Hiawatha, IA (2012)

Cedar Valley Habitat for Humanity

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.

Investment

  • NMTC Amount: $1,950,623
  • Total Project Cost: $1,950,623

IMPACT

  • 5 FTE jobs
  • 50 construction jobs
  • Financing for 94 affordable homes.

Investor

Voices from the Community

With increased construction costs, programs like these assist us in making the dream of homeownership become a reality, thus helping to build stronger families and communities.

-Kelly Lamb, Executive Director, Cedar Valley Habitat for Humanity, Cedar Rapids, Iowa

Project Description

In August 2013, Greater Des Moines (GDM) Habitat for Humanity and affiliates in Cedar Valley, Iowa Heartland, Iowa Valley and Siouxland shared $12 million of NMTC to finance 94 Habitat for Humanity homes across the state. GDM also recently built Iowa’s first homes to meet the National Association of Home Builders Emerald standard, which requires energy savings of 60 percent or more. 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.

MAP

Address: 104 Tenth Avenue, Hiawatha, IA 52404

Census Tract: 19113001200

Other Iowa Projects