Housing

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Two Ruan Center to be converted to market rate apartments

The 14-story Two Ruan Center will be converted to market rate apartments, the building’s owner announced today. The top rendering shows the rooftop of the building at 601 Locust St. The bottom left rendering is…
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Hubbell now offering single-family house rentals

Hubbell Homes and Indigo Living, both owned by Hubbell Realty Co., are renting single-family houses in the Des Moines area. Fifty-six two- to four-bedroom houses are planned. The photo shows the kitchen and living room…
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$3.1 million awarded to 2 Polk County affordable housing projects

A former Days Inn hotel at 4845 Merle Hay Road in Des Moines is being converted into permanent supportive housing for people who are homeless. Photo special to the Business Record

Two affordable housing projects …

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Proposed Des Moines development wins housing innovation competition

A panel of housing, energy and design judges selected the proposed Des Moines development of Townhall Apartments and Community Food Market as the winner of the Iowa Finance Authority’s inaugural Innovation in Housing Pitch Competition …

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Construction beginning on 90-unit affordable housing project

Construction is starting on a three-story, 90-unit affordable housing project on 4.4 acres adjacent to Southridge Mall on Des Moines’ south side.

AHEPA Senior Living, a Fishers, Ind.-based nonprofit provider of affordable multifamily housing for …

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Des Moines named No. 1 place for young professionals to meet homeownership goals

The city of Des Moines was ranked the top place for young professionals to live, according to a new study from Forbes.

The study’s goal was to determine the best places for young professionals to …

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Housing awards expected to create more than 2,000 residential units

Gov. Kim Reynolds and the Iowa Economic Development Authority announced $38 million in workforce housing tax credits to develop new housing opportunities in communities across the state. The awards will support 59 housing projects that …

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Hubbell Realty’s newest apartment building nearly ready to open

In fall 2018, Hubbell Realty Co. began work on conceptual designs for a five-story, 114-unit apartment building in its Bridge District development just south of Interstate Highway 235.

The company’s goal was to begin construction …

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11 rental housing projects receive $15M in federal funding

The Iowa Finance Authority board of directors recently awarded more than $15 million in federal housing tax credits and HOME program loans to support the construction and rehabilitation of 410 affordable rental homes for Iowans. …

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Habitat for Humanity starts duplex project in Ankeny

Lance Henning, CEO of Greater Des Moines Habitat for Humanity, speaks during a groundbreaking ceremony for a new project in Ankeny. Photo courtesy of Habitat for Humanity

A groundbreaking ceremony held this week in Ankeny …