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CHARLES CITY, IA – $52 million will go to 19 communities in Iowa, to pay for new housing that will replace properties destroyed in 2008 flooding.
It’s coming from the Iowa Economic Development Authority, and the list includes North Iowa communities as well.
In downtown Charles City, this vacant lot will turn into an affordable housing complex called the McQuillen Place.
The Thompson brothers from Charles City are leading the estimated 13 million dollar construction project.
Mark Wicks, Director with the Charles City Community Development, says the brothers will be receiving nearly three million dollars for the project from the state.
“Make sure these are affordable housing to replace that from the lost of the flood. Since 1993 we’ve lost a lot of river front housing and this is going to help replace a lot of it that’s been lost,” said Wicks.
Mason City is also on the list and will receive money from the Iowa Economic Development Authority.
More than 600,000 dollars will be used for the Willow Creek Townhouses.