Housing

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New Ellipsis apartments open door for young people to live successful lives

A digital rendering of what the new independent living apartments being built by Ellipsis will look like. Image provided by Ellipsis.

Young people who are part of Ellipsis’ residential program will soon be moving into …

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Highland Apartments ‘too expensive to renovate’

Two local historical preservationists are exploring the economic feasibility of renovating the Highland Apartments, located at Sixth and Euclid avenues in Des Moines. One has provided information to the Des Moines City Council, which is expected to…
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What you need to know about the Low Income Housing Tax Credit Set-Aside program

Here are some takeaways from Thursday’s informational meeting about the new Innovation Set-Aside for the Low Income Housing Tax Credit Program through the Iowa Finance Authority.

Derek Folden, tax credit director of the Iowa Finance …

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Meeting to discuss Low Income Tax Credit Innovation Set-Aside program set for Thursday

A virtual meeting is planned for Thursday to discuss a new program that is designed to solicit proposals from developers for low-income housing projects that use innovative construction, financing or partnerships.

The Iowa Finance Authority …

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Homebuyer education session explaining Polk County $30,000 grant set for Wednesday

Re/Max Precision Urban Office is hosting a homebuyer seminar on Wednesday, May 17, to provide information about the Polk County Down Payment Assistance Program. The program offers eligible homebuyers a $30,000 deferred loan at zero …

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Anawim Housing names new president

Cynthia Latcham

Cynthia Latcham, who has worked for Anawim Housing for the past decade, has been named the organization’s president.

Latcham, who had been Anawim Housing executive director since 2020, succeeds Russ Frazier, who left …

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Additional allocations for affordable housing announced

Two affordable housing projects have been awarded money from the federal American Rescue Plan Act allocated to Polk County. The Polk County Housing Trust Fund is reviewing applications for the money and is awarding the funds.…

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Indigo Living expands multifamily property management to Kansas City

Indigo Living, a subsidiary of West Des Moines-based Hubbell Realty Co., has expanded its multifamily property management services to Kansas City, Mo., the group announced. Indigo Living is overseeing 863 units between two multifamily communities, …

Highland Apartments

The Des Moines City Council has postponed a discussion regarding the proposed demolition of Highland Apartments until June, the city announced today. The three-story brick building at 3524 Sixth Ave. is among seven included on …

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Downtown housing, Norwalk Central among topics discussed by CRE panel

A range of topics were discussed during the Business Record’s annual Commercial Real Estate Forum, including housing in downtown Des Moines, mass timber projects and developments in the city of Norwalk. 

Participants on the April …