Utah

Bear River Valley Apartments | Tremonton, UT

Loan Amount: $640,000

Developer: Utah Non-Profit Housing Corporation

Bear River Valley Apartments is a 32-unit multifamily housing development consisting of a mix of one and two-bedroom units across four 8-plex buildings. It targets extremely low-income households, with all units restricted to tenants earning no more than 35% of the area median income and a weighted average AMI of 30.7%. Key features include ample surface parking, proximity to public transit within 1 mile, and its role in preserving affordable housing in a rural neighborhood through substantial rehabilitation.

Units: 32