Housing Authority of Salt Lake City

What Housing Authority of Salt Lake City does

Housing Authority of Salt Lake City (HASLC) is a federally-funded special-purpose government agency established in October 1970 that administers affordable housing programs for low-income residents of Salt Lake County. The agency operates three core federal program lines — Housing Choice Vouchers (Section 8), Public Housing, and Multi-family programs — serving more than 3,000 households and over 10,000 individuals, including low-income families, seniors (62+), veterans, individuals with disabilities, chronically homeless persons, and survivors of human trafficking and domestic violence. Distribution occurs both directly through 35 owned/managed rental communities comprising 4,800+ units (including approximately 1,000 non-subsidized market-rate units) and indirectly through a Housing Choice Voucher program that partners with 3,000+ private landlords and channels more than $29 million in annual subsidy payments. The agency also runs specialized voucher programs (HUD-VASH for veterans, Mainstream, Non-Elderly Disabled, Family Unification) and permanent supportive housing at properties such as Sunrise Metro (100 units) and Pamela's Place (100 units).

Through its wholly-owned instrumentality Housing Assistance Management Enterprise (H.A.M.E.), HASLC develops new affordable housing, having built 1,076 units to date with 12 active projects planned to add 956 additional units. The technology footprint is limited to a public website, a centralized waitlist application via the Housing Connect partnership, and a landlord portal — there is no proprietary technology platform or AI capability. The business model is government-funded rather than commercial: revenue sources include HUD federal appropriations, LIHTC equity (e.g., $20M reserved for Fairmont Heights), county and city grants (e.g., Salt Lake County $1.1M, Salt Lake City RDA $1.04M), state funding (Utah DWS TANF $2.44M, $500K homeless funding), and resident rent contributions (typically 30% of gross income). HASLC operates under a Moving to Work (MTW) federal demonstration designation granted in 2022 for a 20-year term — one of only 139 of 3,000+ U.S. housing authorities — and holds an A+ issuer credit rating from S&P Global Ratings (December 2024) with a 7.3x liquidity ratio and stable outlook, placing it among approximately 27 housing authorities with a public S&P rating.

Name

Housing Authority of Salt Lake City

Legal name

Housing Authority of Salt Lake City

Website

https://haslcutah.org

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

11–50 employees

Short description

Housing Authority of Salt Lake City is a federally-funded government agency that administers affordable housing programs — Housing Choice Vouchers, Public Housing, and Multi-family units — serving 10,000+ low-income individuals, families, seniors, veterans, and disabled persons across Salt Lake County through 35 owned properties and 3,000+ landlord partnerships.

Ownership category

akta.pro rank

Product category

Public Housing Services

NAICS

Administration of Housing Programs (925110), Residential Property Managers (531311), Administration of Housing Programs, Urban Planning, and Community Development (925)

SIC

Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Housing & Neighborhood Services (Local Housing Programs) (BPAIACAJ)

akta.pro secondary industries

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD), Housing Voucher & Rental Assistance Programs (Tenant-Based/Project-Based) (FSALAKAI)

Keywords

• Public housing services
• Affordable housing assistance
• Housing choice vouchers
• Affordable housing development
• Permanent supportive housing

Headquarters

HQ city

Salt Lake City

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Supply Chain, Others

Revenue model

1. Federal Housing Assistance (HUD): HASLC receives federal funding from the U.S. Department of Housing and Urban Development (HUD) to administer housing assistance programs including Housing Choice Vouchers (Section 8), Public Housing, and Multi-family programs. Revenue is used to provide rent subsidies directly to landlords on behalf of eligible low-income residents.
2. Rent Payments from Residents: Residents pay a portion of their rent based on income (typically 30% of gross monthly income after allowable deductions). This income supports operations of HASLC-owned properties.
3. Low-Income Housing Tax Credits (LIHTC): HAME (instrumentality of HASLC) leverages federal Low-Income Housing Tax Credits (9% Tax Credits) awarded through competitive processes to finance affordable housing development projects.
4. S&P Credit Rating (A+): Strong credit rating enables HASLC to borrow funds at favorable rates for housing development. The agency achieved an A+ issuer credit rating from S&P Global Ratings, demonstrating extremely strong liquidity (ratio of 7.3x) and financial performance.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

The Housing Authority of Salt Lake City (HASLC) is a federally-funded special-purpose government agency that administers affordable housing programs for low-income individuals and families in Salt Lake County. Its core offerings include the Housing Choice Voucher (Section 8) program, Public Housing at HASLC-owned properties, and Permanent Supportive Housing. Through its development instrumentality H.A.M.E., HASLC also develops new affordable housing units, with 1,076 units built to date.

Product overview

The Housing Authority of Salt Lake City (HASLC) operates as a federally-funded housing authority providing affordable housing through multiple interconnected programs. The core offerings include the Housing Choice Voucher (Section 8) Program with tenant-based and project-based options, Public Housing at senior/disabled properties, and Permanent Supportive Housing for homeless populations. Development activities are conducted through instrumentality H.A.M.E. (Housing Assistance Management Enterprise) which has built over 1,076 units. The portfolio includes specialized voucher programs (HUD-VASH for veterans, Mainstream, NED, FUP), senior housing properties (Taylor Gardens, Taylor Springs, Fairmont Heights/Erma's at Fairmont), mixed-income properties (Capitol Homes, 9th East Lofts, Book Cliffs Lodge), and permanent supportive housing (Sunrise Metro, Pamela's Place, Atkinson Stacks). Resident support includes the Family Self-Sufficiency Program, Eviction Prevention services, and Landlord Incentive Programs. HASLC participates in the Moving to Work (MTW) demonstration program providing operational flexibility.

Differentiator

Problem solved

Functional benefit

Brands

• H.A.M.E. (Housing Assistance Management Enterprise): Instrumentality of HASLC that develops affordable housing projects. Has built 1,076 units to date with several more developments currently in progress.

Products and services

• Housing Choice Voucher (HCV) Program Federally-funded rental assistance program helping low-income individuals, families, elderly, and disabled persons afford housing in the private market. Includes tenant-based vouchers usable with any qualifying landlord and project-based vouchers attached to specific units.
• Public Housing Affordable housing at HASLC-owned apartment communities including Romney Plaza and Phillips Plaza for senior and/or disabled households. Residents pay approximately 30% of gross income or a flat-rent amount.
• Veterans Affairs Supportive Housing (HUD-VASH)
• Mainstream Voucher Program
• Family Unification Program (FUP)
• Sunrise Metro
• Pamela's Place 100-unit permanent supportive housing complex for persons with disabilities, most with a history of homelessness. Named after Pamela Atkinson, Utah homeless response advocate. Includes on-site healthcare center operated by Sacred Circle Health Care.
• Taylor Gardens
• Taylor Springs
• Capitol Homes Apartments Located on 1700 South block of State Street with a mix of 40 studio, 60 one-bedroom, and 8 two-bedroom apartments. Energy and Enterprise Green Community certified. 67% income-restricted with commercial space and set-aside units for ADA, homeless, domestic violence, and veteran residents.
• 9th East Loft Apartments LEED-certified affordable housing providing one and two-bedroom units affordable to individuals at 60-80% of Area Median Income.
• Book Cliffs Lodge
• Atkinson Stacks
• Family Self-Sufficiency (FSS) Program
• Eviction Prevention and Case Management Program
• Erma's at Fairmont 110-unit affordable senior housing development in Sugarhouse neighborhood featuring one and two-bedroom apartments for seniors earning 20-80% of area median income. Includes units for previously homeless, disabled, and mobility-impaired residents.
• Landlord Incentive Program

Quantifiable outcome

• Assists over 3,000 households and 10,000+ individuals with housing
• +5 more outcomes

Named customers8 records

Segments7 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

27 partnerships are on record, tiered flagship, core and minor.

• Lincoln Avenue Communities (LAC)flagshipStrategic or Co-development Partner · 20 July 2026LAC, a mission-driven acquirer and developer of affordable housing, partnered with HASLC on the Erma's at Fairmont 110-unit senior housing development. LAC is one of the nation's fastest-growing affordable housing developers with presence in 33 states and 200+ properties. HASLC/HAME owns 51% and LAC owns 49% of joint developments.
• Lincoln Avenue Communities (LAC)coreStrategic or Co-development Partner · 19 September 2024LAC partnered with HASLC/HAME on Fairmont Heights senior housing (55 units Phase 1, 110 total). LAC is a subsidiary of Lincoln Avenue Capital and manages 155 properties across 28 states with 27,000+ units.
• Xylem ProjectscoreStrategic or Co-development Partner · 4 June 2024Woman-owned business of Nnenna Lynch as primary partner on The Grove $167 million development project. Collaboration on historic Northwest Pipeline Building repurposing.
• Common Ground InstituteminorStrategic or Co-development Partner · 4 June 2024Partner on The Grove development project with Ben McAdams.
• CSG AdvisorsminorStrategic or Co-development Partner · 4 June 2024Financial advisor on The Grove development with Nicole Graham.
• Big-D ConstructionminorStrategic or Co-development Partner · 4 June 2024Construction estimating partner on The Grove development with Dee Livingood.
• NeighborWorksminorStrategic or Co-development Partner · 4 June 2024Partner on The Grove development with Maria Garciaz.
• Housing ConnectcoreStrategic or Co-development PartnerHASLC partnered with Housing Connect (formerly Housing Authority of the County of Salt Lake) for centralized Section 8 waitlist, allowing households to apply to both agencies with one application. Housing Connect services over 3,900 households with rental assistance.
• Housing Assistance Management Enterprise (H.A.M.E.)flagshipStrategic or Co-development PartnerH.A.M.E. is an instrumentality of HASLC responsible for affordable housing development. Has built 1,076 units to date with several developments in progress. Net position over $110 million as of 2024. Develops properties including Capitol Homes, Pamela's Place, Book Cliffs Lodge, Atkinson Stacks.
• Volunteers of AmericacoreStrategic or Co-development PartnerKey partner for Sunrise Metro permanent supportive housing. Provides case management and support services for chronically homeless and disabled residents. Also partner at Denver Street for SPMI individuals.
• Sacred Circle Health CarecoreStrategic or Co-development PartnerFederally Qualified Health Center contracted by HASLC/HAME to provide health services at Pamela's Place and Atkinson Stacks. Services include occupational, mental health, social, housing, financial case management at both properties.
• Valley Mental HealthminorStrategic or Co-development PartnerPartner at Sunrise Metro providing clinical mental health care services to residents.
• Fourth Street ClinicminorStrategic or Co-development PartnerHealthcare partner at Sunrise Metro providing services to chronically homeless and disabled residents.
• Veterans AdministrationcoreStrategic or Co-development PartnerPartner for HUD-VASH program providing 97 vouchers for veteran housing. 20 units at Sunrise Metro subsidized through HUD VASH program. Provides supportive services through VA Salt Lake City Healthcare System.
• Utah Department of Workforce ServicescoreStrategic or Co-development PartnerPartner for TANF Family Housing Program providing short-term rental assistance to families with children. State of Utah granted $2.44 million in TANF funding over three years.
• Salt Lake Community CollegeminorStrategic or Co-development PartnerEducational partner for resident services, including construction trades training program for homeless residents recognized by NAHRO.
• Catholic Community Services of UtahminorStrategic or Co-development PartnerPartner for resident services and community support programs.
• The Road HomeminorStrategic or Co-development PartnerPartner at Sunrise Metro for referral and services for homeless individuals.
• Asian Association of UtahminorStrategic or Co-development PartnerPartner in Human Rights Housing initiative (started 2020) to house and support survivors of human trafficking, under direction of Salt Lake Mayor Erin Mendenhall.
• Wadman ConstructionminorStrategic or Co-development PartnerGeneral contractor for Pamela's Place $16 million project.
• Giv DevelopmentminorStrategic or Co-development PartnerDeveloper-consultant for Pamela's Place project.
• Kier ConstructionminorStrategic or Co-development PartnerConstruction partner for Pamela's Place project.
• Utah Food BankminorStrategic or Co-development PartnerPartner at Sunrise Metro providing food resources to residents.
• Bishop StorehouseminorStrategic or Co-development PartnerPartner at Sunrise Metro providing food assistance to residents.
• Advantage ServicesminorStrategic or Co-development PartnerPartner at Sunrise Metro providing employment opportunities, financial skills, and employment resources to residents.
• Goshute Indian TribecoreStrategic or Co-development PartnerTribal entities partnered with HASLC/HAME to finance and provide full-service healthcare center on ground floor of Pamela's Place, including mental health assistance.
• Safe HarborminorStrategic or Co-development PartnerDavis County domestic abuse services organization. Has received Agency of the Year recognition for housing-first model and transitional housing. Works with families impacted by domestic abuse.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Housing Connect (Housing Authority of the County of Salt Lake): Direct peer and explicit HASLC partner, serving the same Salt Lake Valley market with Section 8 and affordable housing programs. Operates centralized Section 8 waitlist jointly with HASLC, serving over 3,900 households with rental assistance.
• Boston Housing Authority: Large municipal public housing authority administering federal HCV, public housing, and mixed-income developments. Comparable in operating model, federal funding structure, and resident services programming to HASLC.
• Denver Housing Authority: Regional public housing authority comparable in scale and Mountain West market dynamics to HASLC. Operates HCV program, public housing, and mixed-income developments with an in-house development arm similar to H.A.M.E.
• San Francisco Housing Authority: Municipal housing authority with HCV, public housing, and supportive housing programs serving low-income residents in a high-cost urban market. Comparable in program mix (vouchers, public housing, supportive housing) and federal funding exposure to HASLC.
• Seattle (King County) Housing Authority: Large public housing authority administering Section 8, public housing, and affordable housing development in the Pacific Northwest. Operates an MTW designation and development arm analogous to HASLC's H.A.M.E. instrumentality.
• Chicago Housing Authority: Major municipal housing authority operating federal HCV and public housing programs, with a large affordable housing development pipeline. Comparable in core program mix and federal funding dependence to HASLC.
• Atlanta Housing Authority: Municipal housing authority administering federal rental assistance and operating mixed-income communities through development partnerships. Comparable in program structure and reliance on federal appropriations to HASLC.
• Philadelphia Housing Authority: Large municipal public housing authority managing tens of thousands of federal subsidized units and administering the HCV program. Comparable in mission, federal funding mix, and resident services programming to HASLC.
• Los Angeles County Development Authority (HACLA): County housing authority administering Section 8, public housing, and affordable housing development in a high-cost West Coast market. Comparable in voucher scale, supportive housing programming, and LIHTC-financed development model to HASLC.

Broad incumbents

• Lincoln Avenue Communities: Mission-driven institutional acquirer and developer of affordable housing, partner in HASLC's joint ventures for Erma's at Fairmont and Fairmont Heights. Operates 27,000+ units across 28 states and provides co-development capacity that mirrors what H.A.M.E. does internally.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/HASaltLakeCity
• Facebookfacebook.com/haslcutah
• Instagraminstagram.com/housingauthorityofsaltlakecity
• LinkedInlinkedin.com/company/housing-authority-of-salt-lake-city

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Housing Authority of Salt Lake City