
Grant Awards The Iowa Finance Authority Board of Directors recently approved a total of more than $7.3 million in grants to 27 Local Housing Trust Funds to support affordable housing initiatives, which will assist 2,336 Iowa families. Read more.
HFA Preferred Risk Sharing The Iowa Finance Authority will offer a new conventional product called HFA Preferred Risk Sharing beginning January 2, 2015. This new product offers many benefits, including:
- No mortgage insurance
- Lower monthly payment
- Up to 97% loan-to-value ratio
- Product exclusive to the Iowa Finance Authority in Iowa
The HFA Preferred Risk Sharing product will be available for reservations only for lenders who have signed-up. Learn how to sign-up today!
IowaHousingSearch.org Webinar Trainings This free rental housing web site is available to potential renters, landlords and social service providers. To learn more about this valuable resource, please register to attend an upcoming webinar training. Free materials are also available; email us your request! 2015 9% Housing Tax Credits The Iowa Finance Authority received 23 applications totaling $13.2 million credits requested for the 2015 Housing Tax Credit round. The IFA Board of Directors will be making the 2015 awards during their March 11, 2015 Board meeting. 4% Housing Tax Credit Applications Now Accepted The 4% Housing Tax Credit Application is now available on the IFA web site. Applications may be submitted at any time using the Online Application. Applications submitted between December and March may not be reviewed until April due to the 9% Tax Credit Application Review Process. Any questions in relation to the Application Review Process, please contact the IFA LIHTC Manager. |