Downtown Housing Grant For Rental Housing Awarded | Lifestyle
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ATLANTIC — Atlantic’s downtown housing will be expanding, many thanks to a $300,000 Downtown housing grant administered by the Southwest Iowa Organizing Council (SWIPCO).
The resources, likely to the Whitney Growth Corporation of Atlantic, will add four one particular-bed room and two-bedroom rental units in downtown Atlantic. The new units will be situated in the 2nd ground of 300 Chestnut Street. The Whitney Advancement Company, formed in 2018, owns the setting up, and has accomplished the restoration of the Whitney Resort.
“Housing is just a single of the obstructions businesses are struggling with as they search for to catch the attention of new staff members,”
SWIPCO Neighborhood Advancement Specialist Mackenzie Bandow claimed. “In addition to improving upon the aesthetic of downtown, this grant will assistance the Town of Atlantic guarantee there is reasonably priced housing for more of its citizens.”
Bandow also praised the city’s commitment to cost-effective housing, and observed far more models make the metropolis a additional inviting put to dwell for young experts who may be searching to get started a spouse and children someday. “There is a lack of household units in Atlantic, as most are often occupied with a waitlist,” Bandow extra.
Grants also went to Clarinda ($200,000), Glenwood ($200,000), Logan ($178,984) and Stanton ($100,000)
The Downtown Housing Grant is funded with Condition and Neighborhood Fiscal Restoration Cash approved below the American Rescue Strategy Act of 2021.
E mail Laura Bacon at [email protected]
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