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Urbandale applies for IFA ‘Thriving Communities’ designation to boost housing project competitiveness
Summary
Urbandale submitted an application to the Iowa Finance Authority’s Thriving Communities program to earn application points that can help local housing projects secure state funding; staff said the city assembled roughly $6 million in recent and planned financial commitments and identified two targeted redevelopment sites downtown.
The Urbandale City Council authorized submission of an application to the Iowa Finance Authority’s Thriving Communities program on May 5, a designation the city says will give developers extra points when seeking several IFA funding sources.
Assistant City Manager Curtis Brown told the council the designation helps demonstrate to IFA that Urbandale is a reliable steward of investment and that points awarded to a designated community can improve the competitiveness of applications…
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