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Council approves sale of 408 Vermont Street to Iowa Heartland Habitat for Humanity with rehabilitation grants
Summary
The council adopted resolutions to sell 408 Vermont Street to Iowa Heartland Habitat for Humanity for $1, approved a development agreement, a $5,000 infill housing grant and up to $16,885 for asbestos mitigation, and authorized city signatures; staff described the property as a blighted structure being rehabilitated rather than a new build.
The Waterloo City Council voted to convey 408 Vermont Street to Iowa Heartland Habitat for Humanity for $1 and authorized a development agreement that includes a $5,000 infill housing grant and up to $16,885 to cover asbestos mitigation costs.
Noel Anderson, Community Planning & Development Director, told the council this is a rehabilitation of a blighted, long‑vacant structure rather than a new build. Anderson said asbestos removal work will be subcontracted to the rehabilitation contractor because an addition left original exterior siding exposed inside a porch area, creating a messy removal that is better handled by the contractor on the project. “Habitat will sell it through their program, which is set up to help lower moderate income homeowners,” Anderson said.
During the public hearing, a resident asked whether Habitat would fully build the structure and whether grant funds or asbestos remediation dollars would be recouped on resale; Anderson said Habitat is rehabilitating the home and will operate the property through its program designed for lower‑to‑moderate‑income buyers.
Council moved, seconded and adopted the resolutions authorizing the conveyance and approving the development agreement. A roll‑call vote in the meeting record shows the following members recorded in favor: Mr. Bozen/Boesen, Mr. Nichols, Miss Creighton Smith, Mister Charles, Mister Simon, Miss Wilder and Mister Boyce (each recorded as “Yes” in the meeting roll calls). The hearing record contains no recorded dissent on the motion.
The development agreement authorizes the mayor and city clerk to execute the documents needed to complete the transaction. The city also approved a professional services agreement related to asbestos work tied to DNR/EPA brownfield grants that staff said will cover targeted additional inspection work prior to bidding.
