(Atlantic) Affordable housing in southwest Iowa recently got a boost from the Iowa Economic Development Authority.
A grant administered by Southwest Iowa Planning Council (SWIPCO) will provide $300,000 to renovate and add four upper-story housing units in the City of Atlantic.
The project will include a complete interior overhaul of the second level of the building at 300 Chestnut Street in Atlantic. The renovation will add four new one and two-bedroom rental units in the heart of downtown. The Whitney Development Corporation of Atlantic owns the building. The group, which has completed other projects such as the Whitney Hotel restoration, was formed in 2018 for the purpose of funding community development projects in Atlantic and Cass County.
Another grant will provide $100,000 to renovate and update two upper-story housing units in the City of Stanton. The project will include an interior overhaul of unfinished second story space in the property at 312 Broad Avenue, along with exterior improvements such as brick tuckpointing, the addition of concrete parking stalls, and deck construction to add outdoor living space.
The Downtown Housing Grant is funded with State and Local Fiscal Recovery Funds authorized under the American Rescue Plan Act of 2021.
