With the support of the city of St. George, the RiverWalk Village affordable housing complex is coming closer to fruition. The Switchpoint Community Resource Center and others have worked several years to make the 55-unit project located on 2450 East Dinosaur Crossing Drive a reality. The three-story apartments, slated for completion in April 2020, are under construction on 4.7 acres of land next to the Grayhawk at Rivers Edge Apartments, just east of Millcreek High School.
The vast majority of the $11.5 million affordable housing project was raised via federal grants, tax credits, private donors, state funding and the city. Approximately $1.9 million of its funds were loaned by Rocky Mountain Community Reinvestment Corporation, based in Salt Lake City. The St. George City Council voted Thursday to approve a measure that would allow the city the option to pay some or all of any related debt should the loan default. St George News.
