255 State Street

225 South State Street, Salt Lake City, Utah 84111

Contact 255 State Street

The 255 State Apartments, located in the urban core of downtown Salt Lake City, is essential housing that incorporates affordable housing, conventional housing, and commercial spaces that create a vibrant live-work-play community. An eight-story tower and a twelve-story tower will sit on either side of a paseo that will host events, dining, and concerts. The paseo will be a social gathering place with a hall concept and community amenity space for residents and neighbors alike. The historic Cramer House, which will be restored and reopened as a unique culinary experience, sits directly on the public open-space component, and will actively engage the public realm with an outdoor-dining component. Their Studio, 1, 2, 3, and 4-bedroom apartment homes will provide a picturesque view of the downtown skyline in a convenient location. As a reinvented project, it promises to be a downtown Salt Lake City focal point enjoyed by both 255 State residents as well as the entire community.

Unit (Bd/Ba)	Ft²	Rent
Studio (Studio/1)	-	Call for Price
1 Bedroom (1/1)	-	Call for Price
2 Bedroom (2/1)	-	Call for Price
3 Bedroom (3/1)	-	Call for Price
4 Bedroom (4/1)	-	Call for Price

Eligibility for 255 State Street

255 State Street Details

73 studio, one, two, three and four bedroom units.
Low-Income Housing Tax Credit (LIHTC)

Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.