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Jackson Point management withdraws; supervisors weigh options as units sit vacant
Summary
Keyway Management intends to withdraw as manager of Jackson Point affordable housing; the board heard five units currently unrented pending repairs and discussed loan complexity involving Iowa Finance Authority and the limited partnership structure. Supervisors said the county has limited appetite to act as landlord but will seek more information.
Supervisors were briefed on Jackson Point, an 18-unit low-income housing complex built with Iowa Finance Authority support and county participation. Keyway Management informed the county it plans to withdraw as manager effective Oct. 31; the board heard that at least five units are not currently rentable pending repairs including sidewalk work (estimated at about $5,500) and additional…
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