WUPM News

Ironwood City Projects

Applications for Congressional Discretionary Spending awards related to three ongoing city projects were approved by Ironwood City Commission members this week. Paul Anderson, the city manager, provided a summary of the planned projects:that includes The Affordable Housing Project by Wells Fargo.According to Anderson in a related agenda report, “the city of Ironwood has been in talks with a developer for multiple years to create 50 units of affordable housing at the old Wells Fargo site held by the city of Ironwood in downtown Ironwood.”The developer now has a funding deficit of $2.5 million.In addition, Anderson pointed out that the city would have to apply for a $10 million low-income housing tax credit through the Michigan State Housing Development Authority, or MSHDA, in order for the project to be successful.

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