Housing

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Nonprofit group wants to convert downtown hotel into housing for low-income adults

A decades-old hotel that overlooks downtown Des Moines could be converted to rental housing for low-income adults, city documents show.

The Des Moines City Council at its meeting today is scheduled to vote on providing …
By Business Record Staff | Mar 24, 2025
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Newly built houses make up larger share of Des Moines-area home sales but take longer to sell

Newly built homes made up 24% of homes sold in the Greater Des Moines area in 2024, a percentage that has increased each year since 2019, data from Multiple Listing Service shows. The chart above…
By Kathy A. Bolten | Mar 13, 2025
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Des Moines Heritage Trust to host first historic preservation awards dinner

The Des Moines Heritage Trust, a nonprofit dedicated to preserving historic buildings in the Des Moines metro area, will hold its first historic preservation awards dinner at 5 p.m. on May 15 at the Des …
By Business Record Staff | Mar 12, 2025
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Iowa Finance Authority awards grants to Boone, Knoxville Habitat for Humanity affiliates

The Iowa Finance Authority board of directors has awarded $100,000 in State Housing Trust Fund grants to Habitat for Humanity affiliates to support the construction of homes in Boone and Knoxville. The award is funded …
By Business Record Staff | Mar 7, 2025
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Participants of inaugural Iowa Supportive Housing Institute announced

The Iowa Finance Authority and national housing support organization Corporation for Supportive Housing (CSH), have announced that seven teams, including one in Des Moines, will participate in Iowa’s inaugural Iowa Supportive Housing Institute. The institute is a …
By Business Record Staff | Jan 31, 2025
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Des Moines rental development receives $3.62 million state grant

A Des Moines rental development has received grant funding from the Iowa Finance Authority (IFA) to aid in housing development and supportive services for people experiencing homelessness or who are at risk of becoming homeless.

Hatch …
By Business Record Staff | Jan 14, 2025
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$10 million in assistance proposed for downtown Des Moines project

Business Record file photo.

The proposed project to renovate the Financial Center would receive up to $10 million in financial assistance from the city of Des Moines under a proposal scheduled to be voted on …
By Business Record Staff | Jan 6, 2025
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What’s the housing outlook in 2025?

Homebuyers and sellers and others associated with the residential sector have found the housing market challenging the past two years.

Mortgage rates are more than double what they were two years ago. Costs to build …
By Kathy A. Bolten | Dec 20, 2024
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Des Moines to develop first comprehensive housing strategy

The city of Des Moines has announced it is developing its first Citywide Housing Strategy in a step to address housing challenges. Partnering with CZB LLC, a national housing and planning consultancy, and a 17-member …
By Business Record Staff | Dec 18, 2024
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Hubbell opens Edencrest senior living facility in Pleasant Hill

Hubbell Realty Co. has completed Edencrest at Pleasant Hill, its ninth senior living community in the Des Moines area.

The $17 million development has 70 studio, one-bedroom and two-bedroom apartment homes, 44 of which are …
By Business Record Staff | Dec 16, 2024
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