Bills › 89th General Assembly
Establishing a neighborhood housing revitalization assistance program within the Iowa finance authority
Where it is now
- Done: IntroducedJanuary 19, 2022
- Done: SubcommitteeJanuary 25, 2022
- Stopped: Senate committeeDied when the General Assembly ended
- Next: Passes the Senate
- Next: House committee
- Next: Passes the House
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2022 session adjourned on May 24, 2022, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
AI summary Iowa will create a new program to help fix up homes in specific urban and rural neighborhoods. People who live in the homes they are repairing can apply for loans that may eventually be forgiven. The state will set up a special fund to pay for these home improvement projects.1
Read the official explanation
This bill requires the Iowa finance authority to establish a neighborhood housing revitalization assistance program for the purpose of providing and fostering lending programs and other services to facilitate targeted neighborhood revitalization in designated urban and rural areas in this state. The bill provides that the program shall include a forgivable loan program for qualifying home improvements, repairs, and renovations for an owner-occupied home. The bill requires the authority to adopt rules governing the loan program and specifies the types of improvements, repairs, and renovation authorized for the program. The bill also establishes a neighborhood housing revitalization assistance program fund under the control of the authority.106A(1)(6), and any other gift, donation, federal or other grant, or appropriation intended to be used for purposes of the fund. The bill provides that all moneys in the fund which remain unexpended or unobligated at the close of a fiscal year shall not revert but shall remain available in subsequent fiscal years.
Senate subcommittee
Named January 25, 2022. It hasn’t reported yet.
- Sen. R. Smith
- Sen. Liz Mathis D
- Sen. Jason Schultz REmail
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part
Family tree
Tried before
89th General Assembly
Picked up later
Earlier and later bills are matched by wording or an identical title.
Tried before
This idea has been filed in an earlier General Assembly. None got through a chamber.
- SF 72 Establishing a neighborhood housing revitalization assistance program within the Iowa fina…88th General Assembly · In committee · nearly identicalCleared committee
Similar bills this General Assembly
- SF 357 Establishing a neighborhood housing revitalization assistance program within the Iowa fina…91st General Assembly · In committeeVery similar
- HF 436 Establishing a neighborhood housing revitalization assistance program within the Iowa fina…90th General Assembly · In committeeVery similar
Matched by wording or an identical title.