Case Study

5th East Apartments

Details

5th East Apartments

Salt Lake City, Utah
$3,984,290
Developer: First Step House

Summary

5th East Apartments is a 75-unit property located in downtown Salt Lake City, Utah. The 75-unit property is dedicated to individuals earning 25% of the area median income. This property was made possible with support from The Housing Authority of the County of Salt Lake, the Salt Lake County Division of Behavioral Health Services, First Step House, and BlueLine Development. The project seeks to combat homelessness and help those with severe mental health struggles have a safe and clean living environment.

Community Impact

5th East Apartments provides 75 one-bedroom units of permanent housing – all set aside for those who are or were recently homeless. 8 of those units are set aside for the mentally ill. The property’s location has close access to grocery stores, the city library, TRAX, and other necessities – allowing residents ease of access to employment, food, and transportation.