Utah

Bud Bailey Apartments | Salt Lake City, UT

Loan Amount: $6,000,000

Developer: Housing Authority of the County of Salt Lake

A newly constructed 136-unit multifamily project with 127 units restricted under the LIHTC Section 42 program and 8 unrestricted units, plus one manager/community policing unit. Fifty-six units benefit from rent subsidies under Shelter + Care and Section 8 HAP programs, targeting homeless and foster care transitioning populations. Amenities include a community building with room, exercise room, library, game room, playgrounds, splash park, and outdoor meeting area, providing supportive housing for low-income and special-needs residents.

Units: 136