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Seniors Housing Rises from Floods
CEDAR RAPIDS, IOWA—In June 2008, the Cedar River crested to its highest level in the city’s history, damaging or destroying more than 5,000 homes and displacing 18,000 residents.
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People
Joe O’Hern has been named director of the Iowa Finance Authority (IFA).
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HUD Releases Findings on Cost of Homelessness
The cost of providing housing and services to first-time homeless individuals and families varies widely from $581 a month for an individual’s stay in an emergency shelter in Des Moines, Iowa, to about $3,530 a month for a family to stay in a shelter in W
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Iowa Announces Housing Grants
Six affordable housing initiatives in Iowa will share in $2.2 million, announced Gov. Chet Culver.
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New Director Takes Over IFA
Joe O’Hern has been named director of the Iowa Finance Authority (IFA).
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Regional News
SIOUX CITY, IOWA - Dominium Development & Acquisition has finished its $4.5 million renovation of Hillside Park Apartments here.
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Second Wave of ARRA Funds Released
Iowa, Maine, New Hampshire, Rhode Island, and Washington will receive a combined $133 million under the low-income housing tax credit (LIHTC) exchange program.
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Slow But Steady
Des Moines—A booming submarket in West Des Moines and strong occupancies in the city center will ensure a steady 2008 for Iowa’s capital city.
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IOWA
DES MOINES—The Iowa Finance Authority (IFA) has upped the maximum award total to $700,000 from $600,000 in its 2008 qualified allocation plan (QAP).
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Small Town Dollars Pack Big Punch
Davenport, Iowa— This city doesn’t get much money from the Community Development Block Grant (CDBG) program, but officials here make sure what they do receive gets them the biggest bang for their buck when it comes to housing.