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Iowa City Mayor Bruce Teague speaks to the crowd after the city received a $3.75 million Pathways to Removing Obstacles to Housing grant from the U.S. Department of Housing and Urban Development ...
Members of Escucha Mi Voz asked the Iowa City City Council to use its PRO Housing grant money for minority-specific affordable housing assistance.
Beginning in 2022, the Brown Street Historic District was the site of a project to increase affordable housing in Iowa City. The city sold a vacant lot at 724 Ronalds Street to a nonprofit who has worked with the Iowa City Community School District to build affordable rental housing and provide students with on-the-job vocational training. [8]
3. Des Moines, Iowa. Why it's great: Des Moines consistently ranks high in affordability, with housing costs significantly lower than the national average. From historic homes to modern apartments ...
Scattered-site housing programs are generally run by the city housing authorities or local governments. They are intended to increase the availability of affordable housing and improve the quality of low-income housing, while avoiding problems associated with concentrated subsidized housing. Many scattered-site units are built to be similar in ...
Non-profit housing developers build affordable housing for individuals under-served by the private market. The non-profit housing sector is composed of community development corporations (CDC) and national and regional non-profit housing organizations whose mission is to provide for the needy, the elderly, working households, and others that the private housing market does not adequately serve.
The council will hold a public hearing and vote to increase affordable housing offerings, hoping to meet growth demands. Iowa City City Council considering code amendments to incentivize ...
The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.
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