Ground has been broken on a project to provide lower income families with more quality housing options Orange City, Iowa.
Prairie Heights, led by Excel Development Group, will include 14 new housing units.The Iowa Finance Authority, which is one of Excel Developments' partners in this venture, has raised $2.8 million dollars in federal tax credits to help fund the project.
The group's goal is to lure in families, who can't afford to become home-owners because of the community's steady growth of labor over the last few years.
"There has been a lot of job expansions, and you have a large population of folks who commute in to Orange City to work. "So they're trying to provide more housing options, because right now there are very few rentals," said Excel Development Director Paula Rhian.
With 14 new units being built, the added housing will benefit as many as 56 families over the life of the homes.
Each home will have 3 to 4 bedrooms, an attached garage, and other amenities.
When you can have 14 families possibly move to our community, that's our desire and that's our hope," said Orange City Development Corporation Chairman and ex-mayor, Les Douma.
Tax dollars won't be spent until the project is complete, and the properties are up and running. Construction could be complete by May of 2015.