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Public petition leads Emery County CRA to table $151,000 loan request from Green River Partners
Summary
Green River Partners asked the CRA for a $151,000 five-year loan to support a 25–30 unit rental project targeted at households at or below 50% AMI; after a petition of 264 signatures and vocal local opposition, commissioners voted to table the loan until the board adopts a policy for solar-fund disbursement and the city council provides clear support or opposition.
Green River Partners presented a proposal for a 25–30 unit rental development in Green River aimed at households at or below 50% of area median income and requested a $151,000, five-year loan from CRA funds to support the capital stack. Bill Knowlton, the presenter, said the project would invest approximately $10.5–$12 million and that rents would range roughly $470–$1,400 depending on unit size and AMI tier. The developer described the project as income-qualified and subject to long-term land-use affordability restrictions.
"Our proposal today is asking for a $151,000 loan for 5 years at below interest that will be paid back," Bill Knowlton said, identifying the ask as part of the project capital stack and emphasizing audit and oversight protections typical under LIHTC-style financing. Commissioners questioned whether the city council supported the project and asked for clarity after a local petition surfaced.
A Green River City Council member who spoke identified a petition with 264 signatures opposing the project and argued the town lacks need for 25–30 low-income units. Residents raised concerns about vacant units from a prior Canal Commons project, EMS and school impacts, and the risk of attracting nonlocal residents. In light of the petition and absent a formal policy and clear city action, Commissioner Jacob moved to table the loan request until the agency adopts a policy for disbursing solar-set-aside funds and obtains explicit city support. The motion passed on a voice vote with at least one member opposed.
