 |
 |
|
|||||||||||||
 |
MEDC is one of Salt Lake City's oldest nonprofit organizations involved in the development, ownership, and management of affordable housing. Mission The mission of MEDC is to serve the community by developing, owning, and managing clean, safe, affordable housing for low and moderate income populations. History In 1975, MEDC was spun off from its parent organization, Multi-Ethnic Housing Corporation and incorporated as a Utah nonprofit corporation. As one of the first nonprofit providers of affordable housing in Salt Lake City, MEDC has an extensive history of serving this market. After completing its first development of affordable senior housing in 1978, MEDC evolved into one of the leading providers of property management services for affordable housing in the region. Strategy In selecting affordable housing projects to undertake, Multi-Ethnic emphasizes criteria that contribute strong cash flow and ensure long-term sustainability. Furthermore, it seeks to engage in projects with qualities that strengthen and revitalize communities. Foremost among these characteristics are accessibility to public transportation and employment, opportunities for mixed-income occupancy, and the incorporation of multiple use spaces, such as community centers and commercial or retail elements, that provide a benefit to the surrounding area. As affordable housing is only one component of a good community, MEDC works to build partnerships with service providers, neighborhood organizers, and other community-based agencies to inspire long-term success. Strategy for the Future Over the next four years, MEDC aims to enhance its position as one of the foremost providers of affordable housing in Utah. The goal is to significantly increase its asset base and portfolio of developments that will help meet this growing need.
|
|
|
||
|
|
Daniel C. Moser Executive Director Troy Hart Development Associate Multi-Ethnic Development Corporation 925 South 200 West, Suite A Salt Lake City, Utah 84101 (801) 521-2991 (801) 521-6116, fax For information on how to contact the manager of a particular property, please go to the Projects page.
Board
of Directors Marci Milligan, President Lotus Community Development Consulting Services Cliff Pedersen, Vice President GMAC Bank Paula W. Marsh, Treasurer CPA Paula Carl, Secretary Design Interface AIA Alvin Aubry Seller's Group Shelli Barrus Red Rock Title Cynthia Butcher Morgan Stanley Bank Adrew Graham Deiss Jones, Waldo, Holbrook & McDonough Nathan Johnson Pitney Bowes Bank Shawn Teigen Utah Community Action Prgram
|
|
All rights reserve d. Privacy policy.
