Bills › 91st General Assembly
Establishing a neighborhood housing revitalization assistance program within the Iowa finance authority
Sponsored by Sen. Liz Bennett (D), Sen. Matt Blake (D), Sen. Molly Donahue (D), Sen. William A. Dotzler Jr. (D), Sen. Sarah Trone Garriott (D), Sen. Janet Petersen (D), Sen. Art Staed (D), Sen. Thomas Townsend (D), Sen. Cindy Winckler (D), Sen. Mike Zimmer (D)
Where it is now
- Done: IntroducedFebruary 18, 2025
- Done: SubcommitteeFebruary 20, 2025
- Stopped: Senate committeeDied when the General Assembly ended
- Next: Passes the Senate
- Next: House committeeFunnel: by March 20, 2026
- Next: Passes the House
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2026 session adjourned on May 3, 2026, 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 specific urban and rural neighborhoods. People who live in the homes they are fixing can apply for loans that might be forgiven, meaning they might 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.
Senate subcommittee
Named February 20, 2025. 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
Tried before
91st General Assembly
Earlier and later bills are matched by wording or an identical title.
Tried before
This idea has been filed in 3 earlier General Assemblies. None got through a chamber.
- HF 436 Establishing a neighborhood housing revitalization assistance program within the Iowa fina…90th General Assembly · In committee · same titleCleared committee
- SF 76 Establishing a neighborhood housing revitalization assistance program within the Iowa fina…90th General Assembly · In committee · same titleCleared committee
- 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
Matched by wording or an identical title.