Utah Stories and Impact

State Fact Sheet

Note: the jobs totals in this fact sheet are through 2015 and they include a combination of direct, indirect, and induced FTE jobs and construction jobs. The “total investment” number refers to the total project investment (not NMTC allocation) in the state through the second quarter of 2020.

This tax credit is allowing our community to put in infrastructure for over 300 units of workforce housing, as well as three commercial sites (including a much-needed childcare center!) that will keep our gateway resort town alive! The economic benefit’s are almost immeasurable in terms of people’s quality of life, ability to drive less and participate more in the American Dream!”

-Audrey Graham, Chair, Moab Area Community Land Trust, Moab, UT Tweet This

Community Testimonials​

Audrey Graham, Chair, Moab Area Community Land Trust, Moab, UT

This tax credit is allowing our community to put in infrastructure for over 300 units of workforce housing, as well as three commercial sites (including a much-needed childcare center!) that will keep our gateway resort town alive! The economic benefit’s are almost immeasurable in terms of people’s quality of life, ability to drive less and participate more in the American Dream!”

Utah NMTC Videos

Utah NMTC Stories

2020
USU-Moab is the construction of the 22,120 sf Academic Building; the first building to be constructed on the 40-acre new campus in the rural…
2020

Salt Lake City, UT 

Recursion Pharmaceuticals provides data driven drug discovery aiming to repurpose existing drugs to cure rare genetic diseases. The project provided the Company with working…
2015

West Valley City, UT 

Located in West Valley City, Utah, a new 75,000-square-foot packaging facility is creating manufacturing jobs and contributing to environmental sustainability. Cascata manufactures flexible packaging…
2011

West Valley City, UT 

Formerly know as “The School for New Americans,” this charter school has served many refugee students and their families and currently houses approximately 570…
2019

Taylorsville, UT 

An investment from Enhanced Capital’s Utah-focused Small Business Loan Fund recently enabled a nonprofit research center to relocate and continue providing education technology and…
2014

South Salt Lake, UT 

Salt Lake Community Action Program’s 13,080 sq. ft. Head Start facility, serving 150 preschool age children living in poverty annually….
2009

Salt Lake City, UT 

Financing for a new food bank and distribution center in Salt Lake City, UT….
2018

Salt Lake City, UT 

Stadler Rail constructed a new 226,000 square foot, state-of-the-art manufacturing facility for light rail passenger cars in Salt Lake City where they built and…
2006

Salt Lake City, UT 

In 2003, Salt Lake City Mayor Rocky Anderson proposed the creation of the Unity Center to provide services, programming, and recreation facilities to the…
2011

Salt Lake City, UT 

The largest solar installation in the state of Utah and nearly doubling the state’s current solar capacity….
2018

Salt Lake City, UT 

New construction of a 57,000 child care and adult day care facility on a 5.5 acre parcel in west Salt Lake City. The new…
2014

Salt Lake City, UT 

Financing for only program in UT providing a continuum of services for 12 years, from birth through 6th grade….
2015

Salt Lake City, UT 

The historic rehabilitation of the Western Macaroni Manufacturing Company warehouse originally built in 1900….
2018
The Ogden Mixed-Use Redevelopment involves the adaptive reuse of the now-vacant 58,000 square-foot historic Ben Lomond Garage in Ogden, Utah into a creative and…
2019

Ogden, UT 

NMTC supports new facility for nonprofit training people with disabilities and special needs for meaningful employment….
2019

Moab, UT 

Moab Area Community Land Trust is sponsoring the construction of subdivision infrastructure (streets, sidewalks, curbs, sewer and water lines, gas and electrical and storm…
2018
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…
2019

Kearns, UT 

A new facility which combining traditional book stacks and reading areas with technology assistance, maker space, video/sound labs, co-work tables, community meeting and classroom…
2016

Gunnison, UT 

Advantage Dental is one of Oregon’s largest dental health care providers for low-income persons within the state serving over 200,000 patients, the majority of…
2014

Cedar City, UT 

Since its founding in 1961, the Utah Shakespeare Festival has become the economic and cultural driver in the non-metro community of Cedar City, an…
2015

Bluff, UT 

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…