89th General Assembly · Iowa Funnel one-pager · Tuesday, November 10, 2026

SF 2211: Relating to homeownership by creating the home loan program fund and the housing renewal program fund within the Iowa finance authority and amending qualifications for individual development accounts, and making appropriations and transfers

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 it does

This bill requires the Iowa finance authority (authority) to establish a home loan program fund for the purpose of providing and fostering lending programs and other services to facilitate mortgage and repair loans to low-income and moderate-income homebuyers and homeowners, creates a housing renewal program to invest in housing rehabilitation and redevelopment in this state, and also makes changes to individual development accounts. The bill provides that the home loan program fund shall include a forgivable loan program for qualifying home improvements, repairs, and renovations for an owner-occupied home.

Cost

No fiscal note

Senate subcommittee · named February 9, 2022

Sen. Chris Cournoyer (R)
Sen. Claire Celsi (D)
Sen. Craig Johnson (R) · craig.johnson@legis.iowa.gov

Lobbying · 11 for, 0 against

For: Greater Des Moines Habitat for Humanity; Habitat for Humanity of Iowa; Home Builders Association of Iowa; Iowa ACEs 360; Iowa Association of Realtors; Iowa Business Council; Iowa Credit Union League; Iowa Housing Partnership; Iowa Housing Trust Funds Advocates Network; Lutheran Services in IA, Inc.; United Way of Central Iowa

In plain words

February 8, 2022Filed in the Senate and sent to the State Government committee
February 9, 2022Senate subcommittee named: Cournoyer, Celsi and Johnson
February 15, 2022Subcommittee recommended passing it