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Council clears Cook Park vacation and rezoning to let developer seek Low‑Income Housing Tax Credits for Webster school conversion
Summary
Sioux City Council approved vacation of a portion of Cook Park and rezoning needed for Commonwealth Development’s plan to convert the Webster elementary school into affordable housing and add new construction on adjacent park property; the applicant asked for expedited hearings to meet a LIHTC application deadline.
The council approved a resolution to vacate a portion of Cook Park adjacent to 417 Market Street and adopted rezoning required for a redevelopment proposal from Commonwealth Development Corporation of America. The petitioner said the city action will allow conversion of the former Webster Elementary School into affordable housing and add a new‑construction component on the vacated park land to improve project economics.
Tyler Sheeran of Commonwealth…
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