Utah

Bodhi Salt Lake City | Salt Lake City, UT

Loan Amount: $1,751,000

Developer: Vecino Bond Group, LLC and Housing Opportunities, Inc.

Bodhi Salt Lake City is a 48-unit apartment building with underground parking, where all units are restricted to households at 60% of Area Median Income (AMI) or below, designed to provide supportive housing for homeless individuals with serious mental illness. The project serves critical populations including those with disabilities and low-income residents, offering on-site supportive services through partnerships with community organizations. This development stands out as a collaborative effort between a nonprofit and an experienced developer to address housing needs in an urban setting with accessibility features.

Units: 48