Founded in , UPHF strives to preserve the existing affordable rental stock from being sold, remodeled and listed at unaffordable prices. Since the nonprofit launched a little over two years ago, they have purchased and preserved units including currently units under contract throughout Salt Lake County.
Every unit has two-bedrooms, a washer and dryer, full kitchen and new appliances. With the purchase of the Aspen Village, UHPF Fund Manager Doug Harris says they were able to prevent 90 families from displacement and house 13 refugee families, three families experiencing homelessness and multiple domestic violence survivors.
The need for more affordable housing is growing faster than the state of Utah. Within the next three years, Harris says the state is expected to lose 4, affordable units as leases expire. Moving forward, UHPF hopes to raise more money and work with more stakeholders to expand their footprint across the state, such as Summit County and Washington County.
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