La Posada Pintada

New Markets Tax Credit Coalition

Bluff,
UT
(2015)

La Posada Pintada

Business Development, Rural

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

CDEs

Stonehenge Community Development

Investor

Unknown

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

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