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Waverly council pledges $5,000 per unit local match for 18-unit workforce housing application
Summary
The council approved a resolution committing local matching funds of $5,000 per unit for an 18-unit workforce housing application for Waverly Medical Park LLC; funds are allocated from the industrial business park project fund and would not be expended if the project does not receive state approval.
WAVERLY, Iowa — The Waverly City Council on May 19 voted unanimously to commit local matching funds of $5,000 per housing unit for an 18‑unit workforce housing tax credit application submitted by Waverly Medical Park LLC.
Council approved resolution 25‑72 to provide the local match for an 18‑unit residential development in the Stone Meadows addition. The resolution states the city will provide $5,000 per unit as its local matching commitment.…
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