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Programs for Property Developers

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Iowa communities need affordable housing, developers have the expertise to build it…and the Iowa Finance Authority offers a variety of financing programs to help it become a reality.

Community-Based Housing Revolving Loan Fund

This program provides loans to those serving a target population of Medicaid members enrolled in or eligible for Home- and Community-Based Intellectual Disability and/or Brain Injury Waivers.

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Home and Community-Based Services Revolving Loan Program

This program provides assistance for 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.

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HOME Program

IFA administers Iowa’s HOME allocation and awards funds through a competitive application process. These funds assist with a wide range of affordable housing initiatives, including homebuyer, tenant-based rental assistance and rental projects.

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Housing Tax Credit Program

The Housing Tax Credit program provides a federal tax credit incentive for the development or preservation of affordable rental housing.

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Multifamily Loan Program

The Multifamily Loan program provides affordable financing options to property owners and developers to assist in the preservation of existing affordable rental units and to foster the production of new affordable rental homes in Iowa.

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National Housing Trust Fund

This federal program complements existing efforts to increase and preserve the supply of housing for extremely low- and very low-income households, including homeless families.

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Rural Lot Purchase Program

This program provides loans to assist in the purchase of lots for the purpose of building speculative homes in rural communities.

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Housing Tax Credits 30721
affordable homes using housing tax credits.
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