Bicycle Collective Hub, Inc.

New Markets Tax Credit Coalition

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

Ogden Mixed-Use Redevelopment

Ogden,
UT
(2018)

Adult Education, Affordable Housing, College or Vocational Training, Community, Historic Rehabilitation, Housing, Makerspace, Manufacturing, Mixed-use, Retail, Retail and Commercial

CDE(s): Chase, Dudley Ventures

The adaptive reuse of the now-vacant 58,000 square-foot historic Ben Lomond Garage in Ogden, Utah into a creative and arts-focused mixed-use development.