Iowa Record
Cedar Rapids
ApprovedOther

OFB LLC Townhome Redevelopment

Description

15-year, 100% tax rebate (~$160,000) for a $969,000 four-unit townhome project with rents below 80% AMI, plus the rezone adopted the same night.

Impact summary

Dilapidated structures will be demolished and replaced with workforce-rate townhomes by spring 2028.

Applicant

Name
OFB LLC (entity of Tyler Oswood)
Address
1756 Mallory Street SWSee this on the map

At a glance

Hearings
1
Public comments
0
Total mentions
1

Last vote · City Council

Approved10–0, unanimous

Discussed at 1 meeting in the last 60 days; most recently Sep 22, 2026.

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