Council Bluffs secures $6.8M grant for affordable housing infrastructure development

The City of Council Bluffs is set to make significant strides in addressing its housing shortage with the approval of a $6.87 million community development block grant from the State of Iowa. This funding will facilitate the construction of 40 new homes in a planned affordable housing development, marking a crucial step towards alleviating the city's pressing housing crisis.

City officials expressed pride in this initiative, which aims to enhance infrastructure and create a sustainable community. The project is expected to serve as a catalyst for further development, potentially leading to the construction of 500 to 700 additional housing units in the area. Currently, Council Bluffs faces a severe lack of available housing, with less than 1% of homes owner-occupied and only 1.7% rental properties available.

The city is taking proactive measures to stimulate housing development, particularly as the private market has not stepped up to meet the demand. By utilizing American Rescue Plan Act (ARPA) funds to acquire land and secure state grants for infrastructure, Council Bluffs aims to broaden its tax base and ultimately lower property taxes for residents. Last year, the city successfully reduced the tax levy by 40 cents, with plans for further reductions this year.

Officials highlighted the importance of mixed housing options, including standalone homes, townhouses, and apartments, to create a diverse community. They also acknowledged the alarming rise in homelessness in the Omaha-Council Bluffs area, attributing it to the lack of affordable housing. The city is committed to ongoing efforts to provide housing solutions and improve the quality of life for its residents.

As the project moves forward, city leaders encourage community engagement and transparency, inviting residents to reach out with questions or concerns. The Council Bluffs housing initiative represents a critical investment in the future of the community, aiming to create a more inclusive and accessible living environment for all.