Salt Lake City looking at buying vacant hotel


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SALT LAKE CITY -- Salt Lake City's vacant Rio Grande Hotel could become low-income housing.

Salt Lake City's Redevelopment Agency is set to vote on purchasing the recently remodeled building on 428 W. 300 South sometime Tuesday.

The 49-unit hotel would help replace some of the over 116 low-income rooms that will be lost when the crumbling Regis and Cambridge hotels on State Street are demolished or remodeled.

If passed, the old hotel will cost around $375,000. Residents would be able to rent a room for $80 a week.

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