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Council approves $400,000 HOME commitment to Alley Landing to create 40 affordable units

Des Moines City Council · September 16, 2024
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Summary

The Des Moines City Council approved a $400,000 HOME Investment Partnership Program commitment for Alley Landing at 2701 Douglas Avenue, funding the construction of 40 affordable rental units (with eight units targeted for people experiencing homelessness), passing by roll call.

The Des Moines City Council voted to commit $400,000 in HOME Investment Partnership Program funds toward Alley Landing, a proposed affordable housing development at 2701 Douglas Avenue that the council said will result in 40 affordable rental units. The council member who moved the item thanked the developer and neighborhood association and described the project as targeting the 50–60% area median income band; the mover also noted eight additional units in the broader development plan will be reserved for people experiencing homelessness. The motion was moved, seconded and passed by roll call (7 yes).

Council discussion around the item emphasized neighborhood outreach and ensuring the development meets the community’s needs; the mover said the project will be an asset to the Douglas Avenue corridor. Council asked staff to work with the developer on final details as part of normal contract negotiation.