The Iowa Economic Development Authority is now taking applications for the Workforce Housing Tax Credit Program approved by the Legislature last year. The program makes state tax incentives available to developers who build or rehabilitate housing in Iowa. To be eligible for the program, projects must meet one of these criteria:
- Housing development located on a grayfield or brownfield site.
- Repair or rehabilitation of dilapidated housing .
- Upper story housing development.
- New construction in a community with demonstrated workforce housing needs.
For more information and application materials, go to www.iowaeconomicdevelopment.com/Community/WHTC.