construction loan

A Simple Overview Of Wise Construction Loan Programs

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CEDAR FALLS Construction activity in Waterloo-Cedar Falls has been balanced across all areas, and the area is headed for another solid year, locals officials said. Were making strides with development and redevelopment in every sector of the city, said Waterloo Mayor Quentin Hart. Thats a positive sign. Waterloo enjoyed its second-best construction year in history when it racked up $127.5 million in building projects during the fiscal year ending last June 30, while housing starts also hit an all-time high. Cedar Falls Building official Craig Witry said his city tallied $151 million in new construction during the 2015-16 fiscal year. Last year was a huge record, Witry said. A good year for Cedar Falls is $100 million. Midway through the current fiscal year, Cedar Falls has $55 million in construction underway, with more projects in the wings. So the pipeline looks good for the second half of the year, Witry said. Weve got a lot of projects in play right now. Its good. Im happy. Major Cedar Falls commercial projects include Western Home Communities continued construction on the next phases of a $42 million wellness and community center with independent living and skilled nursing cottages on 16 acres west of Prairie Parkway and north of the Cedar Falls Wal-Mart. From July 1 through Dec.