Table of Contents

Affordable Housing Programs

This case study examines how the Historic Rehabilitation Tax Credit and the Low-Income Housing Tax Credit were combined to finance several affordable housing projects in Clinton, Iowa. It highlights the work of Community Housing Initiatives (CHI), a statewide nonprofit housing developer, which has transformed spaces like department stores and YMCAs into affordable housing.

Historic Preservation

This case study tracks an affordable housing project in Clinton, Iowa that combined the Historic Rehabilitation Tax Credit and the Low-Income Housing Tax Credit. It shares how the project mixed residential and commercial uses and provides information related to the development schedule and financing. The developer was able to use the same rehabilitation model in additional properties.

Social Equity

This case study tracks an affordable housing project in Clinton, Iowa, that repurposed the historic Van Allen & Son Department Store. The project combined the Federal Historic Rehabilitation Tax Credit and the Low-Income Housing Tax Credit to make the project financially feasible.