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Council hears follow‑up on housing program funds, tenant/homeowner loan fund and NOAH preservation pilot

5341766 · July 9, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Salt Lake City staff on July 8 presented policy recommendations to centralize housing program funds into a tenant and homeowner loan fund and described three proposed programs: home repair, an expanded community land trust, and a NOAH preservation pilot.

Salt Lake City staff on July 8 presented final policy recommendations for the city’s housing program funds, including a new tenant and homeowner loan fund, adjustments to budgeting and reporting standards, and three program proposals: home repair, a community land trust (CLT) program with city‑issued mortgages, and a pilot program to preserve naturally occurring affordable housing (NOAH).

The policy would centralize program income and create a self‑replenishing loan fund to support city‑operated programs and subrecipient projects. Tammy Hunsaker, director of Community and Neighborhoods, described the proposed loan fund and the administrative structure: a housing program funds loan committee would approve funding…

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