2026 Federal Housing Tax Credit 9% Awards

Awarded Projects Include:

Spin Lofts, Council Bluffs

521 21st Avenue

• New Construction for Families
• 45 Units
• Developers: Arch Icon Development Corporation, Lutheran Family Services of Nebraska, Inc.
• Set-Aside: Innovation
• Tax Credits: $1,200,000

Woodridge Apartments, Washington

603 West Adams Street

• Acquisition/Rehab for Families
• 24 Units
• Developer: Community Housing Initiatives, Inc.
• Set-Aside: Nonprofit
• Tax Credits: $697,535
• HOME Award: $575,000

The Enclave Apartments, Urbandale

10841 Douglas Avenue

Iowa Thriving Community

• New Construction for Families
• 60 Units
• Developers: Crown Court Properties, Ltd, Volker Development Inc.
• Set-Aside: Nonprofit
• Tax Credits: $1,700,000

The Commons on First, Greenfield

508 1st Street

• New Construction for Families
• 24 Units
• Developer: Gratus Development, LLC
• Set-Aside: Rural
• Tax Credits: $912,795

The Reserves at Story City, Story City

Prairie Drive and Dale Hendricks Way

• New Construction for Families
• 45 Units
• Developer: Overland Property Group, LLC
• Tax Credits: $1,700,000

Agassiz Lofts, Ottumwa

608 East Williams

Iowa Thriving Community

• Adaptive Reuse for Seniors
• 32 Units
• Developer: CBC Financial Corporation
• Tax Credits: $1,195,982

Townhomes at Perry Crossing, Perry

• New Construction for Families
• 39 Units
• Developers: Curly Top, LLC dba CT Development, Kiernan Development & Construction LLC
• Tax Credits: $1,700,000

The Web (2026), Sioux City

• Adaptive Reuse, New for Families
• 54 Units
• Developer: Commonwealth Development Corporation of America
• Tax Credits: $1,700,000

Baker Creek Townhomes, Des Moines

• New Construction for Families
• 15 Units
• Developers: Anawim Housing,Inc, Hubbell Development, LLC
• Tax Credits: $500,049
• HOME Award: $452,614