Hotel Impact Mitigation Fund
Utah Governor's Office of Economic Opportunity
Who can apply
qualified losses for city-wide events.
About this opportunity
Impact Mitigation Fund GOED administered version one of the Hotel Impact Mitigation Fund beginning on Aug. 16, 2023, and ending on March 21, 2025 — the effective date of SB 26 Housing and Transit Reinvestment Zone Amendments, 2025 Utah General Session (Harper). Hotel Impact Mitigation Fund version two begins on May 5, 2025, for qualified losses for city-wide events. A qualified hotel to receive funding will need to: Supply baseline information Apply and enter into a contract Submit a claim to receive funding Key definitions of the program are:“Qualified Losses” means revenue that an affected hotel loses for city-wide events attributable to the Grand Hyatt's addition to the market. “City-wide events” means an event hosted at a convention facility under a contract by a nonprofit corporation ...