Metro Lofts

Type: New Construction
Role: Developer, General Partner, Manager
Building Space: 111 Total Units: (100 Affordable Units, 11 Market-Rate Units)

Project Value: $21 Million
Financing: HUD Insured 1st Mortgage, Federal Low Income Housing Tax Credits, IDED - EZ Tax Credits and Sales Tax Credits, IFA 1602 Funds, CIty of Des Moines, Other Sources
Location: Des Moines, IA
Year Completed

Overview / Details

Located in downtown Des Moines, Metro Lofts is a 4-story new construction development with 111 apartment units. The building offers an amenity package including a large community room, fully equipped exercise room, a computer learning center, underground parking, secure entry, and on-site leasing and management office.

The apartment units have modern, durable finishes. Residents enjoy central air conditioning, in-unit washers and dryers, high-speed internet connection, energy conserving fixtures, and an additional interior storage closet. Select units have walk-in closets, patios, or balconies.

With downtown Des Moines right outside its front door, Metro Lofts offers quality affordable housing in a convenient location.