Bills › 90th General Assembly
Establishing a neighborhood housing revitalization assistance program within the Iowa finance authority
Topics:Business & economy
Same legislation: HF 436
Where it is now
- Done: IntroducedJanuary 12, 2023
- Done: SubcommitteeJanuary 17, 2023
- 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 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 cities and rural areas. People who live in the homes they are fixing can apply for loans that might not have to be paid back. The state will set up a special fund to pay for these home repairs and improvements.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 close of a fiscal year shall not revert but shall remain available in subsequent fiscal years.
Senate subcommittee
Named January 17, 2023. It hasn’t reported yet.
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
90th 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 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 similarCleared committee
- SF 72 Establishing a neighborhood housing revitalization assistance program within the Iowa fina…88th General Assembly · In committee · very similarCleared committee
Similar bills this General Assembly
- SF 357 Establishing a neighborhood housing revitalization assistance program within the Iowa fina…91st General Assembly · In committeeNearly identical
Matched by wording or an identical title.