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Davenport council extends closing deadline for Annie Whitmire property amid questions about possible gap loan
Summary
The city approved a 30‑day extension to AW Holdings’ conveyance deadline to preserve the developer’s chance to secure federal HOME funding; council members and a public commenter pressed staff for details on any potential city “gap loan.”
The Davenport City Council voted June 11 to extend by 30 days the deadline for AW Holdings LLC to complete conveyance of the Annie Whitmire property, a move city officials said is intended to preserve the developer’s opportunity to secure federal HOME funds.
Public commenter Judith Lee asked the council to provide more detailed documentation before it acted, saying, “we gave city property assessed at nearly 23 millions to AW Holding LLC for a dollar,” and pressing staff for answers on the size,…
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