Bills › 90th General Assembly
Relating to technical and financial assistance provided by the Iowa finance authority to cities, counties, and non-profit entities for the acquisition and improvement of certain mobile home parks
Topics:Housing & propertyFamilies & human servicesCities & counties
Where it is now
- Done: IntroducedJanuary 25, 2023
- Stopped: SubcommitteeDied when the General Assembly ended
- Next: House committee
- Next: Passes the House
- Next: Senate committee
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2024 session adjourned on April 19, 2024, 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 fund to help cities, counties, and nonprofit groups buy and fix up mobile home parks. This money is meant for parks where most residents have low or moderate incomes and are at risk of losing their homes. The Iowa finance authority will manage the fund to provide technical and financial help for these projects.1
Read the official explanation
This bill relates to technical and financial assistance provided by the Iowa finance authority (authority) to cities, counties, and nonprofit entities for the acquisition and improvement of certain mobile home parks. The bill creates a mobile home park improvement assistance fund (fund) within the authority, and the authority shall administer the fund in a manner to provide technical and financial assistance to cities, counties, and nonprofit entities for the acquisition and initial improvement of mobile home parks, located within the city or county, in which the majority of tenants are low or moderate income and are at risk of displacement. “Mobile home park” and “tenant” are defined in the bill. The fund may consist of any moneys appropriated by the general assembly and any other moneys lawfully available to the authority.5(1)(s) for deposit in the fund.29 in an amount necessary to support the fund.33, moneys in the fund at the end of each fiscal year shall not revert to the general fund or any other fund but shall remain in the fund for expenditure for subsequent fiscal years.