#Maytag newton iowa movie#

Designed in the Renaissance Revival style, the variegated brown brick upper core is framed and accentuated by a broad terra cotta entablature above, with the glazed ground floor storefronts also clad and detailed in custom terra cotta, and Art Nouveau influences in the clay and cast iron details. The developer worked closely with the city and state governments to preserve a historic landmark and benefit the region. Residents also benefit from an on-site exercise facility, and three homes are ADA accessible. Located on the town square, the residents have easy access to job opportunities, groceries, and public transportation.

#Maytag newton iowa movie#

It not only provides affordable and market-rate housing for the city, but the first floor also features 16,000 square feet of commercial space, providing residents and the town with dining and entertainment through a renovated movie theater, cafe, nail salon, and wine bar, and a 2,200 square foot ballroom with intricate architectural details that can be rented to the public. The property is key to the revitalization of Newton, IA. The 4 percent Low-Income Housing Tax Credit (Housing Credit) and Historic Tax Credit were used to finance the property, with syndication provided by WNC & Associates Inc. Through renovation, 110 hotel rooms were converted into 45 apartments, 36 of which are affordable to residents earning at or below 60 percent of area median income. Hotel Maytag Apartments, developed by Hatch Development Group, LLC, provides mixed-income housing in a vacant historic hotel, which was originally built in 1926 by the founder of Maytag Appliances and designed by architect Henry Raeder of Chicago. Edson Tax Credit Excellence Award in the Historic Preservation Category. Hotel Maytag Apartments in Newton, IA, won a 2020 Charles L.