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Iowa City approves purchase of three affordable townhomes in North Liberty with Housing Trust Fund support
Iowa City Council · October 8, 2025
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Summary
Council approved acquisition of three three‑bedroom townhomes in North Liberty for $927,500, funded in part by a $368,000 forgivable loan from the Housing Trust Fund of Johnson County; the units will be operated as city‑owned affordable housing with a 40‑year compliance period and project‑based vouchers.
Iowa City — The City Council on Oct. 7 approved a resolution authorizing the city housing authority to purchase three newly built three‑bedroom townhomes on Aspen Court in North Liberty, using a forgivable Housing Trust Fund loan and housing authority balances.
Tracy Haish…
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