Formula Grant F25SG190100
- Federal Formula Grant Award Summary The U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development awarded $7.94 million through the Home Investment Partnerships Program (CFDA 14.239) to the Iowa Finance Authority on September 19, 2025, with a completion date of September 30, 2034. This formula grant supports the expansion of affordable housing for low- and very low-income Iowans through a range of housing activities including rehabilitation...
- The City of Iowa City received a HOME Investment Partnerships Program (CFDA 14.239) formula grant award of $378,560.15 from the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development on September 22, 2025. This award supports the expansion of affordable housing supply for low- and very low-income residents through a range of eligible housing activities, including rehabilitation of owner-occupied housing, homebuyer assistance programs,...
- The Indiana Housing and Community Development Authority (IHCDA) received a formula grant award of $3.3 million from the U.S. Department of Housing and Urban Development (HUD), Assistant Secretary for Community Planning and Development, under the Housing Trust Fund program (CFDA 14.275). The award, made on September 18, 2025, with a completion date of September 18, 2032, funds the expansion and preservation of affordable rental housing targeting extremely low-income and very low-income households...
- Housing Trust Fund Award Summary The Idaho Housing and Finance Association (IHFA) received a $3.0 million Housing Trust Fund (CFDA 14.275) formula grant award from the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development, effective September 23, 2025, through September 23, 2032. Under this award, IHFA will provide affordable rental housing assistance to extremely low-income and very low-income households in Idaho, with a primary focus on...
- Federal Grant Award Summary The Iowa Finance Authority received a $1,030,354 Housing Opportunities for Persons with AIDS (HOPWA) Formula Grant from the Department of Housing and Urban Development (HUD), Assistant Secretary for Community Planning and Development (CFDA 14.241), awarded September 19, 2025, with a performance period through September 18, 2028. As Iowa's state-level HOPWA grantee, the Iowa Finance Authority distributes federal funding to address housing and supportive service needs...
- Federal Grant Award Summary The Department of Housing and Urban Development (HUD), through its Assistant Secretary for Community Planning and Development, awarded the Illinois Housing Development Authority (IHDA) $6.65 million in Housing Trust Fund (CFDA 14.275) formula grant funding on January 28, 2026. The award will support affordable rental housing activities through January 28, 2033. Under this grant, IHDA will expand and preserve the supply of affordable rental housing for extremely...
- The City of Iowa City received a $211,251 formula grant award from the U.S. Department of Housing and Urban Development's (HUD) Public and Indian Housing Office under the Public Housing Capital Fund (CFDA 14.872) program, effective May 13, 2025, through May 12, 2029. This funding supports capital and management activities for the city's public housing inventory, with eligible uses including modernization of existing public housing units, development of additional public housing inventory through...
- The Department of Housing and Urban Development (HUD), through the Assistant Secretary for Community Planning and Development, awarded the West Virginia Housing Development Fund a formula grant of $3.13 million under the Housing Trust Fund program (CFDA 14.275) on September 25, 2025. This award supports the production, preservation, and rehabilitation of rental housing for extremely low-income and very low-income households throughout West Virginia. The grant period extends through September 25,...
- Rhode Island Housing received a $3,001,259.36 formula grant award from the Department of Housing and Urban Development (HUD) under the Housing Trust Fund program (CFDA 14.275), effective February 9, 2026, through February 9, 2033. The grant funds the production, preservation, and rehabilitation of affordable rental housing for extremely low-income and very low-income households in Rhode Island. At minimum, 80 percent of the award ($2,401,007.49) must support rental housing activities, with the...
- The Maine State Housing Authority received a $3.13 million formula grant award from the U.S. Department of Housing and Urban Development (HUD), Assistant Secretary for Community Planning and Development, under the Housing Trust Fund program (CFDA 14.275), effective September 23, 2025, through September 23, 2032. This award supports the production, preservation, and rehabilitation of rental housing targeting extremely low-income and very low-income households in Maine, with a required minimum...
The U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development awarded Iowa Finance Authority $3.13 million through the Housing Trust Fund (CFDA 14.275) formula grant program on September 19, 2025, with a completion date of September 19, 2032. This funding supports the production, preservation, and rehabilitation of rental housing targeted to extremely low-income households in Iowa, with a minimum of 80 percent of awarded funds directed toward rental housing activities. Iowa Finance Authority, functioning as the state's primary conduit for HUD formula grants, allocates these resources to local partners including the Institute for Community Alliances, Humility Homes and Services, the Domestic Violence Intervention Program, and the Salvation Army to deliver affordable rental housing solutions across the state. Under the program requirements, Iowa Finance Authority must commit all funds to projects within 24 months and expend them within five years, with annual Housing Trust Fund allocation plans due to HUD no later than August 16, 2026. The program permits up to 30 percent of grant funds to support operational costs of rental housing acquired or rehabilitated through the award, while up to 10 percent may be allocated for homeownership assistance and administrative planning expenses. Through this investment, the state agency expands the affordable housing supply for Iowa's most vulnerable populations while maintaining compliance with applicable HUD regulations under 24 CFR Parts 91 and 93.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $2.8m | 9/22/25 | ||
| Not listed | $5.4k | 9/22/25 | ||
| Not listed | $53.1k | 9/22/25 | ||
| Not listed | $20.8k | 9/22/25 | ||
| Not listed | $155.6k | 9/22/25 |