New Markets Tax Credit Coalition

  • Salt Lake City,
  • UT
  • (2023)

Bicycle Collective Hub, Inc.

District: Celeste Maloy (R-UT02)

Investment

  • NMTC Amount: $6,000,000
  • Total Project Cost: $6,269,284

IMPACT

  • 12 FTE jobs
  • 20 construction jobs
  • 5.5 jobs created and 6.5 jobs retained.
  • 16,090 sq. ft. of real estate

CDEs

Investor

Project Description

The project involves the construction of a new 16,090 sq. ft. facility in Salt Lake City, Utah. The project will allow the Bicycle Collaborative, a nonprofit providing bicycles and educational programs focusing on children, to significantly expand its services to low-income households in the Salt Lake City area. The project is located at 325 W. 900 S in a low-income area in Salt Lake City.

External Profile

MAP

Address: 325 W 900 S, Salt Lake City, UT 84101

Census Tract: 49035102900

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