La Posada Pintada

NMTC financing for the expansion of La Posada Pintada, a family-owned inn in Bluff, where traditional sources of financing have been hard to obtain for small-business owners in the rural community.

Investment

  • NMTC Amount: $565,000
  • Total Project Cost: $618,770

IMPACT

  • 2 FTE jobs
  • 1 construction jobs

Investor

Project Description

Financing for the expansion of La Posada Pintada, a family-owned inn in Bluff, where traditional sources of financing have been hard to obtain for small-business owners in the rural community.

The expansion from six rooms to 10 at La Posada Pintada created jobs and to increased occupancy rates and consumer spending in the area, which is popular with tourists traveling to the Grand Canyon, Moab, Mesa Verde and Monument Valley.

MAP

Address: 239 North Seventh E, Bluff, UT 84512

Census Tract: 49037978200

Other Utah Projects

Funds for equipment purchase, working capital, and ground up construction of an adjacent facility for a manufacturer.

The University of Utah Research Park is located on the campus of the University of Utah. Established in 1968, Research Park was intended to stimulate economic development within the State

Financing for a new food bank and distribution center in Salt Lake City, UT.
Salt Lake County's newly constructed public health clinic