Archives

September 13, 2010 - (RealEstateRama) -- State Housing Trust Fund grant supports Iowa Home Owner Education Project (IHOEP) Des Moines, Iowa – The Iowa Finance Authority (IFA) Board of Directors recently approved a $44,000 grant to the Iowa Home Ownership Education Project (IHOEP) to support homeownership education efforts across the state. The funding is made available through the State Housing Trust Fund’s Project-Based program. The program provides financing for the development of affordable homeownership opportunities.

DES MOINES, IA - September 1, 2010 - (RealEstateRama) -- Governor Chet Culver today announced awards of more than $181.6 million to build or rehabilitate 1,597 units of affordable housing. The awards were granted from the federal Low-Income Housing Tax Credit program (LIHTC) and Community Development Block Grant (CDBG) program.

WEST DES MOINES, IA - August 27, 2010 - (RealEstateRama) -- More than 10,000 Iowans are expected to seek federal assistance for their losses from the severe storms and flooding that began June 1, according to disaster recovery officials.

WASHINGTON, DC - August 11, 2010 - (RealEstateRama) -- Senator Chuck Grassley is urging the Department of Housing and Urban Development to do a better job of preventing lifetime convicted sex offenders from receiving federal housing benefits, as federal law requires. Grassley’s letter comes after an inspector general report determined that the federal government subsidizes housing for an estimated 2,094 to 3,046 lifetime registered sex offenders.

Des Moines, IA - August 4, 2010 - (RealEstateRama) -- The Iowa Finance Authority (IFA) Board of Directors today approved $62,000 in grants to support Habitat for Humanity projects in Clinton and Perry. The funding is made available through the State Housing Trust Fund’s Project-Based program. The program provides financing for the development of affordable single-family and multifamily housing units.

WASHINGTON, DC - July 28, 2010 - (RealEstateRama) -- Sen. Chuck Grassley, ranking member of the Committee on Finance, is urging the Treasury Department to set measurable goals and benchmarks for a housing assistance program that is failing to help struggling homeowners

SIOUX CITY, IA - July 22, 2010 - (RealEstateRama) -- The Sioux City Housing Authority (SCHA) is pleased to announce in collaboration with the Department of Veterans Affairs (VA) that the VA will be hosting an informational meeting and accepting applications for the HUD-Veterans Affairs Supportive Housing (HUD-VASH) Voucher Program on Friday, July 23, 2010, from 9:30 a.m. to 2:30 p.m. at the Mid-town Community Center at 525 14th Street.

DES MOINES, IA - July 16, 2010 - (RealEstateRama) -- First Lady Mari Culver today announced that a combination of state and federal programs designed to combat homelessness are helping thousands of Iowans achieve and maintain self-sufficiency. First, the Culver/Judge I-JOBS initiative includes three housing-related programs that provided $40 million to help agencies that provide services to the homeless and low-income Iowans. Second, the federal Homelessness Prevention and Rapid Re-Housing Program – called Iowa Rental Help in Iowa – has assisted more than 8,000 Iowans since October.

Des Moines, IA - July 8, 2010 - (RealEstateRama) -- The Iowa Finance Authority (IFA) Board of Directors recently approved $200,500 in grants to fives organizations to advance affordable housing opportunities in Ames, Indianola, Ogden, Williamsburg and Woodbine. The funding is made available through the State Housing Trust Fund’s Project-Based program. The program provides financing for the development of affordable single-family and multifamily housing units

July 8, 2010 - (RealEstateRama) -- Congressman Leonard Boswell will join Department of Housing and Urban Development Deputy Secretary Ron Sims and Des Moines Mayor Frank Cownie in highlighting how $4.3 million in Recovery Act Tax Credit Assistance Program funds are building 300 units of quality, affordable housing at the Homes of Oakridge housing development.

DES MOINES, IA - June 14, 2010 - (RealEstateRama) -- Governor Chet Culver today announced that projects in Creston, Altoona and Dubuque will share an award of more than $2.6 million in federal Low-Income Housing Tax Credits to create 135 units of affordable housing. Likewise, a 55-unit housing development in West Des Moines will receive $3,084,299 in Section 1602 funds. A part of the federal American Recovery and Reinvestment Act, the Section 1602 program allows affordable housing developers to exchange some of their original tax credit allocation for cash to finance the construction of their project. The Iowa Finance Authority (IFA) administers both the Low-Income Housing Tax Credit Program and the 1602 Program.

DES MOINES, IA - May 13, 2010 - (RealEstateRama) -- Governor Chet Culver today announced $29 million in housing fund awards to 47 recipients through Community Development Block Grants (CDBG) and the HOME Investment Partnership Program (HOME). Also announced were an additional nine awards that received funding as a part of the $516.7 million in Community Development Block Grant (CDBG) Disaster Recovery Funds announced in October 2009. The Iowa Department of Economic Development received the CDBG allocations from the U.S. Department of Housing and Urban Development.

Low-Income Housing Tax Credits benefit Iowans in communities large and small DES MOINES, IA - May 13, 2010 - (RealEstateRama) -- Nine projects in eastern, western and central Iowa will receive approximately $5 million in federal housing tax credits to build or rehabilitate 312 units of affordable housing, Governor Chet Culver announced today.

Grants support affordable housing in Akron, Cedar Rapids, Holstein and Woodbine. DES MOINES, IA - May 12, 2010 - (RealEstateRama) -- The Culver/Judge administration’s I-JOBS initiative continues to make an impact across Iowa, as Governor Chet Culver announced today that $2.6 million in I-JOBS affordable housing assistance funds have been allocated to five projects. The awards mark the final allocations of the $20 million available through the I-JOBS Affordable Housing Program, administered by the Iowa Finance Authority.

Washington, DC - April 28, 2010 - (RealEstateRama) -- Today, Congressman Leonard Boswell supported and the House passed H.R. 5017, the Rural Housing Preservation and Stabilization Act, to ensure that families in rural Iowa communities continue to have access to affordable mortgages through the Department of Agriculture’s loan guarantee program.