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Spirit Lake council supports Workforce Housing Tax Credit application for The Shores at Spirit Lake
Summary
The council unanimously adopted Resolution No. 2025-03 supporting an IEDA Workforce Housing Tax Credit application by The Shores at Spirit Lake, LLC after a brief presentation by Robert Smith of Talon Development.
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The City of Spirit Lake council voted unanimously to adopt Resolution No. 2025-03 supporting the submission of an Iowa Economic Development Authority (IEDA) Workforce Housing Tax Credit application by The Shores at Spirit Lake, LLC.
Robert Smith of Talon Development gave a brief presentation about the project before Councilmember Kofoot introduced the resolution and Councilmember Brockmeyer seconded. The minutes record aye votes from Johnson, Kofoot, Brockmeyer, Chappas and Mensing.
The resolution expresses the council’s support for the company’s application to the state Workforce Housing Tax Credit program; the minutes do not specify project financing details, the number of units proposed, or timelines for construction. The council’s endorsement is a standard municipal step to demonstrate local support for applications to state development programs.
With the adoption of Resolution No. 2025-03, the city’s formal support will be included in the developer’s application packet to the IEDA. The minutes do not record further conditions or required follow-up from city staff regarding the application.
