State approves tax credits for new housing in Webster City
The Iowa Economic Development Authority (IEDA) approved $39.84 million in workforce housing tax credits statewide on Tuesday, confirming the funds will support up to 2,093 new housing units in Iowa in fiscal year 2027. Two new housing projects in Webster City were awarded the highly-sought after tax credits; a 109-unit rental apartment community on west Wall Street, and three single family homes in Brewer Creek Estates. The tax credit awards are announced each year in September. Kading Development’s Wilson Estates, the apartment community on Wall Street, received the maximum tax ...