Iowa Finance Authority

Local Government

The Iowa Finance Authority is proud to partner with local governments to advance affordable single-family, multifamily and homelessness initiatives.

Emergency Solutions Grant Program: Designed to assist individuals in quickly regaining stability in permanent housing after experiencing a housing crisis and/or homelessness. The Iowa Finance Authority manages the Iowa statewide allocation of funds, with some cities in Iowa also managing additional independent federal allocations. 

Home and Community-Based Services Revolving Loan Program: Assists in the development and expansion of facilities and infrastructure that provide health and wellness programs, health screenings, nutritional assessments, adult day services, respite services and congregate meals for low-income individuals.

HOME Program: Low-interest loans and grants are available to developers of affordable single-family and multifamily housing developments through several HOME program funding categories.

Housing Opportunities for Persons with AIDS Program: Distributes funds to address the housing needs of persons living with HIV/AIDS and their families.

Main Street Loan Program: A partnership between Main Street Iowa, the Iowa Finance Authority and the Federal Home Loan Bank of Des Moines. The Main Street Mortgage Loan program provides funds for lending to Main Street communities in Iowa to aid community development projects.

Multifamily Loan Program: Seeks to preserve the existing supply of affordable rental units at-risk of being lost, and to foster the production of new affordable units in Iowa.

Shelter Assistance Fund: Supports the rehabilitation, expansion or costs of operations of group home shelters for the homeless and domestic violence shelters. Eligible applicants for annual funding include city governments, county governments and nonprofit service agencies across Iowa.

State Housing Trust Fund: Provides grants to advance and preserve affordable single-family and multifamily housing throughout the state.

State Revolving Fund: The best financing option for the design and construction of Iowa water and wastewater infrastructure.

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