Forty-nine Iowa counties to benefit from homeless services assistance

 

 

DES MOINES – The Iowa Finance Authority Board of Directors today announced grant awards of $730,680 to 16 homeless and domestic vi...

32 Iowa Loan Officers and Real Estate Agents Receive Preferred Partner Designation

 

 

 

(DES MOINES) – The Iowa Finance Authority (IFA) today announced that a total of 32 loan officers and real ...

State Revolving Fund Assists Communities with Water Quality Projects

 

 

Des Moines – Twenty-three Iowa communities will move water quality projects forward with the support of a combined total of more t...

Iowa lenders recognized for outstanding efforts in advancing homeownership

 

DES MOINES – The Iowa Finance Authority today recognized the top Iowa lenders from throughout the state for their efforts in advancing...

Affordable Housing Projects to Move Forward in Clinton, Des Moines, Dubuque, Johnson, Muscatine, Polk and Pottawattamie Counties  

DES MOINES – The Iowa Finance Authority (IFA) Board of Directors today awarded feder...

Free Education Series to Offer Beginning Farmer Resources



DES MOINES– Iowans have an opportunity to learn about beginning farmer programs available to them at a series of upcoming free workshops. The education sessions will incl...

State Revolving Fund Assists Cities with Moving Water Quality Projects Forward

 

Des Moines - Fifteen Iowa cities will benefit from a combined total of more than $9.1 million in low-cost water quality loans through the State Revolving Fund. State Revolving Fund Construction Loans are a low-cost construction financing option available for Iowa cities and municipalities for water quality initiatives. Planning & Design Loans are zero percent loans that assist with the first-phase of project expenses. The Iowa Finance Authority and the Iowa Department of Natural Resources jointly administer the State Revolving Fund in Iowa.

"The State Revolving Fund provided low-cost financing for water quality infrastructure improvements benefiting one million Iowans in last fiscal year alone." said Iowa Finance Authority Executive Director Dave Jamison. "The fifteen Iowa cities that most recently received low-cost financing join more than 500 other Iowa cities in recognizing the State Revolving Fund as their best choice for financing of their water quality initiatives."

"Quality water is fundamental to protecting Iowans' health as well as Iowa's natural resources," said Iowa Department of Natural Resources Director Chuck Gipp. "The State Revolving Fund is an important resource for Iowa communities as they face a wide-array of water quality improvement needs."

The State Revolving Fund has awarded Iowa communities and municipalities more than $2.5 billion in Construction Loans and $130 million through Planning & Design Loans since the program's inception.

The U.S. Environmental Protection Agency provides annual capitalization grants to states. Leveraged bonds and loan repayments expand the reach of the federal investment. More than $3.00 in assistance has been leveraged for Iowa water quality projects for every $1.00 of federal funds.

More information is available at IowaSRF.com.

The Iowa Legislature created The Iowa Finance Authority in 1975 to undertake programs to assist in the attainment of low- and moderate-income Iowans. IFA also administers the State Revolving Fund (SRF) in partnership with the Iowa Department of Natural Resources. The SRF assists communities with the costs of upgrading or constructing local wastewater and drinking water infrastructure projects.

 

Recent Loan Recipients:

 

Loan Recipient

County

Amount

Project Type

Contact

Newhall

Benton

$2,671,000

Sewer Treatment Improvements

Keri Touro: 319-223-5709

Aplington

Butler

$1,020,000

Drinking Water Storage

Deb Prier: 319-347-2425

Granger

Dallas, Polk

$406,000

Storm Water Runoff, Stream Restoration, Sponsored Project

Kristy Trzeciak: 515-999-2210

Ryan

Delaware

$282,000

Drinking Water Well

Natalie Tucker: 563-932-2051

Wahpeton

Dickinson

$107,500

Drinking Water - Planning & Design

Bonnie Roberts: 712-337-3522

Dike

Grundy

$200,000

Sewer - Planning & Design

Patti Freese: 319-989-2291

Little Sioux

Harrison

$102,000

Drinking Water Treatment Improvements

DeEtte West: 712-649-2211

Spragueville

Jackson

$250,000

Sewer Treatment Improvements

Elizabeth Portz: 563-689-6162

Letts

Louisa

$600,000

Sewer Infiltration & Inflow Corrections

Karen Koope: 319-726-3251

Winterset

Madison

$1,400,000

Sewer Treatment Improvements

Mark Nitchals: 515-462-1422

Osage

Mitchell

$96,500

Sewer - Planning & Design

Cathy Penney: 641-732-3709

Harris

Osceola

$192,000

Sewer - Planning & Design

Holly Wilson: 712-832-0094

Underwood

Pottawattamie

$313,000

Sewer Lift Station & Force Main

Jill Willard: 712-566-2373

Tama

Tama

$1,037,000

Sewer Infiltration & Inflow Corrections

Judy Welch: 641-484-3822

Blakesburg

Wapello

$450,000

Sewer Infiltration & Inflow Corrections

Roberta Leffler: 641-938-2413



$9,127,000

State Program Offers $5,000 Down Payment Grants to Service Members and Veterans

 

Des Moines - Governor Branstad and Lt. Governor Reynolds joined state officials today to announce that the Military Homeownership Assistance program has assisted nearly 3,400 military service members and veterans purchase a home in Iowa. The program is jointly administered by the Iowa Finance Authority and the Iowa Department of Veterans Affairs and funding is appropriated by the Iowa Legislature.

The Military Homeownership Assistance Program provides eligible service members with a $5,000 grant that may be used towards down payment and closing costs to purchase a home located in Iowa.

"More than 800 veterans have already been matched with jobs in our state through the Home Base Iowa initiative, with the opportunity for us to welcome thousands more. A key component in the transition to civilian life for these veterans is making their own permanent home right here in Iowa and this program will help them to achieve that goal," said Governor Branstad.

"Our efforts to match veterans and their spouses with quality careers in Iowa are working. With the Iowa Finance Authority's work to assist veterans in making a down payment on a home, we believe even more veterans will make our great state their home base," said Lt. Governor Reynolds.

When combined with the Iowa Finance Authority's other down payment assistance programs, eligible service members could receive a total of up to $7,500 in grant funds toward the purchase of a home. In fiscal year 2014, the program assisted 423 military service members and their families to fulfill their dream of homeownership.

"Upon my return from tours in Iraq and Afghanistan, my wife and I started looking for a house in Osceola, where I now serve as a reserve Sheriff's Deputy and volunteer firefighter," said tenured military veteran Sergeant Byron Jimmerson. "We were excited to discover that we qualified for IFA's Military Homeownership Assistance Grant Program to help with the down payment. The grant helped ease the financial cost of owning a home, especially with the anticipated expenses of starting a family."

"The Military Homeownership Assistance Program was created by the Iowa Legislature in an effort to foster affordable homeownership opportunities for service members," said Iowa Finance Authority Executive Director Dave Jamison. "Down payment assistance is a valuable resource and it affords service members and veterans an avenue to conduct civilian life in a permanent, stable home in Iowa."

 

"The Iowa Department of Veterans Affairs' mission is to assist veterans with obtaining services and benefits that they are entitled to.  We are also concerned about the successful reintegration of veterans into civilian life and the community," said Colonel Robert King, Executive Director, Iowa Department of Veterans Affairs. "The Military Homeownership Assistance Program is an excellent program that directly impacts qualified veterans' ability to purchase a home. We are extremely pleased with the response of veterans requesting this program."

The Military Homeownership Assistance Program has provided more than $15.4 million in funding to support approximately 3,400 military service members and their families since the program's inception in 2005. Availability of funding for this program is subject to annual state appropriation and funds are made available on a first-come, first-served basis. More information about the program is available at IowaFinanceAuthority.gov.

The Iowa Legislature created the Iowa Finance Authority in 1975 to undertake programs to assist in the attainment of housing for low-and moderate-income Iowans.

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When a House Becomes a Home contest held in conjunction with national homeownership month

 

DES MOINES - The Iowa Finance Authority and the Iowa Association of Realtors® announced today that they are challenging Iowans to share their homeownership success stories for a chance to win a $5,000 gift card.  The challenge comes as a part of a new contest called "When a House becomes a Home". Entries will be accepted throughout the month of June in conjunction with national homeownership month.

To participate, Iowans need to submit a story of how their lives have been positively impacted by homeownership in 140 words or less.  An accompanying photo or 30 second video to support the entry is encouraged. Fun, touching or entertaining homeownership stories can be submitted at: IowaFinanceAuthority.gov/Contest through June 30.

Submissions will be scored by a panel of judges and the top 10 submissions will be posted to Facebook for voting by the public from July 7-11 at Facebook.com/IowaFinance. The entry with the most votes will receive a $5,000 Lowe's gift card.

A "surprise squad" will also be traveling the state and providing random prize awards to entrants throughout the month of June, while spreading awareness of homeownership opportunities in Iowa.

Entries may include such things as the story of a young couple who is about to purchase their first home,  how a military family made a house a permanent home after deployment or detailing how homeownership has opened the door to new opportunities. Iowans are encouraged to share their unique homeownership stories!

"Recognizing Iowa homeowners and celebrating their success stories is a fitting way to mark national homeownership month while promoting the far-reaching benefits of homeownership. It also gives us a chance to highlight resources available through IFA to help make the homeownership dream a reality," said Iowa Finance Authority Executive Director Dave Jamison. "We encourage Iowa home buyers and homeowners alike to share their stories for a chance to win!"

"The Iowa Association of Realtors® nearly 6,400 Realtor® members across the state are professionals who follow a strict code of ethical guidelines and help Iowans realize their home owning dreams every day," said Dave Bert, CEO of the Iowa Association of Realtors®. "We are pleased to offer this new, exciting contest to Iowans and look forward to seeing the creative entries."

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IowaHousingSearch.org lets users list and search for rental housing in Iowa for FREE

DES MOINES - The Iowa Finance Authority today announced the launch of IowaHousingSearch.org, a free housing locator web site that gives renters, landlords, housing professionals, and social service providers access to real-time rental housing information. The web site already has approximately 20,000 rental units listed representing 250 Iowa landlords and continues to grow rapidly. The project is powered by Socialserve.com, a 501(c)(3) nonprofit dedicated to increasing access to affordable housing across the nation.

 

IowaHousingSearch.org offers landlords free advertising for their properties, including critically needed affordable and accessible units, while helping renters find housing to fit their specific needs. Listings are linked to interactive maps and can include pictures and information about nearby amenities such as parks, schools and hospitals. Special features for renters include quick links to housing resources as well as rent-affordability and moving-cost calculators.

"IowaHousingSearch.org will provide a fast and easy way to locate rental housing information and related resources," said Iowa Finance Authority Executive Director Dave Jamison. "This tool will also be a valuable asset for property owners and a great resource for our communities."

IowaHousingSearch.org is also a powerful resource during times of disaster, putting current housing information at the fingertips of disaster victims. "IowaHousingSearch.org sets an excellent example for disaster preparedness with a proactive approach to identifying and listing emergency rental housing," said Pat Hall, Iowa Homeland Security and Emergency Management Recovery Division Administrator. "When a crisis causes housing loss in Iowa, this resource will be in place and ready to quickly help displaced individuals. IowaHousingSearch.org will give us the tools we need to find available replacement housing throughout the state."

To list or search for housing on IowaHousingSearch.org, go online at IowaHousingSearch.org any time, or call a toll-free, bilingual call center at 1.877.428.8844, Monday through Friday, 8:00 a.m. to 7:00 p.m. Central Time.

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