About Funding Our Future
APPLICATIONS WILL OPEN ON SEPTEMBER 22. The Salt Lake City Funding Our Future program helps with needed housing services. It is a more flexible local funding source for our non-profit partners.
What is Funding Our Future?
Funding Our Future, or FOF, is a program that addresses critical needs in the city. It is funded each year with 0.5% of the city sales tax. The focus areas for programming are:
- Street improvements
- Publice safety
- Transit
- Parks maintenance
- Affordable housing investment
Our Housing Services
FOF housing investment includes both development and services. Our office manages the service funding for the program. We fund local non-profits, and they then provide services to the community. These services have included funding for rent, down payments, and case management. Our goal is to help remove housing barriers for people in our community.
What are the types of service?
City Council divides this funding between two housing service areas:
- Tenant-based assistance
- Equity and home ownership assistance
The first area funds services for renters or landlords. The second area funds services for current or future home owners.
How Does it Fit with ‘Housing SLC’?
This program aligns with the current city housing plan, ‘Housing SLC.’ All community projects funded by FOF must align with this plan.
A Brief History of Services
Funding Our Future began in 2018. The City made it as a part of the new city housing plan, ‘Growing SLC.’ Affordable housing investment was split into several service areas. Some of the areas aligned with the goals in ‘Growing SLC.’ Some new or existing community partnerships joined Funding Our Future. These service areas were:
- Incentivized Rental Assistance
- Service Models for the Most Vulnerable Populations
- Marketing Home Ownership
- Shared Housing (with the Road Home)
The next year, the City created 2 new areas and added 1 existing partnership. These were:
- Build a More Equitable City
- Expanded Housing Opportunity
- House 20 (with the Road Home)
The City later added Mortgage Assistance in response to the 2020 COVID pandemic. Most recently, 2 short-term service areas were created as a part of the city ‘Thriving in Place’ plan. These are:
- Tenant Relocation Assistance
- Tenant Resource Center
In 2025 City Council consolidated these service areas into the current 2 categories.
A More Flexible Local Funding Source
This funding is unique in its accessibility. Partners can cover more client costs than they could with Federal funding. An example is people who are homeless. Temporarily living with a friend is generally not covered with Federal homeless aid. Our program funding covers these gaps.
The regulations for this funding are also less burdensome. While we use Federal code as best practices for management, we do not have the same level of requirements.
Our goal is to make the program responsive to the community. Because the funding comes directly from the City, it can best serve the needs of city resident’s.
Related Pages
Contact Us
- 801-535-7762
- jack.markman@slc.gov
- 451 S. State Street, #445
Salt Lake City, UT 84111