The City of Iowa City is now accepting applications from organizations for public facility improvements and affordable rental acquisition projects aimed at serving low- to moderate-income residents.
This grant opportunity is offered by the City of Iowa City in Iowa. It provides funding ranging from $100,000 to $500,000, with a deadline for applications on August 4, 2025. The grant duration is not specified.
The funding is part of the Community Development Block Grant (CDBG) program, which supports the development of viable urban communities by providing affordable housing, suitable living environments, and expanded economic opportunities. This program is funded by the U.S. Department of Housing and Urban Development (HUD) and follows federal requirements.
This cycle focuses on supporting public facilities and rental housing acquisition. The City also funds other activities such as public services, downpayment assistance, rental assistance, housing rehabilitation, and affordable housing through various programs.
Approximately $364,132 of CDBG funding is available in this round, with $150,000 designated for public facility improvements and $214,132 for rental housing acquisition.
Eligible activities include acquiring real property for affordable rental housing and construction, rehabilitation, or improvements to public facilities serving low- to moderate-income residents. Public facilities must be accessible during normal working hours.
Proposals must primarily benefit low- to moderate-income individuals, with at least 51% of beneficiaries earning 80% or less of the area median income (AMI) based on household size. For programs targeting individual households, all must earn below 80% of the median income.
For more information, visit City of Iowa City.
