Construction - 9% LIHTC - 48 units - Awarded Sept 25, 2026 1260 West 1700 North, Salem, Utah County The Winston Apartments - Chelsea Investment Group Daniel Herbert-Voss Score: 292 out of 500 $2M HOME, $2M HTF New Construction - PAB/4% LIHTC - 154 units - Awarded July 8, 2026 Not awarded STC in first round, but have re-applied for STC second round. 1485 South 300 West, Salt Lake City, Salt Lake County D. Returning Projects Requesting Changes: Elmbridge - Mountainlands Community Housing Trust Daniel Herbert-Voss End of 15-Yr LIHTC Period - Investor Exit No New Funds Requested Loan #HPO1181 - $1M Awarded April 22, 2010 - 76 Units 82 West 750 North, Heber City, Wasatch County Reports (Please review prior to meeting - Staff will answer questions) Multifamily Quarterly Progress Report Daniel Herbert-Voss Energy Star Report Daniel Herbert-Voss Monitoring Report Update Steve Fox HomeChoice Quarterly Report Suzanne Jacob Cash Flow Loan Status Report Daniel Herbert-Voss TOD Report LuAnn Spangberg Utah Housing Preservation Fund Lukas Ridd Next Quarterly Board Meeting: February 11, 2027 Adjourn:
- 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 Janell Quiroz(jquiroz@utah.gov)
- Notice of Electronic or Telephone Participation
- You are invited to a Zoom webinar! When: This is a recurring webinar Topic: Board Meeting: Olene Walker Housing Loan Fund Join from PC, Mac, iPad, or Android: https://utah-gov.zoom.us/j/81040058074 Phone one-tap: +13462487799,,81040058074# US (Houston) +16694449171,,81040058074# US Join via audio: +1 346 248 7799 US (Houston) +1 669 444 9171 US +1 669 900 6833 US (San Jose) +1 719 359 4580 US +1 253 205 0468 US +1 253 215 8782 US (Tacoma) +1 312 626 6799 US (Chicago) +1 360 209 5623 US +1 386 347 5053 US +1 507 473 4847 US +1 564 217 2000 US +1 646 931 3860 US +1 689 278 1000 US +1 929 205 6099 US (New York) +1 301 715 8592 US (Washington DC) +1 305 224 1968 US +1 309 205 3325 US Webinar ID: 810 4005 8074 International numbers available: https://utah-gov.zoom.us/u/ktbcMumsD
- 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.
Meeting Information
- Meeting Location
-
195 N 1950 W
Housing and Community Development
Salt Lake City, UT 84116
Show in Apple Maps Show in Google Maps - Contact Name
- Janell Quiroz
- Contact Email
- jquiroz@utah.gov
Notice Posting Details
- Notice Posted On
- September 16, 2026 08:00 AM
- Notice Last Edited On
- October 17, 2026 10:16 AM
Download Attachments
| File Name | Category | Date Added |
|---|---|---|
| 1. - Agenda - Quarterly board meeting - 10.15.26.docx.pdf | Public Information Handout | 2026/10/13 12:03 PM |
Board/Committee Contacts
| Member | Phone | |
|---|---|---|
| Jed Mark Nilson | N/A | N/A |