HomeMy WebLinkAbout2024-05-06 Resolution 2024-168_Affordable Housing Project, IEDA Workfource Housing Tax Credit Program, Resolution of SupportTHE CITY OF WAUKEE, IOWA
RESOLUTION 2024-168
RESOLUTION SUPPORTING THE SUBMISSION OF AN IOWA ECONOMIC
DEVELOPMENT AUTHORITY (IEDA) APPLICATION TO THE
WORKFORCE HOUSING TAX CREDIT PROGRAM BY HABITAT FOR
HUMANITY OF GREATER DES MOINES, INC
IN THE NAME AND BY THE A UTHORITY OF THE CITY OF WA UKEE, IOWA
WHEREAS, the City of Waukee, Iowa is a duly organized municipality within Dallas
County; AND,
WHEREAS, Habitat for Humanity of Greater Des Moines proposes to construct forty-
eight multi- family residential units and invest approximately $12 million; AND,
WHEREAS, Habitat for Humanity of Greater Des Moines has committed a significant
amount of private financing to the project; AND,
WHEREAS, the City of Waukee created the "North Waukee Residential Urban Renewal
Plan" on November 16, 2020, pursuant to Resolution No. 2020-429, and subsequent
amendments to the same in 2023 and 2024, which will provide assistance to the project in
the form of tax increment rebates.
NOW THEREFORE BE IT RESOLVED by the City of Waukee City Council in
session this 6 h day of May, 2024 that the City of Waukee's endorsement of the Habitat
for Humanity of Greater Des Moines workforce housing tax credit application is hereby
approved.
Attest:
tk4l&* 01
Rebecca D. Schuett, City Clerk
RESULTS OF VOTE:
AYE
Anna Bergman Pierce
X
R. Charles Bottenberg
X
Chris Crone
X
Rob Grove
X
Ben Sinclair
X
CourtrYey Clarke, Mayor
NAY ABSENT ABSTAIN