Canyon Echo complex is a perfect partnership in preservation. The owner of the complex wanted to sell the property but did not want the new owner to raise rents or displace the current tenants. The UHPF was a picture-perfect match for this transaction. Given the location on the east side of SLC, a new owner could have immediately raised rents $300-$500 a unit. The Fund purchased the units, made minor improvements, and immediately mitigated tenant displacement all while maintaining current rent levels.

Leasing Contact: sharongardens@unphc.org