The agency & primary document
- Allocating agency
- Utah Housing Corporation (UHC)
- QAP / guidelines
- https://utahhousingcorp.org/multifamily/applicationInfo/
- Governing document
- QAP Exhibit 2B — Market Study Instructions and Company Information (2027 QAP, Gov-approved 5/12/26)
- Methodology
- Agency-specific standalone methodology
Required market study sections
Utah uses its own standalone market study methodology rather than the NCHMA Model Content Standards. Agency-specific methodology — UHC publishes its own requirements in Exhibit 2B.
Utah Housing Corporation (UHC) market study checklist → — every required item, with a link to the agency's guideline.
Key Utah rules
- Staleness window
- Less than 90 days old at the application submission deadline: "must be less than 90 days from the time of Application submission deadline" (2027 QAP, Tab 27, p. 93)
Utah-specific overlays
- PMA + secondary market area distinction — analyst must detail Primary Market Area AND define secondary market area if appropriate
Required companion documents
- Market Study Checklist with Certification of Independence (analyst fills with page numbers, signs bottom)
- Market Study Summary (narrative summary for each checklist item, placed after checklist)
- Market Study Company Information (required of new analysts once per 3-year window)
Things analysts miss in Utah
- Exhibit 2B is both methodology AND companion form — analyst fills out company information AND follows the methodology in the same document
Build the Market Data section of your Utah study
StudyScribe auto-fills the Market Data section — employment, unemployment, building permits, crime and amenities — from BLS, Census, HUD, FBI and Google sources, cites every figure, and exports a Word document formatted for Utah Housing Corporation (UHC) submissions. Start free — no credit card.
Request access for your Utah study →Frequently asked questions
Who reviews LIHTC market studies in Utah?
Utah Housing Corporation (UHC) sets the market study requirements and reviews submissions for Utah Low-Income Housing Tax Credit applications.
How current must a Utah LIHTC market study be?
Less than 90 days old at the application submission deadline: "must be less than 90 days from the time of Application submission deadline" (2027 QAP, Tab 27, p. 93)
Does Utah follow NCHMA standards?
Agency-specific methodology — UHC publishes its own requirements in Exhibit 2B.
Other states
This summary is for general reference and reflects Utah Housing Corporation (UHC)'s published guidance as understood by StudyScribe; it is not legal or compliance advice. Always confirm requirements against the current QAP / market study guidelines before submission.