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City approves major housing development to meet growing demand

September 03, 2024 | Oskaloosa , Mahaska County , Iowa


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City approves major housing development to meet growing demand
In a recent government meeting, the Oskaloosa City Council approved a resolution to support a development agreement with Edmondson North, LLC, aimed at transforming a vacant five-acre tract into a residential area. The proposed project, located at the northwest corner of 11th Avenue West and South H Street, includes the construction of 20 single-family homes and approximately $1.06 million in public improvements, such as streets, utilities, and a recreation trail.

The current valuation of the site is $80,040, with an estimated post-development value of $5.6 million. The development is part of a new urban renewal area, and the city plans to provide financial assistance through up to ten annual grant payments, totaling a maximum of $500,000 or the amount of qualified costs, whichever is less. This initiative aligns with the findings of Hauska Loos' 2023 comprehensive housing analysis, which indicates a need for 195 new owner-occupied housing units in Oskaloosa by 2030. Since 2020, only 60 units have been produced, leaving a projected need for 135 additional units.

Council members expressed enthusiasm for the project, highlighting its alignment with the city’s strategic plan to increase housing stock. The resolution passed with unanimous support, reflecting a collective commitment to addressing the housing demand in the community.

Additionally, the council conducted a second reading of an ordinance amending the Oskaloosa City Code regarding late charges on sewer bills. This ordinance establishes charges for sewer rental and services, which will be billed by the Oskaloosa Water Department. The council's actions underscore ongoing efforts to enhance infrastructure and housing availability in the city.

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