The Iowa Finance Authority board Wednesday provided grants and tax credits totaling nearly $100 million to create or rehabilitate nearly 1,300 units of affordable housing throughout the state, the agency said. The finance authority board provided $4.4 million in state HOME awards, mostly grants, and $9.67 million in tax credits. Iowa Finance Authority received 46 applications requesting more than $23.7 million in housing tax credits, the agency said. The projects “will not only provide thousands of Iowans in 23 Iowa counties with a safe and affordable home, but the economic benefits of the new and revived housing will in-turn support healthy neighborhoods and communities,” said Iowa Finance Authority Executive Director Dave Jamison.
– Des Moines Register