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Developer seeking tax credits to transform derecho-damaged MAC building into affordable rental units

A developer gained the city’s support to seek competitive Low Income Housing Tax Credits from the Iowa Finance Authority to transform the derecho-damaged MAC building at 1220 Jacolyn Dr. SW into a $16 million affordable housing facility.

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Iowa
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Scott-olson
Midwest-athletic-club
Cedar-rapids-city-council-on
Iowa-finance-authority
Economic-development-coordinator-scott-mather
Jacolyn-drive
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Low-income-housing-tax-credits

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