Park City Mountain Pledges $250,000 Donation To Affordable Housing
Mountainlands Community Housing Trust is thrilled to accelerate its funding drive for its redevelopment of Holiday Village & Parkside Apartments (HOPA) with the announcement of a $250,000 donation from Park City Mountain.
The vision of Holiday Village & Parkside Apartments is to sustain and increase housing opportunities in the heart of the Park City community. It will preserve and enhance housing for 122 households, as well as providing a significant number of additional affordable units and community spaces at the intersection of Park Avenue and Kearns Boulevard.
“Ultimately, this incredible donation from Park City Mountain will benefit members of our diverse community – friends, neighbors, colleagues and family,” says Pat Matheson, executive director of Mountainlands Community Housing Trust. “With phased redevelopment and inclusive design, we have a vision of reducing debt through donations and affordable housing investments.”
Park City Mountain’s donation will be disbursed over the next three years and is powered by EpicPromise, the charitable arm of Vail Resorts, which provided $4.3m in cash and in-kind donations in Park City between August 2021 and July 2022. EpicPromise enables resort leaders in each of Vail Resorts’ mountain communities to contribute donations of cash, time and in-kind gifts to local nonprofits in line with community priorities.
“Affordable housing is a crisis in many mountain town communities, and Park City is no exception,” says Deirdra Walsh, vice president & chief operating officer of Park City Mountain. “We are continually looking for ways to alleviate that pressure where it matters to our employees, guests and community: here in Summit and Wasatch Counties. Through our financial support of Mountainlands Community Housing Trust, we are confident that we can make a big impact on housing affordability in our community in the coming years.”
Another key partner in Mountainlands’ pursuit of diversity is Bridge 21, a local nonprofit focused on creating neuro-inclusive housing communities. Bridge 21 is a long-term partner in the redevelopment, ensuring that the finished spaces and third-party services effectively and equitably serve the neuro-diverse community members.
This announcement comes on the eve of Live PC Give PC 2022, a 24-hour community fundraising event for which Mountainlands Community Housing Trust has set an ambitious fundraising goal of $300,000, anchored by a generous $1m matching pledge from the Solomon family. The next phase of development depends on raising the full matching $1m by June 2023.
“We hope that this generous donation by Park City Mountain will inspire every person in the Park City community to consider how they can participate in Live PC Give PC this year and help address our affordable housing crisis,” says Diego Zegarra, vice president of equity & impact at Park City Community Foundation, which organizes the day of giving. “Live PC Give PC is a unique opportunity to have your donation doubled and minimum gifts start at five dollars.”