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Board discusses Troy Clark proposal to create up to 18 downtown units; $200,000 set aside for housing initiative

La Porte City Urban Enterprise Association (UEA) Board · May 20, 2026
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Summary

Board members discussed a potential downtown rehabilitation project by Troy Clark that could produce about 18 upper-story rental units; the board set aside $200,000 for a housing initiative and asked for a fuller proposal and partner funding details before a formal vote.

The La Porte UEA board discussed a potential multi-building rehabilitation proposed by Troy Clark that could create roughly 18 upper-story rental units downtown, and set aside $200,000 to support the city's broader housing initiative.

Staff described a tour of multiple buildings and told the board that work remaining includes flooring and drywall; the project could produce a mix of studios, one- and two-bedroom units. Clark reportedly sought up to $400,000 in total project funding; staff said the UEA could potentially parlay $200,000 with partner grants to underwrite the project.

A committee member noted "18 is a is a substantial number of units," underscoring the project's potential impact on downtown housing supply. Staff also reported preliminary rent figures discussed with the applicant: a studio around $1,100 and some two- or three-bedroom units near $1,300, though the board did not adopt any rent restrictions or affordability covenant at this time.

The board did not vote to commit the full requested amount; members asked staff to compile partner responses and a consolidated list of questions for Troy Clark so he can provide a fuller proposal and clearer cost breakdown before the board considers formal approval.

Why it matters: If carried out, the project would add significant upper-story housing in the downtown core and could leverage UEA funds with outside grants or private investment to activate vacant space.

Next steps: Staff will meet with project partners, compile questions for the applicant, and return with a fuller proposal and cost breakdown for board review.