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Draper partners with Ivory Foundation on nine-unit ownership pilot to help local workers

Draper City (informational town hall) · January 22, 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

Mayor Walker described a pilot using CDBG funds to subsidize nine townhomes targeted at public-safety and school district employees, with resale capped at a roughly 4% annual growth to recycle subsidy funds.

Mayor Walker described a small home-ownership pilot aimed at providing affordable, targeted housing for city employees, public-safety workers and Canyon School District staff. The city has partnered with the Clark and Christine Ivory Foundation to develop nine townhome units, using community-development funds the mayor referred to (he said the acronym aloud as 'CBDG' and…

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