Urbandale City Council submits thriving community application to Iowa Finance Authority

In a recent Urbandale City Council meeting, officials discussed a significant application to the Iowa Finance Authority (IFA) aimed at securing a "thriving community" designation. This designation could provide developers with crucial advantages when applying for funding through various housing programs, potentially enhancing Urbandale's housing landscape.

The city has invested approximately $6 million over the past three fiscal years in housing initiatives, demonstrating a strong commitment to addressing community needs. This financial backing includes support for projects like the redevelopment of the old Econo Lodge site and partnerships with local housing trusts.

The application process involves showcasing Urbandale's strategic planning efforts, particularly through its 2023 comprehensive plan and the 2025 downtown plan, which emphasize housing development. Specific targeted locations for potential projects have been identified, including areas along Douglas Avenue and the Kading property in the downtown planning area.

City officials highlighted the importance of collaboration with local organizations, such as the Urbandale Police Department and community service groups, to illustrate a commitment to diverse housing options. They also noted the role of local businesses in supporting housing initiatives, which is crucial for workforce attraction and retention.

The council approved a resolution designating the Mayor as the official contact for the application and the assistant city manager as the primary staff contact. The application is set to be submitted by the May 12 deadline, with preliminary decisions expected in the summer and final outcomes announced in the fall. If successful, the additional points earned could significantly benefit future housing projects in Urbandale, aligning with broader community goals for growth and development.