Affording a home in Salt Lake City’s Guadeloupe neighborhood wasn’t terribly difficult when Giv Group started looking at new developments surrounding Utah Transit Authority’s North Temple FrontRunner station almost a decade ago.

“When we approached it, home prices in this neighborhood were mid-$100,000,” said Chris Parker, director of the development company.

That’s no longer the case.

While thousands of apartment units have opened in the area over the past 10 years, turning an underutilized factory district just northwest of downtown into a fast-growing neighborhood, he points out that the many homes that were once obtainable for working-class families are now almost out of reach. Homes in the area may cost $400,000 to $600,000 or more, on top of high interest rates.

However, an addit

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