Bicycle Collective Hub, Inc.

Salt Lake City,
UT
(2023)

Bicycle Collective Hub, Inc.

Recreation

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

Mofi

Investor

US Bank

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.

MAP

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

Census Tract: 49035102900

Other Utah Projects

Artspace Commons

Salt Lake City,
UT
(2015)

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

CDE(s): Enhanced Capital

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

Shakespeare Festival

Cedar City,
UT
(2014)

Arts, Community, Rural, Theaters and Performing Arts Spaces

CDE(s): Community Development Finance Alliance

In 2014, the Utah Shakespeare Festival worked with Community Development Finance Alliance to fund a new 89,267 sq. ft. facility.

Utah State University Academic Building

Moab,
UT
(2020)

Adult Education, College or Vocational Training, Community, Higher Education, Rural, Vocational Training

CDE(s): Community Development Finance Alliance

USU-Moab is the construction of the 22,120 sq. ft. Academic Building; the first building to be constructed on the 40-acre new campus in the rural SE region of Utah.

Utah Community Action Kearns Head Start

Kearns,
UT
(2018)

Community, Daycare and Early Childhood, Dental Services, Head Start, Healthcare, Youth and Families

CDE(s): Community Development Finance Alliance

New construction of a multi-use building that provides four Head Start classrooms, two Early Head Start classrooms, three medical exam roos, one dental exam room, and more.