The Iowa Finance Authority Board of Directors on Wednesday announced that 26 Local Housing Trust Funds, including a few that serve area counties, have been awarded grants to support local housing initiatives.
The grant awards total over 11 million dollars, and are made possible through the Local Housing Trust Fund. The grants are expected to assist over 28-hundred families.
The Northwest Iowa Regional Housing Trust Fund, which serves counties including Buena Vista, Clay, O’Brien, and Palo Alto, has been awarded over 501-thousand dollars.
The Western Iowa Community Improvement Regional Housing Trust Fund, which serves counties including Cherokee and Ida, is getting over 381-thousand dollars.
The Council of Governments Housing, which serves Sac County, has been awarded over 379-thousand dollars.
The Heart of Iowa Regional Housing Trust Fund, which serves counties including Calhoun and Pocahontas, is receiving over 413-thousand dollars.
The grant funds will support a range of initiatives aimed at developing or preserving housing for low-income households across the spectrum of housing needs. This includes development and preservation of housing, infrastructure development, transitional housing, rental assistance, bolstering the capacity of local housing organizations, and other efforts that directly address local housing needs.