Tax Credit Project Awarded in Davenport, IA
MWF Properties was recently given notice of a Tax Credit Award in Davenport, IA from the Iowa Finance Authority.
The project will be called Lafayette Square, located at 625 West 4th Street, Davenport, IA 52801. The project will consist of the demolition of multiple, out-dated buildings, and the construction of a 5-story, 48-unit apartment building, with parking and an on-site management office on the first floor.
The 48 units will be mixed-use with 3 market-rate units and 45 LIHTC units.
This will be MWF Properties' third project in Iowa, and we look forward to continued growth in this area.
Construction is set to begin in the Fall of 2015, with move-in anticipated to begin in the Spring of 2016.
Posted on Mon, April 20, 2015
by Chris Stokka