This program funds activities limited to existing buildings to either rehabilitate un-occupiable units or convert existing spaces into new units. All spaces must be vacant and un-occupiable at the time of application and for a period of at least five (5) years.
Donor Name: Iowa Economic Development Authority
State: Iowa
County: All Counties
Type of Grant: Grant
Deadline: 11/01/2022
Size of the Grant: $600,000
Details:
This program assists communities with preserving existing housing stock and creating new housing opportunities. The eligible housing activity includes:
- Upper story housing conversion
This program is funded through the federal Community Development Block Grant (CDBG) and must primarily benefit low and moderate income individuals.
Funding Information
The maximum award per project is $600,00; $550,000 for project and administrative costs and an optional $50,000 to assist with Green Streets activities.
Who Qualifies?
- Projects must primarily benefit low- and moderate income persons (per the U.S. Department of Housing and Urban Development definition)
- Non-entitlement cities and counties are eligible applicants.
For more information, visit IEDA.
