Note: this article appeared in "the Point," a weekly news letter distributed to employees of Alliant Energy and its subsidaries. |
A $745,000 investment by Heartland Properties, Inc. (HPI), a subsidiary of Alliant Energy Resources, has increased affordable living opportunities for senior citizens in Keokuk, Iowa. |
A ribbon-cutting ceremony was held on May 14 at Deer Meadow Apartments, 715 Cleveland Ave in Keokuk. Community and business leaders gathered to tour the brick, one-story development, which includes 24 one-bedroom apartment homes for adults age 62 and older. |
Each apartment features individually controlled heat and air conditioning, window blinds and a full-size kitchen and bath. The Lee County Health Department is providing on-site wellness clinics, financial counseling and crisis assistance. |
Kathy Asbury, key account manager - Energy Sales and Marketing, says Deer Meadow has had a positive impact in the community. "High-quality, affordable housing is at a premium in Keokuk. Deer Meadow Apartments is a clear illustration of Alliant Energy's commitment to investing in Iowa." |
Ruth Domack, president - Heartland Properties, agrees. "Through our innovative approach to financing and use of unique public/private partnerships, HPI invests in more than homes - we provide housing solutions for people and communities." |
Burns and Burns, L.C. of Iowa City, Iowa developed the $1.8 million apartment facility. The city of Keokuk, U.S. Department of Agriculture, Iowa Finance Authority and the Iowa Department of Economic Development provided additional financial support. |