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Iowa Finance Authority: Merle Hay Plaza and Apartments Wins Iowa Housing Innovation Competition, Bringing Affordable Senior Housing to Underutilized Mall Space
September 11, 2026
DES MOINES, Iowa, Sept. 11 -- The Iowa Finance Authority issued the following news on Sept. 10, 2026:

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Merle Hay Plaza and Apartments Wins Iowa Housing Innovation Competition, Bringing Affordable Senior Housing to Underutilized Mall Space

DES MOINES - The Iowa Finance Authority (IFA) today announced Merle Hay Plaza and Apartments, proposed by Gratus Development, as the winner of the 2026 Federal Housing Tax Credit Innovation Set-Aside Competition. The . . .

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