A state housing agency that's been reviewing its decision to lease new office space is moving ahead with the relocation plans
DES MOINES, Iowa (AP) — A state housing agency that’s been reviewing its decision to lease new office space is moving ahead with the relocation plans.
The Iowa Finance Authority says its board of directors agreed Tuesday to reaffirm the move after receiving a new external review of expected costs. The agency says the review shows the move would be the most cost-effective option in year 10 when compared to choices like staying in the current location.
The board plans to spend $17 million to lease the new space in Des Moines.
The Iowa Executive Council approved the move earlier this year but it received new attention after the agency’s former director, Dave Jamison, was fired in late March over allegations of sexual harassment. It was later discovered the five-member council wasn’t told renovating the existing space could save money.
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The board says it has completed due diligence. The agency plans to be in the new office space by the end of 2018.