Housing developers are decrying a proposed change in the Iowa Senate's property tax plan that would increase taxes on multi-residential properties in Iowa, warning the change leads to rent hikes. Landlords and developers aired concerns in a public hearing Tuesday, April 21, about a provision in the Senate bill, Senate File 2472, that would create a new tax class for apartments, nursing homes and assisted-living facilities. The measure seems to have met resistance among House lawmakers wary of inadvertently driving up housing prices and enacting a policy that may counter their goal of curbing Iowans' living costs. Tap the link in our bio for more on this story. #Iowa #IApolitics #IAlegis #propertytax