Park City Mountain Resort pledges $250k to Mountainlands Community Housing Trust

PCMR awarding $250,000 pledge Photo: Courtesy of Park City Mountain Resort

PARK CITY, Utah — Park City Mountain Resort announced its $250,000 pledge to help fund the Mountainlands Community Housing Trust’s redevelopment of Holiday Village and Parkside Apartments (HOPA) as affordable housing. The donation is made in an effort to accelerate funding for the project that will create 122 households and provide additional affordable housing units and community spaces at the intersection of Park Avenue and Kearns Boulevard.

Park City Mountain’s donation is part of their EpicPromise initiative, Vail Resorts’ philanthropic focus. Its efforts provided $4.3 million in cash and in-kind donations in Park City between August 2021 and July 2022.  The $250,000 pledge will be dispersed over the next three years.

“Ultimately, this incredible donation from Park City Mountain will benefit members of our diverse community – friends, neighbors, colleagues, and family,” says Pat Matheson, executive director of Mountainlands Community Housing Trust. “With phased redevelopment and inclusive design, we have a vision of reducing debt through donations and affordable housing investments.”

“Affordable housing is a crisis in many mountain town communities, and Park City is no exception,” says Deirdra Walsh, vice president and chief operating officer of Park City Mountain. “We are continually looking for ways to alleviate that pressure where it matters to our employees, guests, and community here in Summit and Wasatch Counties. Through our financial support of Mountainlands Community Housing Trust, we are confident that we can make a big impact on housing affordability in our community in the coming years.”

With Live PC Give PC 2022 happening the first Friday of November, the $250,000 pledge gives the Mountainlands Community Housing’s Trust a head start as they work towards a goal of an additional $300,000. The trust had previously received a $1 million pledge from the Solomon Family. All of these efforts will help push the project into the next phase of development, though not entirely, as the development depends on matching the $1 million by June of 2023 to remain on schedule.

“We hope that this generous donation by Park City Mountain will inspire every person in the Park City community to consider how they can participate in Live PC Give PC this year and help address our affordable housing crisis,” says Diego Zegarra, vice president of equity and impact at Park City Community Foundation, which organizes the day of giving. “Live PC Give PC is a unique opportunity to have your donation doubled, and minimum gifts start at five dollars.”