Hull, Iowa — Goldfinch Grove, an affordable housing project in Hull is set to received over $800,000 in federal funding and tax credits toward their project on Third Street in Hull.
The Iowa Finance Authority (IFA) Board of Directors says federal Housing Tax Credit and HOME program awards have been given to thirteen affordable rental projects totaling more than $83.7 million to build and preserve 523 affordable housing units in nine Iowa counties.
Iowa Finance Authority Executive Director Dave Jamison says that the tax credit and HOME program awards will improve affordable housing options in communities all across Iowa, ultimately enhancing the quality of life for thousands of Iowans. He says that each of these communities will see the far-reaching benefits of these projects for generations to come.
The Hull project will consist of twelve affordable units for families, which are being built at 1612 Third Street in Hull. They are to receive nearly $204,000 in federal tax credits and a “HOME” award of nearly $609,000. Excel Development Group is building the units.
More information from the Iowa Finance Authority
Housing Tax Credits
The Internal Revenue Service makes an annual per capita allocation of federal tax credits to each state for the Housing Tax Credit program. IFA is charged with allocating those credits to developers of affordable housing in Iowa. Developers who receive tax credits sell them to investors to generate equity for the housing developments. The tax credits provide a dollar-for-dollar reduction to the investor’s federal tax liability on ordinary income. IFA had more than $7.8 million to allocate in the 2015 Tax Credit Round. IFA received 23 applications requesting more than $13.2 million in Housing Tax Credits. The IFA Board of Directors awarded more than $7.8 million in Housing Tax Credits to thirteen projects. The actual awards exceed $78 million because the credits are committed annually for a 10-year period.
The U.S. Department of Housing and Urban Development allocates HOME program funding among states and hundreds of localities nationwide. IFA allocates Iowa’s allocation of HOME funds to eligible entities to build and preserve affordable housing.
Storm Lake, Iowa — Several people are facing drug-related charges in northwest Iowa following an investigation that was launched two years ago.
Storm Lake Police have made 17 arrests in connection with a series of drug investigations involving the manufacturing, sale and use of meth, heroin, cocaine, ecstasy, and marijuana. The enforcement operation dubbed “Operation Raw Deal” began early Thursday morning and ran through the weekend. During the investigation, police searched two houses, seizing drug, cash, and paraphernalia.
Police are looking for several more people in connection with the investigations and are working with law enforcement agencies in other states in search of the wanted suspects.
Rock Valley, Iowa — A granary was destroyed in a fire on Monday, March 16, 2015 near Rock Valley.
According to Rock Valley Fire Chief John Wallenberg, about 6:20 PM, the Rock Valley Fire Department was called to the report of structure fire at 2137 340th Street, three miles south and three and a half west of Rock Valley, on property owned by Rick Davelaar.
The chief says the fire department saw a fully engulfed granary as they arrived. He says the building was almost gone. The roof on a nearby old hog house was on fire too, he says. He says they were able to save that building, but not the granary, which had been set up for horses to feed on hay in the building.
Wallenberg reports that Rick Davelaar burned his hand on a camper as he was trying to move it out of the way.
The fire department was assisted by the Hudson, South Dakota Fire Department. Wallenberg says they brought a water tanker.
He says the cause of the fire appeared to be due to some burning a few days before. He says his theory is that the wind caused embers in a stump to light on fire, which jumped to the trees and then the buildings.
Chief Wallenberg reports that in addition to the damage to the older buildings, the hay loss was also significant.
He says they used ten to fifteen thousand gallons of water to fight the fire, and crews were on scene until 10:30 PM.
The chief reminds people that the dry, windy conditions that we’ve been having are a perfect combination for fires to spread rapidly. He says the Rock Valley Fire Department fought three fires after noon on Monday. The other two were grass fires to which they responded with the Sioux Center Fire Department.
He says people should reconsider burning anything under these conditions.
Sheldon, Iowa — An arrest has been made in the ongoing case of reports of package thefts in Sheldon.
The Sheldon Police Department has filed multiple criminal charges against a Sibley woman for her alleged involvement in the thefts.
Officers charged 43-year-old Becky Lynn Vander Plaats with Theft in the 3rd Degree, an aggravated misdemeanor. Authorities believe that she was involved with at least nine of these thefts. She was also charged with nine counts of Simple Misdemeanor Trespassing.
The Sheldon Police Department received twenty-six separate reports from residents who had packages stolen from the front entry areas of their homes between December of 2013 and February of 2015. The packages had been delivered to the homes by several different shipping and postal delivery services. The packages contained a variety of items including clothing, electronics, craft items, shoes, tools, and numerous other miscellaneous items.
Officers executed a search warrant at Vander Plaats’ home at 526 Ninth Avenue in Sibley, and seized numerous items of an evidentiary value from the home.
Vander Plaats will be required to appear in court on a future date to answer to the charges.
Assisting the Sheldon Police Department were deputies from the Osceola County Sheriff’s Department and the O’Brien County Sheriff’s Department.
The police department wants to remind the public that a criminal charge is merely an accusation and that all persons are innocent until and unless proven guilty in a court of law.
Larchwood, Iowa — A Sioux Falls man has been arrested on a felony charge at Grand Falls Casino.
The Lyon County Sheriff’s Office reports that they arrested 23-year-old Mitchell Andrew Maldonado of Sioux Falls last week on a charge of Possession of Stolen Property, a class C Felony.
The arrest stems from a brief investigation after a Lyon County Deputy located a stolen vehicle in the parking lot of the Grand Falls Casino and Resort. The vehicle had been reported stolen from Sioux Falls in the afternoon of March 10, 2015; and according to the Sioux Falls Police Department, Maldonado had allegedly stolen it.
With the assistance of the Grand Falls security, the Deputy was able to locate Maldonado inside the casino.