Wingate Village, a project of the Housing Authority of Southeastern Utah, is one step closer to reality due to the award of a Community Development Block Grant for $350,000. The grant will be used for drainage, water and sewer improvements on a four-acre parcel in Spanish Valley, according to HASU Director Ben Riley.
“It’s a big win for us. It was nice to come not too long after the $5 million was awarded in low-income housing tax credits to the Housing Authority. Those are two big financial wins for affordable housing in a short period of time,” said Grand County Community and Economic Development Director Zacharia Levine.
Riley said the subdivision would be a mix of single-family homes, built through the HASU self-help program, and townhome rentals. There will be 33 units total.
“Right now we’re still trying to gather financing,” Riley said. “We will submit a tax credit application for the same type of financing that financed Cinema Court, that financed the senior project that we’re working on as well. That financing, the application round, is once a year in October so we’ll be going in for financing in October for that, the multi-family portion.”
Riley said that the self-help program has proven popular and helps address the lack of affordable housing in the community.
“We’re trying to keep the single-family ownership market going with our successful self-help program as well as trying to provide more affordable rentals. That’s our main priority especially since the self-help program has been so popular and is going really smoothly now because the demand for ownership and rentals both are in high demand,” Riley said. “We’re trying to work on both fronts. Trying to get more affordable rentals ... that’s our number one priority ... and then also continuing to work on the self-help program.”
HASU has built more than 150 homes through the self-help program.
“I’m pretty excited that we were successful on this grant,” said Levine; “$350,000 isn’t a small amount of money.”