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Paragon Square Urban Revitalization Designation (Holy Ghost School) Copyright 2014 City of Dubuque Action Items # 2. ITEM TITLE: Paragon Square Urban Revitalization Designation SUMMARY: City Manager recommending adoption of a resolution adopting the Paragon Square Urban Revitalization Area Plan for the Paragon Square Urban Revitalization Area and adoption of an Ordinance establishing the Paragon Square Urban Revitalization Area. RESOLUTION Approving the adoption of an Urban Revitalization Plan for the Paragon Square Urban Revitalization Area ORDINANCE Amending City of Dubuque Code of Ordinances Title 3, Revenue and Taxation, Chapter 2 Revitalization Areas, by adopting a new Section 12 Paragon Square, Establishing the Paragon Square Urban Revitalization Area, and establishing requirements for qualifying property owners SUGGESTED DISPOSITION: Suggested Disposition: Receive and File; Adopt Resolution(s) Receive and File; Motion B; Motion A ATTACHMENTS: Description Type Paragon Square Urban Revitalization Designation-MVM City Manager Memo Memo Staff Memo Staff Memo Resolution Resolutions Ordinance Ordinance Paragon Square Urban Revitalization Plan Supporting Documentation 2016 Low Income Housing Tax Credit Awards Supporting Documentation THE CITY OF Dubuque UBE I erica .i Masterpiece on the Mississippi 2007-2012-2013 TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Resolution Approving the Paragon Square Urban Revitalization Plan, Affordable Senior Housing Project of Frantz Community Investors and Adopting an Ordinance Designating the Paragon Square Urban Revitalization Area DATE: April 12, 2016 Housing and Community Development Department Director Alvin Nash recommends the City Council adopt a resolution to establish the Paragon Square Urban Revitalization Area and adopt an Ordinance establishing the Paragon Square Urban Revitalization Area. The Paragon Square Urban Revitalization Plan proposes the creation of 29 affordable senior housing apartments that include 3 efficiency units, 8 one-bedroom units and 18 two-bedroom units at Holy Ghost, 2887-2901 Central Avenue. I concur with the recommendation and respectfully request Mayor and City Council approval. �t Michael C. Van Milligen MCVM:jh Attachment cc: Barry Lindahl, City Attorney Cindy Steinhauser, Assistant City Manager Teri Goodmann, Assistant City Manager Alvin Nash, Housing & Community Development Department Director THE CITY OF Dubuque AII11-America CiI.ty UB E1 Masterpiece on the Mississippi 2007-2012-2013 TO: Michael Van Milligen, City Manager FROM: Alvin Nash, Housing & Community Development Director DATE: April 8, 2016 RE: Resolution Approving the Paragon Square Urban Revitalization Plan, Affordable Senior Housing Project of Frantz Community Investors and Adopting an Ordinance Designating the Paragon Square Urban Revitalization Area. Introduction This memorandum presents a review of the steps City Council has taken to establish the Paragon Square Urban Revitalization Area. The memorandum recommends the City Council adopt a resolution to establish the Paragon Square Urban Revitalization Area and adopt an Ordinance establishing the Paragon Square Urban Revitalization Area. Background Urban Revitalization Chapter 404 of the Iowa Code (Urban Revitalization Act) authorizes cities to designate areas as urban revitalization areas. Improvements to qualified real estate within these designated areas may receive a total or partial exemption from property taxes for a specified number of years. The exemptions are intended to stimulate private investment by reducing tax increases that usually accompany property improvements. This additional private investment provides a long-term increase or stabilization in the area's tax base, enhances the visibility of revitalization areas and supports important city objectives such as historic preservation, economic development and affordable housing development. In order to implement establish the Urban Revitalization Area, the City followed criteria and procedures for Chapter 404 of the Iowa Code. City Council adopted a resolution finding the designation of the Paragon Square Urban Revitalization Plan is necessary to encourage needed housing and residential development on November 16, 2015. In accordance with requirements under Chapter 404, the Paragon Square Urban Revitalization plan was developed and made available for public review prior to a public hearing. City code requires comment by the Long Range Planning Advisory Commission (LRPAC) on any urban revitalization plan. The LRPAC reviewed the plan at their February 17, 2016 meeting. City Council held the required public hearing on March 7t1, The affordable senior housing development plan proposes to create 29 affordable senior apartments that include 3 efficiency units, 8 one-bedroom units and 18 two- bedroom units. The project will restore both buildings on the proposed parcels to their original historic significance. The planned development site is located at 2887-2901 Central Avenue. The project will utilize multiple sources of funding including Low Income Housing Tax Credits, Federal Historic Tax Credits, State Historic Tax Credits, Workforce Housing Tax Credits, Developer Equity, Permanent First Mortgage, and Abatement Mortgage. Contingent upon an award of Low Income Housing Tax Credits, the City of Dubuque will contribute $65,000 in Downtown Rehabilitation Grants and Urban Housing Incentive funds, consistent with incentives provided to other downtown projects. The urban revitalization tax exemption provides local support for the project, which was awarded 2016 Low Income Housing Tax Credits from the Iowa Finance Authority on March 9, 2016. Discussion The City followed provisions and procedures of Chapter 404 for the preparation, public comment period, and required number of public hearings prior to making the recommendation to adopt the plan. The City did not receive a petition to hold a second public hearing on the Urban Revitalization Plan within the 30-day notice period following the initial public hearing. At this time, City Council may proceed with the adoption of the attached resolution approving the Plan and adopt the ordinance designating the area. Recommendation/Action Step I recommend that the City Council adopt the resolution approving the Urban Revitalization Plan for Paragon Square Urban Revitalization Area. I also recommend the City Council adopt the Ordinance establishing the Paragon Square Urban Revitalization Area. Prepared by: Erica Haugen, Community Development Specialist cc. Maurice Jones Laura Carstens 2 RESOLUTION NO. 158-16 APPROVING THE ADOPTION OF AN URBAN REVITALIZATION PLAN FOR THE PARAGON SQUARE URBAN REVITALIZATION AREA. Whereas, the City Council of the City of Dubuque (the City), Iowa on November 16, 2015, approved Resolution No. 402-15, a resolution of finding that the designation of the Paragon Square Urban Revitalization Plan is necessary to encourage needed housing and residential development providing safe, affordable housing for the residents of the City of Dubuque, Iowa and the property meets the criteria for Urban Revitalization as defined in Section 404.1(5) of the Iowa Code; and Whereas, on January 19, 2016 the City reviewed a proposed Urban Revitalization Plan (the Plan) for the Paragon Square Urban Revitalization Area, and scheduled, by Resolution No, 20-16, a public hearing to be held on March 7th, 2016 on the proposed adoption of the Plan; and Whereas, on February 17, 2016, the Long Range Planning Advisory Commission reviewed the plan and provided comment to City Council; and Whereas, the City ordered the Clerk to publish notice of a public hearing on the Plan to be held on March 7, 2016 on the proposed adoption of the Plan; and Whereas the City Clerk published the notice of public hearing on February 19, 2016; and Whereas owners of record were notified by ordinary mail at least thirty days prior to the public hearing; and Whereas, the City has held the required public hearing after the required thirty day review period, and has not received a valid petition requesting a second public hearing with in thirty days after the public hearing held on March 7, 2016; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. The Urban Revitalization Plan for 2887 Central Avenue — Lot 2 — I Paragon Square, Dubuque Iowa and 2901 Central Avenue — Lot 1 — I Paragon Square, Dubuque Iowa, according to the recorded plat thereof, known as the Paragon Square Urban Revitalization Area is hereby approved. Passed, approved and adopted this 18th day of April, 201 Attest: /. Kevin F. Firnstahl, City(Clerk Ric W. JgrS, Mayor ro-Tem ORDINANCE NO. 11-16 AMENDING CITY OF DUBUQUE CODE OF ORDINANCES TITLE 3, REVENUE AND TAXATION, CHAPTER 2 REVITALIZATION AREAS, BY ADOPTING A NEW SECTION 12 PARAGON SQUARE, ESTABLISHING THE PARAGON SQUARE URBAN REVITALIZATION AREA, AND ESTABLISHING REQURIEMENTS FOR QUALIFYING PROPERTY OWNERS NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. City of Dubuque Code of Ordinances Title 3, Chapter 2 is hereby amended by adding the following: 3-2-12: PARAGON SQUARE The area hereinafter described is hereby designated as the PARAGON SQUARE Urban Revitalization Area in accordance with the code of Iowa: 2887 Central Avenue — Lot 2 — I Paragon Square, Dubuque IA 2901 Central Avenue — Lot 1 — I Paragon Square Dubuque IA according to the recorded plat thereof. Section 2. The PARAGON SQUARE Urban Revitalization Plan as attached to this ordinance is hereby adopted and approved and the properties within said described area shall be subject to the provisions of said plan. Section 3. That the PARAGON SQUARE Urban Revitalization Plan shall hereafter be on file in the city clerk's office, City Hall, Dubuque, Iowa. Section 4. That the City Clerk is hereby authorized and directed to publish this Ordinance on or after April 18, 2016, provided that the City Clerk prior to that date has received no valid petition requesting a second public hearing, and in the event such petition has been received, then this Ordinance shall be null and void. Attest: Passed, approved and adopted this 18th day of April 201 KevFn7. Firnstahl, Crty Clerk Rid W. Jo ayor Pro- em Paragon Square Revitalization Plan For Designation April 18, 2016 Contents Introduction.........................................................................................................................................2 TheArea ...............................................................................................................................................3 Availabilityof Funding......................................................................................................................4 RevenueBonds ..................................................................................................................................5 Relocation............................................................................................................................................5 Qualificationof Areas.......................................................................................................................5 HistoricSignificance.........................................................................................................................6 BuildingConditions...........................................................................................................................6 RevitalizationProgram .....................................................................................................................6 ApplicationProcedure......................................................................................................................8 Conclusion...........................................................................................................................................9 [Type here] PARAGON SQUARE URBAN REVITALIZATION PLAN For Designation April 18, 2016 Introduction The following plan describes certain provisions of the Iowa Urban Revitalization Act and proposes the Paragon Square Revitalization area. The State of Iowa, under Iowa Code Chapter 404, allows cities to designate areas as urban revitalization districts. Under this Act, improvements to qualified areas may receive a total or partial exemption from property taxes for a specified number of years. The exemptions are intended to stimulate private investment through the reduction of tax increases related to property improvements. Once an area is deemed to meet the requirements established in Chapter 404, a plan must be established which identifies the district boundaries, property owners, existing conditions, proposed plans and the basic abatement provisions for the revitalization area. Iowa Code Chapter 404.1 lists five reasons for which a city or county may establish urban revitalization plans. These include: 1 . The existence of numerous buildings that are dilapidated or deteriorated; 2. The need for preservation and restoration of buildings due to their historic significance; 3. The area is appropriated as an economic development region as defined in Iowa Code 403.17; 4. The need for public improvements related to housing; 5. The encouragement of housing and residential development. The Paragon Square Urban Revitalization Plan will be based upon the predominance of buildings or improvements which by reason of age, history, architecture or significance should be preserved or restored to productive use as defined by Section 404.1(3). 2 [Type here] The Area Location The area included in the Paragon Square Urban Revitalization district is located at 2887 and 2901 Central Avenue in the City of Dubuque, Iowa, legally described as: Lot 1 of 1 and Lot 2 of 1 of Paragon Square, all in the City of Dubuque, Dubuque County, Iowa. A map of the area boundaries is attached as Exhibit A. Zoning The existing zoning is OR (Office Residential District). Exhibit B shows the existing zoning districts. 2887 Central Avenue was rezoned in 1994 and 2901 Central was rezoned on January 18, 2011 by Ordinance No. 4-11 . The Zoning Board of Adjustment approved a variance on December 16, 2010 to allow the former convent building at 2887 Central to be converted to ten residential units with a deficit of 5 off-street parking spaces (Docket 62- 10) and on an 8,490 square foot lot where 12,000 square feet of lot areas was required (Docket 63-10). The Zoning Board of Adjustment approved a special exception on February 24, 2011 to allow the former Holy Ghost Assisi School building at 2901 Central to be converted to 18 residential units on an 18,256 square foot lot where 21 ,600 square feet of lot area is required (Docket 10-11) and with a deficit of 4 off-street parking spaces(Docket 11-11). Existing and Proposed Land Use The Paragon Square Urban Revitalization District is comprised of two existing structures on two lots. Total acreage is .614 acres (26,746 square feet). 3 [Type here] 2887 Central contains the former Holy Ghost convent building, a three story masonry building which is currently vacant. 2901 Central contains the former Holy Ghost Assisi School building, a four- story masonry building, which is currently vacant. Both buildings are currently qualified for the National Register of Historic Places. The project proposes to create 29 apartments that include 3 efficiency units, 8 one-bedroom units and 18 two-bedroom units. The project will restore both of the buildings on the proposed parcels to their original historical significance. Exhibit C identifies the existing primary land use for the proposed district. Assessed Valuations and Owners of Records The existing assessed valuation of the real estate in the Revitalization District as of October 26, 2015 is $180,230. $96,740 is the Assessed Land Value, $83,490 is the Assessed Dwelling Value. The 2015 Net Assessed Value is based on a residential classification. City Services There are no current plans to expand or improve City services to this area. Currently the area enjoys the same level of City services as most other areas of the City. Availability of Funding Funding sources for the redevelopment will include Low Income Housing Tax Credits, Federal Historic Tax Credits, State Historic Tax Credits, Workforce Housing Tax Credits, developer equity, permanent first mortgage, and abatement mortgage. Contingent upon an award of Low Income Housing Tax Credits in 2016, the City will contribute $35,000 Downtown Rehabilitation Grants (fagade, design, financial consultant) and $30,000 Urban Housing Incentive. The designation of the Urban Revitalization Area will assist to make the project financially feasible. 4 [Type here] Revenue Bonds There are no plans to issue revenue bonds for revitalization projects in this area. Relocation No relocation is expected due to rehabilitation of the parcels identified for this district since the buildings are currently vacant. Should relocation occur as a result of rehabilitation in the proposed district, the person(s) causing a qualified tenant to be displaced shall pay all of the relocation costs of the tenant as a condition for receiving a tax-exemption under Iowa Code Section 404.3. "Qualified tenant" shall mean the legal occupant of a residential dwelling unit which is located within this designated revitalization area and who has occupied the same dwelling unit continuously since one year prior to the city's adoption of this plan pursuant to Iowa Code Section 404.2. Qualification of Areas The Paragon Square Urban Revitalization District Area is an area comprised of 2 parcels and two existing historic buildings. The buildings were formerly used for a school and convent on the Holy Ghost Catholic Parish campus at 29th and Central Avenue. The area is adjoined on the west and south by the Holy Ghost parking lot, on the north by the Holy Ghost rectory, church and existing school and on the east by Central Avenue. Historically, buildings associated with a church campus are difficult to adaptively reuse. These buildings typically sit vacant for long periods of time, due to the size and limitations for these large structures. The revitalization and reuse of these currently vacant buildings will prevent deterioration of the structures and the negative impact on the neighborhood that often results from blighted properties. 5 [Type here] Historic Significance The Paragon Square Urban Revitalization Area contains historic structures that are worthy of preservation. In an effort to stem the deterioration of these buildings, it's appropriate that this area be designated as an urban revitalization area. The plan seeks to preserve and renovate the area's existing buildings into functional residential housing units. The Holy Ghost Assisi School building (2901 Central) was initially constructed in 1896 as a combination school-church-convent building. The former Sisters Convent of Holy Ghost (2887 Central) was then built in 1903. When the Holy Ghost Catholic Church was completed in 1917, the original combination building was remodeled for use only as a school. The three story brick school building exhibits Romanesque Revival style features with some Gothic Revival elements. The convent building has some details reflective of the Romanesque and Gothic revival designs while including other general details of the late Victorian period. The convent reflects the brick architecture and details of the adjoining school, church and rectory buildings and contributes to the architectural significance of the overall historic district. The architectural styles and the use of red brick visually link the Holy Ghost buildings. Building Conditions The City Assessor's office has classified the condition of the buildings as very poor. The structures are in need of repair and rehabilitation to preserve their historic features and character. Revitalization Program Tax Exemption a) Property assessed as residential or multi-residential, or commercial property, if commercial property consists of three or more separate living quarters with at least seventy-five percent of the space used for residential purposes, is eligible to receive a one hundred percent exemption from 6 [Type here] taxation on the actual value added by the improvements. The exemption is for a period of ten years. The property tax exemption will be in accordance with the Code of Iowa, Chapter 404.3(4), providing for a ten- year, 100% exemption of the actual value added by the improvements. b) "Qualified real estate" means real property, other than land, which is located in a designated revitalization area and to which improvements have been added, during the time the area was so designated, which have increased the actual value by at least fifteen percent., or at least ten percent in the case of real property assessed as residential, or which have, in the case of land upon which is located more than one building and not assessed as residential property, increased the actual value of the buildings to which the improvements have been made by at least fifteen percent. "Qualified real estate" also means land upon which no structure existed at the start of the new construction, which is located in a designated revitalization area and upon which new construction has been added during the time the area was so designated. c) Property tax exemption shall be available only for 'improvements', which include rehabilitation and additions to the existing structures. "Actual value added by improvements" means the actual value added as of the first year for which the exemption was received. To qualify for exemption, improvements to qualified real estate must increase the value of the property by ten percent for real property assessed as residential property or fifteen percent for land upon which is located more than one building and not assessed as residential property, increase the actual value of the buildings to which the improvements have been made by at least fifteen percent. d) Any improvements that were assessed before the area was officially designated will not be eligible for exemption. Improvements begun prior to one year prior to the area becoming designated will not be eligible for exemption. e) Improvements must result in that structure meeting applicable building, plumbing, mechanical, electrical, and other code requirements of the City of Dubuque. f) The actual value of the improvements must result in an increase in [Type here] assessed value as stated above in (b). Each year an application is made for tax exemption, the assessed value must have increased in that year by the required percentage. g) The area shall become a Revitalization District commencing upon the adoption of the ordinance approving this Revitalization District by the City Council. The designation of the Paragon Square Urban Revitalization Plan Area will remain in effect until the desired level of revitalization has been attained, or for five (5) years, whichever occurs first. Upon repeal of the ordinance establishing this revitalization area, all existing exemptions would continue until their previously established expiration date. Application Procedure This area, upon designation, will follow the procedures for application and granting of the property tax exemption within the City of Dubuque. a) The property owner must apply for an exemption by February 1 sc of the assessment year for which the exemption is first claimed, but not later than the year in which all the improvements included in the project are first assessed for taxation, or the following two assessment years, in which case the exemption is allowed for the total number of years in the exemption schedule. Upon the request of the owner, the governing body of the City may provide by resolution that the owner may file an application no later than February 1 of the tenth assessment year. b) The application must contain, at a minimum, the following: a. The nature of the improvements, b. The cost of the improvements, c. The actual or estimated date of completion, and d. The tenants occupying the property as of the date of the City's resolution adopting this plan. c) The City reviews all applications to determine whether the improvement project conforms to the revitalization plan, is within a designated area, and if the improvements were made during the appropriate time period. If the project meets all three criteria, the City shall forward the application to the 8 [Type here] assessor by March 1 st, with a statement as to which exemption applies. Applications for exemptions for succeeding years on approved projects shall not be required. d) The local assessor shall review each application by making a physical review of the property, to determine if the improvements made increased the actual value of the qualified real estate by at least fifteen percent or ten percent in the case of real property assessed as residential property. If the assessor determines that the actual value of that real estate has increased by at least the requisite percent, the assessor shall certify the property valuation, determined pursuant to the tax exemption schedule, to the County Auditor at the time of transmitting the assessment rolls. The assessor shall notify the applicant of the determination, and the assessor's decision may be appealed to the local board of review at the time specified in Iowa Code. The property owner may also refile an application in a subsequent year after additional improvements have been made. e) After the tax exemption is granted, the assessor shall continue to grant the tax exemption, with periodic physical review by the assessor, for the ten- year time period specified in the tax exemption schedule. f) An application for exemption received by February 1 in any year after the year in which the improvement was completed and first assessed for taxation, is a late application. Late application may be made in any year up to the tenth year following completion of the improvement. The exemption period will be the remainder of the ten year period, which began upon completion of the improvement, except the total number of years in the exemption schedule will be allowed if a claim for exemption is filed within two years of the February 1 filing deadline. Conclusion The proposed urban revitalization district will assist the development of affordable housing for vulnerable populations by providing needed housing units for seniors in Dubuque. The project will assist the rehabilitation efforts of vacant or deteriorating properties by providing needed housing units and supporting reuse of existing structures for the citizens of Dubuque. After the ten-year abatement period lapses on these projects, the full assessed value 9 [Type here] of the rehabilitation property will go on the tax rolls to the benefit of the entire community. F:\USERS\CDBG\Urban Revite\Petitions for Districts\Paragon Square 2016\Paragon Square UR Plan.docx 10 Exhibit A: Location v 1013152013 X1013152021 1013152014 a � 1013156001 1013156002` . 0 RFy �� r to131sso1� 1�,9 '0-00022 II , . .` `9� f01315600d 101315M =:ml�dvCr-m [Type here] Exhibit Current Land Use Text SF AS, SF � 11,1\ 31 j. BF SF Pa \y1�.4SF �t \ \ SF V s i' 6 rka n : te r3F A IF S' Legend eF eF o. Current Land Use ` SF SingleFamily ' ■ Mullgle-Family F ■ InsGN6 wl t 'F OF sF Commercial � nSF Public Open Spa[FSF SF . AS Pam t 1 I7t TT' r rair F << �I IOWA FINANCE p.mH01I3r 2016 Low Income Housing Tax Credit Awards 9%AWARDS Project Project Name Address City County Occupant, Project type Number Low Market Total Set-Aside Credit Credit Developer Name Developer Development Dev. Number Type of Income Rate Units Requested Approved Phone Consultant Consultant Buildings UnitsUnits Name Phone 16-0] The Brickstones at Rivemend 513 Forest Dec Moines Polk Older New 1 27 3 30 Nonprofit $456,296 $456,296 Anawim 515-244-8308 N/A N/A Persons 55+ Construction 16-06 Corinthian Gardens 1011 University Avenue Dec Moines Polk Older Acq/Rehab 1 75 0 75 Nonprofit $748,246 $748,246 Corinthian Gardens,Inc.,Newbury 515-280-3531, The Rafferty 515314-9462 Persons 62+ Management Company d/b/a 5154909001 Group Newbury living 16-2] Steamboat Landing 420 S.4th Street Burlington Dec Moines Family Acq/Rehab 18 75 0 75 Preservation $683,152 $683,152 Millennia Housing Development, 216-520-1250 N/A N/A td. 16-02 Bluff Towers Aparmori 38 Pearl Street Council Bluffs Pottawattamie Older Acq/Rehab 1 70 0 70 Preservation $652,700 $652,I00Knud5on Development Company ]12-328-2222 Corbett 602525- Person562+ LLC Conulting,LLC 470516 03 16-03 Wildcat Meadow Springs 710 South Ankeny Blvd Ankeny Polk Older New 1 43 5 48 Senior $576,682 $575,940 MBL Development Company, 816-569-6420, Anawim,d.b.a. 515244-8308 Persons 55+ Construction Zimmerman Properties,LLC 412-883-1632 Anawim Housing 16-12 Coral Ridge Apartments 91520th Avenue Coralville Johnson Older New 1 50 6 56 Senior $800,000 $800,000 St.Michael Development Group, 320-202-3100 Anchor Housing 815540-4233 Persons 55+ Construction LLC Development, LLC 16-30 4th Avenue Lofts 2142384th Avenue N Clinton Clinton Family New 1 43 5 48 Rural $211,856 $206,021 MV Residential Development LLC, 513-024-8400, N/A N/A Construction St.Mary Development Corporation 932-222-8149 16-14 Harrison lofts 1216 Bandag Avenue Muscatine Muscatine Family New 1 52 0 52 Rural $262,292 $262,022 MV Residential Development LLC, 513-024-8400, N/A N/A Construction St.Mary Development Corporation 932-222-8149 16-24 Diamond Senior Apartments of 1030 William Street Iowa City Johnson Older New 1 36 4 40 $562,432 $562,4323 Diamond Development LLC 842-622-0206 Gghtengale 312920-1500 Iowa City Persons 55+ Construction Group 16-01 Applewood IV 3225 Penn sylvani a Avenue Dubuque Dubuque Older New 1 54 6 60 $625,005 $620,353 Horizon Development Group,Inc., 608-354-0900, N/A N/A Persons 55+ Construction Midwest Affordable Housing 414-588-2221 Corporm on 16-19 Paragon Square 2901 Central Avenue TuqUe Dubuque 101der Adaptive 2 24 3 22 $244,965 $244,930Frantz Community Investors 319-390-0113 Anawim 515224-8308 Per5on55b Reuse Housing 9%TOTAL 11 Projects 29 549 32 581 $6,879,II6 $6,862,142 As Is A16