A bill for an act relating to workforce housing project tax incentives issued by the economic development authority, and including effective date provisions.

Summary

The bill changes the way Iowa’s Economic Development Authority distributes workforce housing tax incentives, allowing it to grant them once a project is deemed complete and all requirements are met. It removes the prior first‑come, first‑served rule while keeping the overall cap on incentives unchanged. This aims to ensure that incentives go to finished projects that actually meet the program’s goals.

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