Celeste Maloy (R-UT02)

Tax Staffer: Connor Meyers, connor.meyers@mail.house.gov.

District Highlights

50 projects
267,138,108 in NMTC allocation
608,866,934 total project financing
2,968 FTE jobs created or retained
1,830 construction jobs created
16 manufacturing businesses

50

projects

$267,138,108

NMTC Allocation

$608,866,934

in total project financing

2,968

FTE jobs

1,830

construction jobs

16

manufacturing and industrial businesses supported

NMTC Project Profiles (Inside the District)

TaskEasy Inc

Salt Lake City,
UT
(2016)

Science and Tech

CDE(s): Enhanced Capital

TaskEasy has announced the availability of two new credit facilities to support its continued growth. Enhanced Community Development, a subsidiary of Enhanced Capital, provided $1.65 million in debt f […]

Utah Community Action Head Start

South Salt Lake,
UT
(2014)

Community, Daycare and Early Childhood, Youth and Families

CDE(s): Community Development Finance Alliance

Salt Lake Community Action Program's 13,080 sq. ft. Head Start facility, serving 150 preschool age children living in poverty annually.

Guadalupe School

Salt Lake City,
UT
(2014)

Community, Schools

CDE(s): Community Development Finance Alliance

Financing for only program in UT providing a continuum of services for 12 years, from birth through 6th grade.

Utah Food Bank

Salt Lake City,
UT
(2009)

Community, Shelters and Community Food

CDE(s): Nonprofit Finance Fund

Financing for a new food bank and distribution center in Salt Lake City, UT.

Artspace Commons

Salt Lake City,
UT
(2015)

Energy, Historic Rehabilitation, Mixed-use, Retail, Solar

CDE(s): Enhanced Capital

The historic rehabilitation of the Western Macaroni Manufacturing Company warehouse originally built in 1900.

Salt Palace Convention Center

Salt Lake City,
UT
(2011)

Adult Education, College or Vocational Training, Community, Energy, Manufacturing, Solar

CDE(s): Grow America

The largest solar installation in the state of Utah and nearly doubling the state's current solar capacity.

Bicycle Collective Hub, Inc.

Salt Lake City,
UT
(2023)

Recreation

CDE(s): Mofi

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

Magna Library

Magna,
UT
(2009)

Municipal Facilities

CDE(s): Grow America

Financing for a new library, bringing foot traffic and aesthetic improvements to Main Street

Rehab of the Fuller Paint Building

Salt Lake City,
UT
(2004)

Historic Rehabilitation, Professional Services, Retail and Commercial

CDE(s): Zions Community Investment Corp.

Rehab of the Fuller Paint Building into a new headquarters for Big-D Construction Corp.

Artspace Commons North

Salt Lake City,
UT
(2008)

Affordable Housing, Community, Housing, Mixed-use, Retail

CDE(s): Brownfield Revitalization, Community Development Finance Alliance, Enterprise Community Partners

Artspace Commons North is a green, mixed-use artist community in downtown Salt Lake City, Utah.

Recursion Pharmaceuticals

Salt Lake City,
UT
(2021)

Business Development, Manufacturing

CDE(s): Advantage Capital

Working capital for recursion Pharmaceuticals, which provides data driven drug discovery aiming to repurpose existing drugs to cure rare genetic diseases.

Cascata Packaging

West Valley City,
UT
(2015)

Business Development, Food Manufacturing, Manufacturing, Plastics and Chemicals

CDE(s): Enhanced Capital

Located in West Valley City, Utah, a new 75,000-sq. ft. packaging facility is creating manufacturing jobs and contributing to environmental sustainability.