The Department of Housing and Urban Development (HUD) awarded the City of Iowa City a $384,280.57 Home Investment Partnerships Program (HOME) formula grant on September 6, 2024. The HOME program provides grants to state and local governments to fund a range of affordable housing activities, including rehabilitation of owner-occupied homes, homebuyer assistance, rental housing acquisition and construction, and tenant-based rental assistance. The City of Iowa City will use these HOME funds to...
The U.S. Department of Housing and Urban Development (HUD) awarded a $913,893.93 Home Investment Partnerships Program (CFDA 14.239) formula grant to the City of Des Moines on September 24, 2024. This grant funding will be used to finance a variety of affordable housing activities, including rehabilitation of owner-occupied housing, assistance to homebuyers, acquisition and rehabilitation or construction of rental housing, and tenant-based rental assistance. The city plans to reserve at least 15%...
The U.S. Department of Housing and Urban Development (HUD) awarded a $353,845.31 HOME Investment Partnerships Program (CFDA 14.239) formula grant to the City of Cedar Rapids, IA on September 6, 2024. The HOME Program provides grants to state and local governments to fund a range of affordable housing activities, including rehabilitation of owner-occupied homes, homebuyer assistance, rental housing acquisition/construction, and tenant-based rental aid. Cedar Rapids will use the funds to expand...
The Department of Housing and Urban Development (HUD) awarded the City of Ames a $256,483.13 HOME Investment Partnerships Program (CFDA 14.239) formula grant on December 19, 2024. This funding will be used to finance a range of affordable housing activities, including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental housing, and tenant-based rental assistance. The HOME program aims to expand the supply of affordable housing for low- and...
The Department of Housing and Urban Development (HUD) has awarded a $1,008,300 Formula Grant under the Housing Opportunities for Persons with AIDS (HOPWA) program to the Iowa Finance Authority, a state government entity. This three-year grant, effective from November 25, 2024 to November 24, 2027, will fund a comprehensive range of housing assistance and supportive services for low-income individuals and families living with HIV/AIDS in the state of Iowa. The key activities to be performed under...
The U.S. Department of Housing and Urban Development (HUD) awarded a $3,144,833.37 Housing Trust Fund (CFDA 14.275) formula grant to the Iowa Finance Authority on November 13, 2024. The grant is intended to expand and preserve the supply of affordable rental housing for extremely low-income and very low-income households. At least 80% of the funds must be used for rental housing activities, such as the acquisition, construction, and rehabilitation of affordable units. Up to 10% may be used for...
The City of Waterloo Community Development Division, a local government entity, was awarded a $462,772.55 HOME Investment Partnerships Program (CFDA 14.239) formula grant from the U.S. Department of Housing and Urban Development (HUD). This funding will support a range of affordable housing activities in Waterloo, Iowa, including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental housing, and tenant-based rental assistance. The grant aims to...
The Department of Housing and Urban Development (HUD) awarded a $4,987,264 Formula Grant under the Home Investment Partnerships Program (CFDA 14.239) to the Idaho Housing and Finance Association (IHFA) on August 27, 2024. The HOME program provides grants to state and local governments to fund affordable housing activities, including rehabilitation of owner-occupied housing, homebuyer assistance, rental housing construction/rehabilitation, and tenant-based rental assistance. IHFA, a...
The U.S. Department of Housing and Urban Development (HUD) awarded the City of Davenport a $394,288.46 HOME Investment Partnerships Program (CFDA 14.239) formula grant on September 6, 2024. The HOME program provides need-based grants to state and local governments to fund a variety of affordable housing activities, including rehabilitation of owner-occupied housing, homebuyer assistance, rental housing acquisition/construction, and tenant-based rental assistance. Participating jurisdictions like...
The U.S. Department of Housing and Urban Development (HUD), through its Public and Indian Housing Office, has awarded the City of Iowa City a $209,632 Public Housing Capital Fund (CFDA 14.872) formula grant. This grant will be used to fund the development, modernization, and financing of nearly 1 million public housing units across all 50 states and territories. The key activities to be performed include public housing construction, acquisition, rehabilitation, infrastructure improvements, and...