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The Great River Housing Trust Fund promotes affordable housing in Southeast Iowa through rehabilitation of owner-occupied home, down payment assistance, and development partnerships with private developers. For applicant to be eligible to receive funding they must be considered low to moderate income households and meet strict income standards.
Since the inception of the Great River Housing Trust Fund in 2011, they have:
The Great River Housing Trust Fund is funded through commitments from local governments, commitments from local banks, donations, and state funding. The money provided from the local governments, banks, and donations is used to leverage the additional money from the State.
Year | Grant | Local Match | Total |
---|---|---|---|
2020 | 252,333 | 63,084 | 315,417 |
2019 | 284,649 | 71,163 | 355,812 |
2018 | 311,579 | 82,500 | 394,079 |
2017 | 273,877 | 68,500 | 342,377 |
2016 | 284,649 | 72,500 | 357,149 |
2015 | 331,193 | 82,799 | 413,992 |
2014 | 363,508 | 91,000 | 454,508 |
2013 | 282,719 | 71,750 | 354,469 |
2012 | 252,719 | 63,600 | 316,319 |
2011 | 282,975 | 73,500 | 356,475 |
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West Burlington, Iowa 52655
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