News

UCRC Provides Bridge Loan Financing to Mill Creek Apartments in Lewiston, Idaho

UCRC provides bridge loan financing to Mill Creek Apartments in Lewiston, Idaho. Julie Marple, Director of Corporate Development at NWRECC said, “The bridge loan helped close a financing gap which would have prevented the rehabilitation of Mill Creek Apartments, and subsequently, would have placed ongoing subsidies at risk.” Read more about our Tax Credit Bridge Loan Product and see the before and after photos of the Mill Creek Apartments.

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Parkhill News Release

With the help of the UCRC Manufactured Home Park Permanent Loan Product, the Parkhill residents accomplished something that may soon become a model for other residents of manufactured home communities in Utah, Nevada, Idaho, Wyoming, and Arizona.

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Artspace Grand Opening

A consortium of Utah banks pooling their Community Reinvestment Act (CRA) dollars has helped bring an affordable mixed-use housing and commercial project to fruition in downtown Salt Lake City. Located at 824 S. 400 W., Artspace Commons will celebrate its grand opening with a ribbon cutting celebration on Fri., Sept. 17th at 4 p.m.

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10 Year Anniversary

UCRC celebrates their 10 year anniversary on Wednesday, September 2, from 11:30 AM to 1:30 PM at Abravanel Hall in Salt Lake City.

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