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HOUSING

Kansas City property group clears key hurdle with Carroll housing plan

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A 35-unit town-house complex, planned by a Kansas City area developer, would be constructed on land south of the Union Pacific Railroad lines and east of MidAmerican Energy and Auen Distributing in Carroll.

Carroll City Council members Monday approved initial steps — but with many to go — in a process for a Kansas City-area development group with a multi-state portfolio of housing to construct an $11-million, 35-unit town-house complex east of MidAmerican Energy and Auen Distributing and south of the Union Pacific Railroad lines in Carroll.

The developer, Overland Property Group, based in Overland Park, Kansas, a Kansas City suburb, will receive a letter of support from the City of Carroll for an application for government low-to-middle-income construction tax credits. The credits, which would come through the Iowa Finance Authority, would be on construction, and require certain rent boundaries on the one-story units. They would not go directly to tenants.

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