West Des Moines council only supports seniors affordable housing

The West Des Moines City Council voted Monday to continue its policy of issuing letters of support for low-income-housing tax credit projects only when they are aimed at seniors.


Requests for endorsements in March from two developers who were considering building affordable-housing apartments in the city were denied by the council. But discussions surrounding those projects spurred the city to re-evaluate its policy of offering letters of support to the Iowa Finance Authority, which oversees the tax credit program.


Under the policy adopted Monday, the council will consider supporting only housing complexes designed for residents ages 55 and over. The development must also be operated by a not-for-profit organization.


The policy was approved 5-0.


“We didn’t identify any real public or community need for additional low-income housing using tax credits,” said Councilman Charles Schneider. “The number of units per capita in West Des Moines is already within the top four municipalities in the metro.”

Read more at DesMoinesRegister.com




About Bob Voelker

Vice President and General Counsel, StreetLights Residential - Building Places that Life the Human Spirit.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s