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HomeMy WebLinkAbout2023-332-05.15.2023Prepared by LeAnn M. Even, City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2023-332 RESOLUTION SUPPORTING THE APPLICATION BY PRAIRIE RAPIDS II, LLC, FOR THE IOWA WORKFORCE HOUSING TAX CREDIT PROGRAM TO CONSTRUCT FORTY-EIGHT (48) NEW HOUSING UNITS LOCATED NEAR THE SOUTHEAST CORNER OF KIMBALL AVENUE AND RIDGEWAY AVENUE. BE IT RESOLVED BY THE COUNCIL OF THE CITY OF WATERLOO, IOWA, that the City Council of the City of Waterloo supports the application by Prairie Rapids II, LLC, for the Iowa Workforce Housing Tax Credit Program to construct forty-eight (48) new housing units located near the southeast corner of Kimball Avenue and Ridgeway Avenue, with up to $240,000.00 in matching city funds. PASSED AND ADOPTED this 15th day of May 2023. 62aertEtti 3-(ar'i Quentin Hart, Mayor ATTEST: xelTey T'efckCe Kelley Felchle, City Clerk SEAL