HOME Funds Helps Build Low Income Senior Housing in Taylorsville, Utah

Front door and sidewalk to Plymouth View apartments

Regional Administrator Rick Garcia represented HUD at the grand opening of Utah Non-Profit Housing Corporation's newest housing development, Plymouth View apartments in Taylorsville, Utah. The project was supported by a $1,124,000 HOME program loan, a $7,859,700 Section 202 capital advance, $400,000 pre-development grant and $566,700 of rent subsidy funding.

At the grand opening, Garcia said, "as the first of its kind in the Western United States Region, this development is a ground breaking achievement in pushing the envelope of green building practices on HUD 202 properties. We look forward to working with Utah Non Profit Housing Corporation on future developments that meet HUD's Green Initiative Guidelines."

Speakers at the ribbon cutting ceremony included Lt. Governor Greg Bell, Salt Lake County Mayor Peter Corroon; Rick Garcia, HUD Regional Administrator for Region VIII; and Gordon Walker, Director of the Utah Division of Housing and Community Development.

The HOME program provides formula grants to States and localities that communities use in partnership with local nonprofit groups. They are used to fund a wide range of activities that build, acquire, and/or rehabilitate affordable housing for rent. The funds can be toward homeownership or provide direct rental assistance to low-income people.

Plymouth View Senior Housing Grand Opening

The Section 202 Program helps expand the supply of affordable housing with supportive services for the elderly. It provides very low-income elderly with options that allow them to live independently and in an environment that provides support activities such as cleaning, cooking, transportation, etc.

Project rental assistance funds are provided by HUD to cover the difference between the HUD-approved operating cost for the project and the tenants' contribution towards rent. Project rental assistance contracts are approved initially for 3 years and are renewable based on the availability of funds.

Occupancy in Section 202 housing is open to any very low-income household comprised of at least one person who is at least 62 years old at the time of initial occupancy.