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90th General Assembly · Iowa Funnel one-pager · Tuesday, November 10, 2026

HF 506: Relating to the workforce housing tax incentives program

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 it does

352.5 million of the total cap shall be reserved for allocation to projects located in small cities. Under current law, the authority’s board shall establish the maximum average dwelling unit cost (maximum average cost) under workforce housing for a project that includes single-family dwelling units that is located in a small city or in an urban area, and the maximum average cost for a project that includes multiple dwelling unit buildings that is located in a small city or in an urban area. Under current law, the maximum average cost established by the board is $266,320 for a project that includes single-family units that is located in either an urban area or in a small city, and $218,022 for a project that includes multiple dwelling unit buildings that is located in either an urban area or in a small city.

Sponsors

Not listed

Cost

No fiscal note

Lobbying · 9 for, 0 against

For: City of Des Moines; Greater Des Moines Habitat for Humanity; Habitat for Humanity of Iowa; Home Builders Association of Iowa; Hubbell Realty Company; Iowa Housing Partnership; Iowa Real Estate Developers Association; Metropolitan Coalition; Professional Developers of Iowa (PDI)

In plain words

  1. February 28, 2023Filed in the House and sent to the Ways and Means committee

From public records at legis.iowa.gov, compiled by Iowa Funnel (iowafunnel.com), an independent, nonpartisan site. Current as of Tuesday, November 10, 2026. https://iowafunnel.com/bills/90/HF506