Also, Linn County OK’s $500K to 11 public libraries
Cedar Rapids City Council OKs incentives for Garfield housing
The city of Cedar Rapids has approved financial incentives for the historic restoration of the former Garfield Elementary School.
The Cedar Rapids City Council last week authorized the incentives for Evolution, an entity of area developer Steve Emerson. Emerson intends to turn the former school building into a multifamily housing development.
Approved incentives include a 10-year, declining scale tax exemption for the increased value generated by the project through the city’s historic preservation and economic development program…