IOWA INN

IOWA INN. In May, 1997 the City Council voted to loan the Iowa Housing Corporation, a Des Moines non-profit, $245,00 to purchase the Iowa Inn. At the time, the plan was to renovate it and convert it into permanent low and moderate income housing. Because federal money was to be used, the thirteen residents each received relocation assistance: (1)

       1. $250 to cover moving expenses
       2. the difference between the current monthly rent at the Inn, $140, 
          and the rent for the new room including utilities for 42 months
       3. money to cover all costs associated with moving such as down
          payment and utilities

On November 17, 1997 the Dubuque City Council passed two resolutions designed to assist Stout Place Apartments, a partnership of the Iowa Housing Corporation and engineer John Hart. The plan was to demolish the Iowa Inn, renovate the 102-year-old YMCA building and create twenty-four one-bedroom apartments for low and moderate-income tenants. The partnership also planned a three-story addition with two one-bedroom and six two-bedroom apartments to the north side of the YMCA building. The project was estimated to cost $3.9 million. (2)

By including the project in the Downtown Urban Renewal District, the council made the work eligible for a $300,000 loan from the city's downtown rehabilitation program. Work was to begin in the spring of 1998. (3)

---

Source:

1. McDermott, Brad. "Iowa Inn Residents Receive Eviction Notices," Telegraph Herald, December 23, 1997, p. 1A

2. McDermott, Brad. "City Clears Way for Low-Income Housing," Telegraph Herald, November 18, 1997, p. 1A

3. Ibid.

The 1972 through 1993 Dubuque City Directory listed 125 W. 9th St.