08 of 2023 - Affordable Housing Funding Priorities for Fiscal Year 2023-24REDEVELOPMENT AGENCY OF SALT LAKE CITY
RESOLUTION NO. _______________
FY 2023-24 Affordable Housing Funding Priorities
RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY
OF SALT LAKE CITY ADOPTING HOUSING FUNDING PRIORITIES FOR FISCAL YEAR
2023-24
WHEREAS, the Board of Directors of the Redevelopment Agency of Salt Lake City
Board) adopted the Housing Funds Allocation Policy and the Housing Development Loan
Program Policy, which provide that the Redevelopment Agency of Salt Lake City (RDA) will
present to the Board an overall funding strategy and specific funding priorities (Funding
Priorities) for how housing funds should be allocated to the housing funds and housing loan
program for the upcoming fiscal year.
WHEREAS, the Housing Development Loan Program Policy provides that the specific
Funding Priorities shall be subject to approval by the Board.
WHEREAS, the Board desires to adopt the Funding Priorities identified in this
resolution to direct resources for the development of affordable housing for fiscal year 2023-24.
NOW, THEREFORE, BE IT RESOLVED that the Board of Directors of the
Redevelopment Agency of Salt Lake City hereby adopt following Funding Priorities for fiscal year
2023-24:
Funding Priority Objective
Deeply Affordable Housing
Threshold requirement for Housing
Development Loan Program applications
Expand the availability of units for extremely
low-income households, thereby providing
housing options for individuals or families that
are homeless or at risk of homelessness.
Affordable Family Housing
Threshold requirement for Housing
Development Loan Program applications
Provide opportunities for families to enjoy the
many benefits of urban living by encouraging
the development of housing that is more
conducive to larger household sizes.
Wealth Building Opportunity Facilitate the ability for low-moderate income
households to build wealth through different
pathways such as homeownership,
supplemental income opportunities, stipends
for renters, cooperative housing, and other
wealth building models.
Missing Middle Housing Promote an array of housing forms to diversify
the City’s housing stock and provide more
affordable living options for residents.
5
08 of 2023
Passed by the Board of Directors of the Redevelopment Agency of Salt Lake City, this
day of ________________, 2023.
Alejandro Puy, Chair
Approved as to form: __________________________________
Salt Lake City Attorney’s Office
Allison Parks
Date:____________________________
The Executive Director:
does not request reconsideration
requests reconsideration at the next regular Agency meeting.
Erin Mendenhall, Executive Director
Attest:
City Recorder
March 23, 2023
6
11th April
Allison Parks (Apr 17, 2023 08:55 MDT)
Apr 17, 2023
Alejandro Puy (Apr 23, 2023 11:41 MDT)
Erin Mendenhall (Apr 28, 2023 09:47 MDT)
4
RDA Resolution 08 of 2023 - Affordable
Housing Funding Priorities for FY 23/24
Final Audit Report 2023-05-01
Created:2023-04-14
By:DeeDee Robinson (deedee.robinson@slcgov.com)
Status:Signed
Transaction ID:CBJCHBCAABAA_Hj51m8c2l3bOu_e-qFT9sOX8p5BEp9R
"RDA Resolution 08 of 2023 - Affordable Housing Funding Priorit
ies for FY 23/24" History
Document created by DeeDee Robinson (deedee.robinson@slcgov.com)
2023-04-14 - 5:54:23 PM GMT
Document emailed to Allison Parks (allison.parks@slcgov.com) for signature
2023-04-14 - 5:57:49 PM GMT
Email viewed by Allison Parks (allison.parks@slcgov.com)
2023-04-17 - 2:54:53 PM GMT
Document e-signed by Allison Parks (allison.parks@slcgov.com)
Signature Date: 2023-04-17 - 2:55:28 PM GMT - Time Source: server
Document emailed to alejandro.puy@slcgov.com for signature
2023-04-17 - 2:55:30 PM GMT
Email viewed by alejandro.puy@slcgov.com
2023-04-17 - 2:57:25 PM GMT
Email viewed by alejandro.puy@slcgov.com
2023-04-22 - 5:59:10 PM GMT
Email viewed by alejandro.puy@slcgov.com
2023-04-23 - 5:40:36 PM GMT
Signer alejandro.puy@slcgov.com entered name at signing as Alejandro Puy
2023-04-23 - 5:41:25 PM GMT
Document e-signed by Alejandro Puy (alejandro.puy@slcgov.com)
Signature Date: 2023-04-23 - 5:41:27 PM GMT - Time Source: server
Document emailed to Erin Mendenhall (erin.mendenhall@slcgov.com) for signature
2023-04-23 - 5:41:29 PM GMT
Email viewed by Erin Mendenhall (erin.mendenhall@slcgov.com)
2023-04-24 - 4:54:29 AM GMT
Document e-signed by Erin Mendenhall (erin.mendenhall@slcgov.com)
Signature Date: 2023-04-28 - 3:47:16 PM GMT - Time Source: server
Document emailed to Cindy Trishman (cindy.trishman@slcgov.com) for signature
2023-04-28 - 3:47:18 PM GMT
Document e-signed by Cindy Trishman (cindy.trishman@slcgov.com)
Signature Date: 2023-05-01 - 3:58:39 PM GMT - Time Source: server
Agreement completed.
2023-05-01 - 3:58:39 PM GMT