Formula Grant M25SG190100
- The U.S. Department of Housing and Urban Development (HUD) awarded the Iowa Finance Authority a $7,873,693 Formula Grant under the Home Investment Partnerships Program (CFDA 14.239) on November 13, 2024. The grant funds will be used to finance a range of affordable housing activities, including rehabilitation of owner-occupied housing, assistance to homebuyers, and acquisition, rehabilitation, or construction of rental housing. The program also provides tenant-based rental assistance. As part of...
- The U.S. Department of Housing and Urban Development (HUD) awarded a $378,560.15 HOME Investment Partnerships Program (CFDA 14.239) formula grant to the City of Iowa City on September 22, 2025. 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 assistance. Since 1990, the HOME program has...
- The U.S. Department of Housing and Urban Development (HUD) has awarded a $3,134,373.20 Formula Grant under the Housing Trust Fund (CFDA 14.275) program to the Iowa Finance Authority, a state government entity. This grant, awarded on September 19, 2025, will support the production, preservation, and rehabilitation of affordable rental housing for extremely low-income and very low-income households in Iowa over a performance period ending on September 19, 2032. The Iowa Finance Authority, as the...
- The Department of Housing and Urban Development (HUD) awarded a $924,960.35 HOME Investment Partnerships Program (CFDA 14.239) formula grant to the City of Des Moines on December 5, 2025. This program provides need-based grants to state and local governments to fund affordable housing activities, including rehabilitation of owner-occupied housing, assistance to homebuyers, and construction/acquisition of rental housing. The grant will be used to finance a variety of affordable housing projects...
- The U.S. Department of Housing and Urban Development (HUD) awarded a $406,017.48 HOME Investment Partnerships Program (CFDA 14.239) Formula Grant to the City of Davenport, IA on September 19, 2025. This grant will fund a range 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 HOME program was established in 1990 to expand the...
- The Department of Housing and Urban Development (HUD) awarded a $324,920 Continuum of Care (CFDA 14.267) Program grant to the Institute For Community Alliances, a non-profit organization based in Des Moines, Iowa. This grant funding will support the organization's efforts to provide a comprehensive range of housing and support services to quickly rehouse homeless individuals and families in the local community, while minimizing the trauma and disruption associated with homelessness. Eligible...
- This is a Formula Grant awarded by the U.S. Department of Housing and Urban Development (HUD) under the Housing Opportunities for Persons with AIDS (HOPWA) program (CFDA 14.241). The grant provides $1,008,300 in funding for the period of November 25, 2024 to November 24, 2027 to the Iowa Finance Authority, a state government entity, to address the housing needs of low-income individuals with HIV/AIDS and their families in the Des Moines metropolitan area. The grant funds will be used to...
- The City of Cedar Rapids was awarded a $365,781.23 HOME Investment Partnerships Program (CFDA 14.239) Formula Grant from the U.S. Department of Housing and Urban Development (HUD) on September 23, 2025. This federal grant program provides formula-based funding to state and local governments to expand affordable housing opportunities for low- and very low-income Americans through activities such as rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of...
- The City of Ames, IA received a $256,483.13 Formula Grant award on December 19, 2024 under the HOME Investment Partnerships Program (CFDA 14.239), administered by the U.S. Department of Housing and Urban Development (HUD). This award provides funding to support a range 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 HOME program...
- The U.S. Department of Housing and Urban Development (HUD) Public and Indian Housing Office awarded a $211,251 Formula Grant to the City of Iowa City on May 13, 2025 through the Public Housing Capital Fund (CFDA 14.872) program. This grant provides financial assistance to approximately 2,770 Public Housing Agencies (PHAs) nationwide, including the City of Iowa City, to carry out capital and management activities for public housing. The primary activities to be performed under this grant...
The U.S. Department of Housing and Urban Development (HUD) has awarded a $7,943,775.20 HOME Investment Partnerships Program (CFDA 14.239) formula grant to the Iowa Finance Authority. This grant will support a range of affordable housing activities across the state of Iowa, including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental housing, and tenant-based rental assistance. As a state government entity, the Iowa Finance Authority strategically sub-awards portions of this federal grant funding to local partners such as the Institute for Community Alliances, Humility Homes and Services, and Domestic Violence Intervention Program, who deliver these critical housing and community development services to low-income and special needs populations. The grant has an award date of September 19, 2025 and a planned completion date of September 30, 2034.
Mod # | Description | ReasonForModification | Federal Obligation | Date |
|---|---|---|---|---|
| Not listed | $2.7k | 9/23/25 | ||
| Not listed | $18.1k | 9/23/25 | ||
| Not listed | $7.9m | 9/23/25 |