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Council approves sale of 1102 Hollywood to nonprofit to create 15 supportive units for veterans
Summary
Iowa City agreed to sell 1102 Hollywood Boulevard to a newly formed nonprofit, Iowa City Affordable Housing Inc., for $2,000,000 from the general fund to convert the property into 15 supportive units for veterans using VASH vouchers; HUD environmental reviews and unit furnishing are complete or underway, and first move‑ins are anticipated in September.
The Iowa City Council on July 14 approved a purchase agreement to convey 1102 Hollywood Boulevard to a nonprofit formed to operate veteran‑focused supportive housing, advancing a project officials say will create 15 units reserved for veterans using VASH vouchers.
Tracy Haixue (Speaker 17), who presented the plan, said the county conveyed the property to the city in March 2026 and that the city formed Iowa City Affordable Housing Inc. to hold the property and operate the program in compliance with HUD rules. She said the purchase agreement includes a $2,000,000 payment from the city’s general fund that will be memorialized in a grant agreement and repaid when the nonprofit closes on financing. “We created one called Iowa City Affordable Housing Inc. … the purchase agreement mentions for $2,000,000. The city will provide that out of the general fund,” she said.
Haixue described completed HUD environmental reviews and radon mitigation work, repairs to walkways and siding, installation of security cameras, and a rekeying of locks. She said partners (including Houses and Homes) have furnished units; final furnishing was scheduled to be complete by July 24 and the housing authority expects first move‑ins in September after HUD approves third‑party inspection arrangements.
Council reaction and vote: council members praised staff and partners for coordinating the complicated transfer, praised the supportive‑housing focus for veterans, and approved the resolution by roll call (motion passed 6–0). Speaker comments thanked county partners for waiving a 60‑day right of first refusal to speed the project.
Next steps: HUD approvals for third‑party inspection and rent‑reasonableness procedures remain, and staff will finalize the HAP (housing assistance payment) contracts before move‑ins.
