Iowa Finance Authority Board of Directors Meeting Minutes April 2026
Spin Lofts receives $1.2M 2026 LIHTC award
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Description
The Iowa Finance Authority Board awarded a $1.2 million 2026 9% LIHTC allocation under the Innovation Set-Aside to Spin Lofts, LLC. The tax credits will support development of innovative affordable housing at the Spin Lofts project.
Contract Details
Contract Amount
$1,200,000
Vendor
SPIN LOFTS LLC
Agency
Iowa Arts Council, IA
Contract Type
FINANCIAL_SERVICES
Document Date
April 1, 2026
Contract Term
2026 9% LIHTC Innovation Set-Aside allocation
Renewal Date
2036-12-31
Renewal Info
One-time 2026 9% LIHTC Innovation Set-Aside allocation; any future credits would require a new award.
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