State approves $1M in tax credits for Carroll town house complex
September 6, 2022
The Iowa Finance Authority Wednesday awarded $1 million in low-to-middle income housing tax credits for a Kansas City-area development group with a multi-state portfolio of housing to construct an $11-million, 35-unit town-house complex east of MidAmerican Energy and Auen Distributing and south of the Union Pacific Railroad lines in Carroll.
Carroll City Council members in May approved initial steps — but with many to go — in a process that could lead to construction starting in the spring with completion expected in the spring of 2024.