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Council approves modest contribution to Story County Housing Trust

Maxwell City Council · December 17, 2024
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Summary

Council approved a $1,358 allocation ($679 for FY25 and $679 for FY26) from economic-development funds to support the Story County Housing Trust; the allocation passed unanimously on a voice vote.

Council reviewed a request from Story County Housing Trust and approved a motion to allocate a total of $1,358 from the economic-development/community-betterment budget across two fiscal years ($679 in FY25 and $679 in FY26). Members discussed which budget line the funding should come from and confirmed availability within the economic-development allocation.

The motion was moved and seconded and then approved by recorded voice vote with council members indicating 'yes.' The funding is intended to support the housing-trust organization's work related to local development; the council designated the payment from the community/economic-development funds.

Staff will include the allocation in the appropriate budget lines and track future similar requests against community-betterment priorities.

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