Arroyo Crossing

Moab,
UT
(2019)

Arroyo Crossing

Affordable Housing, Community, Housing, Rural

The construction of subdivision infrastructure (streets, sidewalks, curbs, sewer and water lines, gas and electrical and storm water drainage) to support the development of up to 300 affordable housing units.

Investment

NMTC Amount: $4,400,000
Total Project Cost: $4,400,000

IMPACT

1 FTE jobs
32 construction jobs
Supports up to 300 low or moderate income households, or approximately 715 individuals

CDEs

Community Development Finance Alliance

Investor

Chase

Voices from the Community

NMTC is the difference maker between a viable and non-viable project. In Moab, NMTCs have most recently enabled the largest affordable housing development in history (300 units). The development could not have occurred without the NMTCs awarded to it.

-Zacharia Levine, Grand County Community and Economic Development, Moab, Utah

Project Description

Moab Area Community Land Trust is sponsoring the construction of subdivision infrastructure (streets, sidewalks, curbs, sewer and water lines, gas and electrical and storm water drainage) to support the development of up to 300 affordable housing units. Once infrastructure was completed, the lots were leased to developers to construct homes in a variety of densities and sizes for sale or lease to qualified households.

MAP

Address: 2022 S Spanish Valley Drive, Moab, UT 84532

Census Tract: 49019000300

News Stories

For the Workforce 300 Unit Project Breaks Ground

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