Naturally Occurring Affordable Housing (NOAH)
Applications for the Naturally Occurring Affordable Housing program will open later in April 2026. Please check back for updates on the application timeline.
The Naturally Occurring Affordable Housing Preservation Program helps owners preserve affordable rents by providing low-interest loans and grants of up to $75,000 per affordable unit for repairs and improvements. In exchange, owners agree to keep rents affordable for a minimum of 15 years through a legally recorded restrictive use agreement.
Why does this program exist?
Many Salt Lake City residents live in older apartments or housing that have affordable rents, not because of any government requirement or financial assistance, but because the rents have stayed low over time. These are called Naturally Occurring Affordable Housing properties, or “NOAH.”
NOAH properties make up one of the City’s largest sources of affordable housing, yet they are at risk. Without investment, buildings fall into disrepair; and when the market heats up, owners may be pressured to renovate and raise rents, displacing the residents who depend on them.
Who should apply?
This program is for you if:
- You own rental housing in Salt Lake City with rents affordable to lower-income households.
- Your property needs repairs or improvements you cannot fully fund through conventional loans.
- You are willing to keep rents affordable and allow the City to record an affordability restriction on your property.
Next steps
- Read the Requirements and FAQ page
- Gather application materials
- Apply: the application for the NOAH program will open in April. Check back later this month.
- For questions, email: [email protected].
