The Urban Land Institute Iowa chapter will host a workshop on Iowa's Workforce Housing Tax Credit on May 19, 2022 at 8 am in the offices of the Greater Des Moines Partnership. The organization will host a panel including Nichole Hansen, Community Investments Team Leader at IEDA, as well as Kris Saddoris, Vice President Development at Hubbell Realty Company. This panel will discuss the process of applying as well as why the tax credit is important to getting projects off the ground. Registration is free for ULI members, $20 for nonmembers.
On December 14, Urbandale celebrated the opening of Lillis Lofts, a new mixed income property located immediately southwest of Merle Hay Mall. Now, you can get a look inside the property with a video tour from the Polk County Housing Trust Fund.
Lillis Lofts is a mixed income property, meaning some apartments have income restrictions but others do not. The property offers a mix of two- and three-bedroom floor plans with in-unit laundry, free wifi, a fitness center, playground and community room on site.
During the ribbon cutting ceremony, Urbandale Mayor Bob Andeweg celebrated a "wonderful day for the City of Urbandale," calling quality housing a "key priority" for the city.
Joe O'Hern, president of Dream Catcher, the non-profit organization involved in Lillis Lofts, hailed the benefits the property will provide for Urbandale's local workforce.
"There's a bus route close. There are employment opportunities close, and we have a range of income levels that will qualify to live here," O'Hern said. "And I fully expect that virtually all of those different income levels will be working people that can take advantage o the employment opportunities very close by."
Indianapolis-based TWG Development led the project with local nonprofit organization Dream Catcher assuming ownership after construction.
Detailed property information can be found at www.lillislofts.com.