About Us

Our Programs:

Investments in housing and community development
Innovative lending and entrepreneurial support
Advisory support for community and economic development
Professional education and training

Stories of Impact



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The construction of a new library in Magna, UT was part of an overall community revitalization plan. In 2004, Salt Lake County initiated a planning process to develop strategies for the economic development and revitalization of Magna with a special focus on a Main Street neighborhood where many residents live in homes that are neglected and in a substandard condition. One of the revitalization strategies was to locate important community buildings on Main Street – including a new library – buildings that would expand “big city” opportunities to a community that wants to maintain its “small-town” ambiance.

The new Magna Library, that recently opened, is located in the center of the Main Street neighborhood that is the focus of the community’s revitalization efforts. The new Magna Library provides books and other materials that can be used to meet the informational, educational and recreational needs of library users. In addition, the library promotes materials, programs and services which encourage reading and help users find information. The library is also a site where local residents can access the Internet and use online informational databases.

Financed in part by NMTC equity of $8.5 million through NDC’s HEDC-New Markets, the new Magna Library is a source of pride for this Salt Lake County community.