Submitted by email@example.com
on Fri, 02/07/2014 - 9:15am
City officials estimate that Storm Lake is 400 to 500 housing units short to fill a growing need for its largely blue-collar workforce. The city has had good fortune in attracting developers who use federal tax credits to develop apartment buildings for low-income renters. One such project is going up and another is about to. We are resigned to that reality even though we do not like tax-subsidized projects that can end up as mini-ghettos owned by foreign corporations.