RMCRC Funding of a New Multifamily Housing Project and Community Resource Center to Address Homelessness and Affordable Housing Shortage
Project includes the addition of 66 affordable units and transformation of the historic Harris Elementary School into a community resource center
Salt Lake City, UT — August 14, 2024 — Rocky Mountain Community Reinvestment Corporation (RMCRC), a leading nonprofit dedicated to fostering affordable housing across the Rocky Mountain region, announced the funding of the Harris Community Village in Tooele, Utah. Developed in partnership with the Tooele County Housing Authority, Switchpoint, and Giv Communities, this new project will provide 66 units of permanent supportive housing for individuals earning 35% or less of the area median income (AMI) and a 44-bed shelter for individuals and families. This project supports Toole County Housing Authority in its mission of enhancing the availability of quality, affordable housing.
“This new multifamily housing project and community resource center symbolize a major leap forward in our mission to increase and preserve safe, clean affordable housing,” said Christopher Jensen, President and CEO of RMCRC. “Through community collaboration and innovative approaches, we’re addressing the urgent social challenges that face our community today.”
DeAnn Christiansen, Executive Director of Tooele County Housing Authority, who owns the project, stated “Harris Community Village is a much-needed resource in our community and will provide important services to those in need for many years to come. We value the partnerships and collaboration that took place to create this amazing facility. We are honored to be part of such an important endeavor to help individuals and families work their way out of poverty. We see Harris Community Village as a “homeless prevention facility” and appreciate all who have funded, donated and partnered with us to get us to the finish line.”
A comprehensive range of services will be provided by Switchpoint and are designed to address the immediate needs of the community while creating long-term stability. Additional amenities provided at the community resource center include an around-the-clock childcare center and emergency food pantry stocked to meet the nutritional needs of residents in crisis.
“Our goal with this project is to create a sustainable ecosystem that supports our residents comprehensively,” said Carol Hollowell, Executive Director of Switchpoint. “RMCRC is the permanent lender for this unique project that integrates housing solutions with essential services, not just providing a place to live but setting a foundation for transformative community impact. RMCRC’s contribution to the project has been one of the critical pieces to making our vision a reality.”
The successful execution of this multifaceted project has been facilitated by the collaborative efforts of Tooele County Housing Authority, owner and developer; Giv Communities, developer; Switchpoint, developer, service provider, and operator of the community resource center; Goldman Sachs, Low-Income Housing Tax Credit equity partner and construction lender; Utah Housing Corporation, issuer of the Low-Income Housing Tax Credits; and the Olene Walker Housing Loan Fund, contributing subordinate lending. These partnerships demonstrate a shared commitment to ending homelessness and addressing the scarcity of affordable housing.
For further information and to follow the project’s progress, please visit https://www.rmcrc.org
About Rocky Mountain Community Reinvestment Corporation (RMCRC)
Founded in 1999 by local banks to help fulfil their Community Reinvestment Act (CRA) needs, RMCRC is a 501(c)(3) nonprofit organization that provides permanent financing for affordable housing benefiting low- to moderate-income households and underserved communities across eight states within the Rocky Mountain region. With a proven track record of success and a robust portfolio of projects, RMCRC continues to drive substantial community impact through innovative financial solutions and strategic partnerships. For more information, visit www.rmcrc.org.
About Switchpoint
Switchpoint was founded to offer comprehensive services to those experiencing homelessness and struggling with poverty. Their unique approach focuses on identifying and addressing the underlying cause of economic hardship to ultimately create a meaningful life of self-sufficiency. Switchpoint achieves their mission by operating community resource centers that provide housing and services to homeless populations, developing affordable housing projects, and creating small businesses including a thrift shop, doggy care, and community garden that provide job-skill development opportunities and financial support to their programs.
About Tooele County Housing Authority (TCHA)
TCHA is dedicated to enhancing the availability of quality, affordable housing and related services utilizing various community resources. The organization administers a range of programs, including the HUD Family Self Sufficiency, USDA 523 Mutual Help Program, and Home Buyer Down Payment Assistance. Additionally, TCHA administers Shelter Plus Care and Continuum of Care vouchers. TCHA has developed several affordable properties and currently owns and operates 187 affordable units.
Press Contact:
Josh Heath