Tremonton's redevelopment housing fund held $2.38 million when it awarded $400,000 to Habitat for Humanity

Tremonton's second redevelopment fund, RDA #3, ended fiscal 2025 with $2,375,951, all restricted for low-income housing, according to the city's audit. ^[1]

Most of its fiscal 2025 revenue was $108,506 in interest. It budgeted $910,000 in spending that year and spent $36,835. ^[2]

The 2025 award

On July 15, 2025, the agency board took up Resolution RDA 25-08, awarding the 2025 Moderate Income Housing Grant to Habitat for Humanity. The resolution in the meeting packet awards $400,000 to support building affordable housing for moderate-income families in Tremonton. The packet copy is unsigned. ^[3]

A staff memo in the packet recommended the award on conditions. The site and site plans had to be finalized, affordability covenants recorded before building permits, and the money used only for construction or infrastructure. ^[3]

Executive Director Bill Cobabe told the board that up to about $2.5 million was available and that part of a redevelopment agency's revenue must be set aside for affordable housing, according to the minutes. He said applications went out in March and Habitat's was the only one. He said the agency could give no more than $400,000 to any one applicant each year and had $800,000 a year for three years. ^[4]

Wes Estep moved to adopt the resolution and Blair Westergard seconded. Estep, Beau Lewis, Bret Rohde, Brandon Vonk and Westergard voted yes. ^[4] The board approved those minutes on Nov. 18, 2025. ^[5]

What the budget shows

The budget document printed June 16, 2026 lists $800,000 in the 2025-26 actual column of a line labeled for the moderate income housing program, against an $800,000 amended budget. ^[6]

For 2026-27 the fund budgets $1,000,000 on that line, paid from $1,000,000 of fund balance. ^[6]