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CRA board accepts FY2024–25 audit; staff report NOFA interest and an award-winning project
Summary
The CRA board accepted a clean audit for FY2024–25 and heard staff updates: 10 HDLP applications and 3 residential wealth-building applications were received, the project referred to in materials as ASTER (255 South State) received an Urban Land Institute award, and staff announced a communications coordinator departure; the board also approved a motion to enter closed session on real property and legal matters.
The Salt Lake City Community Reinvestment Agency voted to adopt the CRA fiscal year 2024–25 audit after auditors from Eide Bailey reported they were issuing a clean (unmodified) opinion and found no reportable findings for the CRA.
Paul, the engagement partner from Eide Bailey, told the board the audit was completed earlier than in prior years and that the auditors did not identify any material weaknesses or uncorrected misstatements for the current year. "We are offering a clean opinion," he said, and added the report…
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