{"id":452,"date":"2024-05-14T21:25:15","date_gmt":"2024-05-14T21:25:15","guid":{"rendered":"https:\/\/dev.cdfautah.org\/?p=452"},"modified":"2025-07-21T00:07:42","modified_gmt":"2025-07-21T00:07:42","slug":"arroyo-crossing","status":"publish","type":"post","link":"https:\/\/cdfautah.org\/?p=452","title":{"rendered":"Arroyo Crossing"},"content":{"rendered":"\t\t
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Location<\/strong>
Moab, UT<\/p>\n\n

Year<\/strong>
2019<\/p>\n\n

Website <\/strong>
moabclt.org\/arroyo-crossing<\/a><\/p>\n<\/div>\n\n

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Arroyo Crossing is a 41-acre Community Land Trust subdivision just south of Moab in non-metro Grand County, Utah. The Moab area is a popular outdoor tourism destination and is experiencing a severe affordable housing crisis, which constrains its local economy. The undeveloped site was donated to the nonprofit Moab Area Community Land Trust by a generous private donor and the Land Trust received approval for the eventual development of 300 affordable housing units and three “community buildings” (non-residential buildings with neighborhood-serving uses such as daycare). The overall unit mix will include single-family homes, duplexes, townhomes, cottages, and apartment buildings, with both rental and ownership opportunities.<\/p>\n\n

CDFA’s New Markets Tax Credit financing was used to construct the subdivision infrastructure: streets, sidewalks, drainage improvements, and utilities. With infrastructure completed, developers lease available parcels from a Land Trust affiliate, build the housing units, then either sell or lease them at rates affordable to local households with incomes between 30% and 120% of the County’s median income. The Land Trust model ensures that housing will remain affordable in perpetuity.<\/p>\n<\/div>\n<\/div>\n\n

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LocationMoab, UT Year2019 Website moabclt.org\/arroyo-crossing Arroyo Crossing is a 41-acre Community Land Trust subdivision just south of Moab in non-metro Grand County, Utah. The Moab area is a popular outdoor tourism destination and is experiencing a severe affordable housing crisis, which constrains its local economy. The undeveloped site was donated to the nonprofit Moab Area […]<\/p>\n","protected":false},"author":1,"featured_media":721,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-452","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"\nArroyo Crossing - Community Development Finance Alliance<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cdfautah.org\/?p=452\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arroyo Crossing - Community Development Finance Alliance\" \/>\n<meta property=\"og:description\" content=\"LocationMoab, UT Year2019 Website moabclt.org\/arroyo-crossing Arroyo Crossing is a 41-acre Community Land Trust subdivision just south of Moab in non-metro Grand County, Utah. 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