PARK CITY, Utah – Amid affordable housing concerns throughout the area, the Solomon family decided to help make a difference. Mountainlands Community Housing Trust and Park City Community Foundation (PCCF) announced today that the Solomon family is pledging a $1 million matching grant to create new affordable housing units in Park City.
This grant will act as a catalyst that will facilitate a multi-million dollar project to redevelop the properties of Holiday Village and Parkside.
“Our most sincere thanks goes to the Solomon family whose visionary and unprecedented donation of $1 million in matching funds has jump started our efforts to raise the next million,” says Pat Matheson, Executive Director of Mountainlands Community Housing Trust. “Over the coming months, Park City Community Foundation and Mountainlands will work collaboratively to inspire local philanthropy to support this important project.”
Beano Solomon, who was written about for Women’s History month during March of this year, was recently recognized as one of the Citizens of the Year by the Park City Rotary Club. Solomon came to Park City 25 years ago and she and her family have been instrumental in supporting the community.
“We are working hard with project stakeholders to design and structure a project that will improve the existing units for our current residents and add a significant number of new units to the sites to address our community’s growing need for housing,” continued Pat Matheson.
The PCCF is partnering with Mountainlands in raising the matching dollars that will help to facilitate and enhance the redevelopment of Holiday Village and Parkside Apartments. The raised funds will improve the lives of hundreds of community members by reducing the project’s debt to achieve affordability, carbon neutrality, and inclusivity for the residents.
Both Mountainlands and the PCCF provide residents of Summit County with various forms of relief. Mountainlands was founded to help preserve and advocate for housing affordability in Summit and Wasatch Counties.
Mountainlands acquires and constructs homes for affordable housing, and provides direct assistance in securing housing and basic services. Over the past 29 years, Mountainlands has developed, rehabilitated, entitled or assisted in the construction of over 900 affordable housing units.
The existing 122 units at Holiday Village and Parkside are easily accessible to schools, grocery stores and employment centers via bus lines and other alternative modes of transportation. Rental subsidies secured years ago by Mountainlands support these and other low-income tenants, and these subsidies will remain in place.