Statewide, Iowa — Iowa’s housing market has been a boon for people selling houses — but the supply shortage of houses is also showing up in the rental market. Anne Bacon is the chief executive officer of IMPACT, which helps low-income residents in central Iowa. She said lower-income Iowans are seeing higher rent prices, with fewer options due to lower supply.
Bacon says that creates a stalemate.
Many communities are trying to find ways to overcome the shortage of homes and rental options. The city of Ottumwa for example is offering an incentive for people who build a new home there. Bacon made her comments on the Iowa Public Radio program “River to River.”
