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Waterloo Council Sends Two Housing Project Apps to State


Last night, the Waterloo City Council selected two of three housing developments vying for federal grant money. The Iowa Economic Development Authority will fund up to $3 million for those projects and only two can be submitted to the state for consideration. Last week, Waterloo Community Development Board members recommended applications for the Prairie Rapids Square development off Ridgeway Avenue, and the Greenhill Townhomes development, by Greenhill and South Hackett Road. Darryl High of High Development in Cedar Rapids represents the Prairie Rapids project.

Listen:
   
Developer Brent Dahlstrom spoke about the Grand Crossing condominiums project in downtown Waterloo.

Listen:
   
Cynthia Lee of Common Bonds Development represented the Greenhill Townhomes project and explained the specialty of her company.   

Listen:
   
Community Planning and Development Director Noel Anderson recommended the Prairie Rapids and Grand Crossing project applications for three reasons.

Listen:
   
The council voted first for the two developments recommended by the C-D-B. That measure failed, 1-6; The council then voted for the Greenhill Townhomes and Grand Crossing projects, that measure was rejected by a 3-4 vote. The council then voted for the Prairie Rapids and Grand Crossing projects, which passed on a 4-3 margin, with Quentin Hart, Carolyn Cole, and Pat Morrissey voting against. Those will now be forwarded to the I-E-D-A to compete for the federal money with other applications from around the state.

 

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