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Johnson County staff outline plan to convey 1102 Hollywood Blvd to Iowa City for veteran-targeted affordable housing
Summary
County attorneys and Iowa City housing officials told supervisors a draft conveyance would transfer county-owned 1102 Hollywood Blvd to the city with a 20-year affordability covenant (targeting households at or below 60% AMI, with intent to serve many at ~30% AMI) and the city plans to use HUD VASH vouchers and wraparound VA services to support veteran residents; the county would complete statutory steps including a public hearing before final conveyance.
Johnson County assistant county attorney Ryan Moss told supervisors on Feb. 4 that staff have negotiated a draft conveyance and affordable-housing agreement with Iowa City that would transfer county-owned property at 1102 Hollywood Blvd to the city for nominal consideration and include deed restrictions and restrictive covenants to ensure affordability.
Moss said the deed and agreement would require households at or below 60% of area median income (AMI) and noted an intent to serve households…
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