Council supports IGL Construction housing development

Print More
Spencer City Council Chambers sign

George Moriarty knows Spencer needs more housing.

It make sense, then, that the at-large city councilman was excited to be part of a 7-0 unanimous vote Monday night approving a resolution of support for a housing project planned by IGL Construction at 221 32nd Avenue West.

“Hallelujah!” Moriarty exclaimed following the vote.

According to an agenda memo from city staff, the homes are meant “to meet the growing workforce housing need in the region.”

The city had to approve a resolution of support because IGL Construction is submitting an application to the Iowa Economic Development Authority (IEDA) for workforce housing tax credits.

IGL Construction plans to build 55 new residential homes in three phases south of Pivot Point (former Eaton building). The first phase will consist of 10 homes completed in 2020.

“As part of the (IEDA) housing tax credit program, the resolution of support requires a minimum of $1,000 per unit commitment,” City Manager Amanda Mack said. “However, we have a tax abatement program already on the books that meets the $1,000 per unit qualification.”

Mack added that the city is “not committing any cash to the project.”

Moriarty did have a question, though, about whether sewer infrastructure in the area would be adequate for the new development.

“The capacity of the sanitary sewer’s been increased, so we believe that that’ll be adequate for that,” Public Works Director Mark White said. “But, you know, if we started growing greatly from that, then we’d have to address some additional concerns.”

Mayor Kevin Robinson thanked IGL Construction and city staff for their work on the project.

“I know it’s been in the works for a while and it’s going to be a nice addition of available housing, new housing, to our town,” Robinson said. “There’s a great need for that.”

Leave a Reply

Your email address will not be published. Required fields are marked *