Ivory Innovations and Call to Action Foundation open affordable townhome community in Lehi
Ivory Innovations and the Call to Action Foundation, in a partnership dubbed Call to Innovations, have opened the first of 850 affordable housing units they intend to build across Utah. The 240-unit Innovation Park at Holbrook Farms in Lehi is intended to house families earning between 50 percent and 80 percent of the annual median income for Utah County.
The development features two types of structures: tandem-parked townhomes, which provides larger living areas despite smaller widths; and back-to-back townhomes, where a long common wall connects two buildings to maximize space and affordability. These designs create density without sacrificing quality of life, allowing more families the chance to find an affordable unit that suits their needs, the foundation said in a release.
Ivory Innovations, led by Abby Ivory of the Ivory Homes family, is an applied academic institution at the University of Utah’s David Eccles School of Business. It was founded to catalyze high-impact innovations in housing affordability. It is currently developing seven projects in Utah.
The Call to Action Foundation is a private operating foundation dedicated to increasing access to affordable housing for working families and vulnerable seniors. Since 2022, the foundation has invested more than $72 million to help create and preserve affordable housing throughout the West and Midwest. FJ Management and its subsidiary companies, Big West Energy and Maverik, fund the mission of the Call to Action Foundation.
“We are thrilled to have fully funded this project through 100 percent private contributions from our two operating foundations. This unique partnership allows us to address an urgent need for affordable housing. By collaborating with city and state funding sources for future projects, we believe we can achieve an even greater impact,” said Drew Maggelet, director of housing for the Call to Action Foundation.
“We are grateful to have a partner who shares our vision of providing thousands of affordable homes for Utah families,” said Clark Ivory, CEO of Ivory Homes and founder of Ivory Innovations.
In addition to the project in Lehi, the partnership is working on upcoming developments in South Jordan, Francis, Park City, Draper, Salt Lake City and Magna.