Spencer, IA (KICD)–The CHI workforce apartment project was discussed at last night’s Spencer Progress and Development Committee meeting.
SMU General Manager Steve Pick tells KICD News that working with Community Housing Initiatives makes a lot of sense in building an apartment complex, as opposed to the private sector.
City Manager Bob Fagen says that now is the ideal time to pounce on putting in an application to the state.
The proposed 30-unit apartment complex would help somewhat with the region’s housing stock shortage. Current projections call for 1,200 new jobs in the Iowa Lakes Corridor region over the next two years.
The apartments would be located to the east the proposed Holiday Inn Express project which is east of Menards and just south of the Americinn.