Ashley Hinson (R-IA02)

Tax Staffer: Nick Bowser, nick.bowser@mail.house.gov.

District Highlights

19 projects
171,499,393 in NMTC allocation
372,008,601 total project financing
2,567 FTE jobs created or retained
1,766 construction jobs created
3 manufacturing businesses

19

projects

$171,499,393

NMTC Allocation

$372,008,601

in total project financing

2,567

FTE jobs

1,766

construction jobs

3

manufacturing and industrial businesses supported

NMTC Project Profiles (Inside the District)

Cedar Valley Habitat for Humanity

Hiawatha,
IA
(2012)

Affordable Housing

CDE(s): Iowa Community Development

Construction for Habitat homes across Iowa will create 125 construction jobs and one full-time affiliate job, in addition to retaining 73 full-time and 16 part-time affiliate jobs.

Steeple Square

Dubuque,
IA
(2020)

Business Development, Community, Daycare and Early Childhood, Historic Rehabilitation, Historic Tax Credit, Manufacturing, Youth and Families

CDE(s): Dudley Ventures

Steeple Square is the development of community and training campus and day care that will serve as a collaborative multi-tenant center, rehabilitating the former iconic St.

Youth & Shelter Services

Mason City,
IA
(2019)

Addiction Treatment, Behavioral Health, Community, Daycare and Early Childhood, Food Bank or Pantry, Healthcare, Homeless Services, Incubator, Mixed-use, Nonprofit Hub, Rural, Shelters and Community Food, Youth and Families

CDE(s): Iowa Community Development

The renovation of the YSS Francis Lauer's 31,000 sq. ft. building located in Mason City, Iowa.

The Roshek Building

Dubuque,
IA
(2009)

Community, Mixed-use, Nonprofit Hub, Retail

CDE(s): Iowa Community Development, United Fund Advisors, USBCDE

A long underutilized historical building is rehabilitated to become an IBM regional service headquarters.

Novelty Ironworks Rehab

Dubuque,
IA
(2014)

Historic Rehabilitation, Historic Tax Credit, Mixed-use

CDE(s): Iowa Community Development

A 260,000 sq. ft. historic complex was rehabbed as a mixed-use community.

The 550 Building, L.C.

Cedar Rapids,
IA
(2017)

Mixed-use

CDE(s): Central States Development Partners

NMTC financing to support a refinance structure of a real estate holding company in its renovation efforts of a mixed-use development in a highly distressed area of Cedar Rapids, IA.

Projects Nearby the District

Albert Lea, MN (2021)

Vortex Cold Storage

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Marshalltown, IA (2011)

Swift Pork Company: Marshalltown

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Projects Nearby the District

Albert Lea, MN (2021)

Vortex Cold Storage

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Marshalltown, IA (2011)

Swift Pork Company: Marshalltown

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