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CRA board adopts FY26 affordable housing funding priorities
Summary
Salt Lake City Community Reinvestment Agency board voted to adopt five housing funding priorities to guide fiscal year 2026 funding allocations; staff will return in May with specific funding allocations and program line items.
The Salt Lake City Community Reinvestment Agency (CRA) board voted to adopt five housing funding priorities for fiscal year 2026 during its April 8 meeting.
The resolution, moved by Board member Lopez Chavez and seconded by Board member Dugan, passed unanimously with one board member absent. The adopted priorities will guide how CRA staff scores and ranks applications and will inform the CRA’s May budget allocations to specific housing activities and funds.
Board members and staff described the priorities as two threshold categories — deeply affordable housing and family housing with amenities for children — and three non-threshold priorities: wealth-building opportunities, expanding opportunity, and neighborhood services…
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