Des Moines, Iowa, seeks to balance market-rate and low-income housing

City leaders in Des Moines, Iowa, are struggling to find the right mix of market-rate and income-restricted housing as development continues downtown. Some developers rely on the tax credits they can get by including income-restricted units. However, young professionals say there is no housing in their income range, and the mayor fears that an abundance of income-restricted units will drive away high-end retailers. "It seems like it works against our goal of having that mixed-assortment housing in downtown and all kinds of folks living together down here," said Mayor Frank Cownie.

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Des Moines Register (Iowa) (tiered subscription model), The

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