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Bills › 90th General Assembly

HF 436Died when the session ended · February 24, 2023

Establishing a neighborhood housing revitalization assistance program within the Iowa finance authority

Topics:State budgetHousing & property

Same legislation: SF 76

Write your legislators about it

Also covers SF 76.

Official bill pageLobbyist declarationsOne-pager to print

Where it is now

  1. Done: IntroducedJanuary 12, 2023
  2. Stopped: SubcommitteeDied when the General Assembly ended
  3. Next: House committee
  4. Next: Passes the House
  5. Next: Senate committee
  6. Next: Passes the Senate
  7. Next: To the Governor
  8. 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 program to help fix up homes in certain urban and rural neighborhoods. People who live in the homes they are fixing can get loans that might be forgiven, meaning they may not have to pay them back. The state will set up a special fund to pay for these loans and repairs.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. The rules must specify the types of improvements, repairs, and renovation authorized for the program, and the method for determining, if applicable, the portion of a loan that is to be forgiven based on household income. The bill also establishes a neighborhood housing revitalization assistance program fund under the control of the authority.106A(1)(o), 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.

Full bill text2

Iowa Code it changes

Creates§16.222

How the Code works3

Lobbying

1 for · 0 against · 8 undecided · Who →

Family tree

Tried before

SF 72Cleared committee88th GASF 2073Cleared committee89th GA

90th General Assembly

SF 76Cleared committeeSenate companionHF 436Cleared committeeHouse companion

Picked up later

SF 357Cleared committee91st GA

Earlier and later bills are matched by wording or an identical title.

Tried before

This idea has been filed in 2 earlier General Assemblies. None got through a chamber.

  • SF 2073 Establishing a neighborhood housing revitalization assistance program within the Iowa fina…
    89th General Assembly · In committee · very similar
    Cleared committee
  • SF 72 Establishing a neighborhood housing revitalization assistance program within the Iowa fina…
    88th General Assembly · In committee · very similar
    Cleared committee

Similar bills this General Assembly

  • SF 357 Establishing a neighborhood housing revitalization assistance program within the Iowa fina…
    91st General Assembly · In committee
    Nearly identical

Matched by wording or an identical title.