Public Hearing Set on $2M Sale to Affordable Housing Nonprofit
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Description
Iowa City scheduled a July 14, 2026 public hearing on selling the 1102 Hollywood Boulevard multifamily property to Iowa City Affordable Housing Inc. for $2 million. ICAH intends to operate the 15-unit complex with HUD-VASH vouchers for veterans experiencing homelessness, assuming long-term obligations from a prior county agreement.
Contract Details
Contract Amount
$2,000,000
Vendor
IOWA CITY AFFORDABLE HOUSING INC (ICAH)
Agency
City of Iowa, IA
Contract Type
FACILITIES
Document Date
June 16, 2026
Renewal Info
Proposed property conveyance and assignment of obligations from an existing agreement with Johnson County; final approval pending public hearing.
More from IOWA CITY AFFORDABLE HOUSING INC (ICAH)
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City of Iowa City Council Information Packet 2026-06-25
Iowa City City Council Formal Agenda 2026-06-16
Iowa City City Council Formal Agenda 2026-06-16
Iowa City City Council Formal Agenda 2026-06-16
Iowa City City Council Formal Agenda 2026-06-16
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