Affordable Housing
Affordable Housing Programs
The Division of Housing and Community Development administers a portfolio of housing programs designed to work together as one coordinated system. Each program fills a specific gap:
- Olene Walker Housing Loan Fund: flexible gap financing for affordable housing development.
- This fund also serves as the mechanism for legislatively appropriated, pass-through direct awards, distinct from the competitive application process developers typically use to apply for funding.
- Housing Choice Voucher Incentive Program: financial assistance to qualifying landlords.
- Private Activity Bond Program: tax-exempt bonding for lower-cost, long-term financing.
- Deeply Affordable Housing Programs: targeted support for the lowest-income and homeless-serving units.
- Moderate Income Housing Planning & Reporting: technical assistance and compliance support for local governments.
Olene Walker Housing Loan Fund
Housing Choice Landlord Incentive Program
Private Activity Bond Program
The Private Activity Bond (PAB) Program is Utah's tax-exempt bonding authority, created under the federal Tax Reform Act of 1986 and governed by Utah Code 63N-24-4.
Deeply Affordable Housing Programs
The Deeply Affordable Housing and Attainable Housing Grant programs were developed for housing and service providers to help prevent and exit individuals and families from homelessness, at or below 30% AMI.
Moderate Income Housing Planning & Reporting
The Division of Housing and Community Development serves as the oversight office for Moderate Income Housing (MIH) reporting, as required of specified municipalities and counties under 10-21-202 and 17-80-202.