The Salt Lake City Council has advanced several key housing developments and funding initiatives, recently approving Community Reinvestment Agency funding for the Silo Park development and previously authorizing The Grove Project, an affordable housing development located downtown.
Recent Development Approvals
During its July 14, 2026 meeting, the Council approved Community Reinvestment Agency (C.R.A.) funding specifically for the Silo Park development, according to official meeting recpons from the City Council Office.
Expanding Affordable Housing Options
The city's commitment to downtown affordability includes earlier milestones. At a meeting on February 17, 2026, the Council approved The Grove Project, an affordable housing development situated in the downtown area.
In addition to specific project approvals, the Council has been reviewing broader incentives for residential growth. During its July 21, 2026 session, officials received briefings regarding various affordable housing incentives as part of ongoing city planning.
Management of Housing Funds
The Council, acting as the C.R.A., has also managed significant federal and local funding streams. On October 21, 2025, the Council approved the reallocation of U.S. Department of Housing & Urban Development (HUD) HOME-ARP funds.
Further updates to the HOME-ARP Allocation Plan were scheduled for discussion during the Council's October 21, 2025 meeting. The agency has also worked on workforce housing, including an amended term sheet for NeighborWorks Salt Lake involving the Maltair Lanes and Stanbridge developments.
Long-term Housing Strategy
The city's long-term housing strategy has been a focal point of recent legislative sessions. In December 2025, the Council reflected on its efforts to address affordability through zoning reforms and housing investments as part of a year-long initiative toward community resilience.
In April 2026, the Council held discussions regarding specific housing funding priorities for the upcoming fiscal year, which included reviewing updates to redevelopment agreements in the Granary District.
Upcoming Planning Phases
As of late June 2026, the Olene Walker Housing Loan Fund Board held a public notice period for its 2026 Annual Action Plan Draft and a consolidated plan amendment. This follows broader community development efforts, such as the June 29, 2026, public notices regarding the Community Development Block Grant (CDBG) Program.