FOUR NEW HOMES WILL BE BUILT ON THE SITE OF THE FORMER LOWELL ELEMENTARY SCHOOL.

IT'S THE SECOND PHASE OF THE MOOS MEADOWS PROJECT AT 27TH AND CHAMBERS STREETS ON THE CITY'S NORTHSIDE.

CITY NEIGHBORHOOD SERVICES SUPERVISOR PAUL BARNES SAYS THE HOMES WILL COST LESS THAN 150-THOUSAND DOLLARS APIECE:

QUALIFYING HOME BUYERS RECEIVE A THREE YEAR PROPERTY TAX EXEMPTION WHEN THEY PURCHASE ONE OF THE HOMES.

CODY BOWLES AND HER HUSBAND JOHN BOUGHT ONE OF THE FIVE HOMES IN THE RECENTLY COMPLETED FIRST PHASE OF THE DEVELOPMENT:

THE CURRENT ANNUAL INCOME LIMIT FOR A FAMILY OF FOUR TO QUALIFY IS $71,500 OR LESS.

THE PROJECT IS FUNDED WITH NEIGHBORHOOD STABILIZATION PROGRAM MONEY AWARDED THROUGH THE IOWA ECONOMIC DEVLOPMENT AUTHORITY.