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Staff to return with recommendation on reallocation of $200,000 for affordable housing in FY2026 budget
3048019 · February 18, 2025
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Summary
At a Feb. 18 work session, councilmembers discussed reallocating $200,000 within the city's affordable housing distribution model; staff will return with a recommendation in March or April and indicated the recommendation likely will not continue using the funds for LIHTC.
During the Iowa City Council work session on Feb. 18, city staff said they would return to council in March or April with a recommendation on reallocating $200,000 within the city's affordable housing distribution model for the FY2026 budget.
Staff described the prior use of the funds…
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