Posted: April 12, 2023 | Updated: April 12, 2023
Who Can We Help?
Individuals, community organizations, non-profit and for-profit developers in rehabilitation, repair, and creation of projects that improve the condition of, or contribute to the development of rental and owner-occupied affordable housing and to a first-time home buyer in Northeast lowa.
All projects funded must serve Allamakee, Clayton, Howard or Winneshiek County households with incomes less than 80% of the statewide median family income.
What Will We Fund?
Eligible projects include those that improve the conditions of existing housing through rehabilitation and/or repair, or help purchase housing through down payment assistance, or contribute to the development of affordable housing in Northeast lowa.
- Household Size 1:
- 80% of median income: 36,300
- 65% of median income: 29,500
- 50% of median income: 22,700
- 30% of median income: 13,600
- Household Size 2:
- 80% of median income: 41,450
- 65% of median income: 33,700
- 50% of median income: 25,900
- 30% of median income: 15,500
- Household Size 3:
- 80% of median income: 46,650
- 65% of median income: 37,900
- 50% of median income: 29,150
- 30% of median income: 17,500
- Household Size 4:
- 80% of median income: 51,850
- 65% of median income: 42,100
- 50% of median income: 32,400
- 30% of median income: 19,450
- Household Size 5:
- 80% of median income: 56,000
- 65% of median income: 45,500
- 50% of median income: 35,000
- 30% of median income: 21,000
- Household Size 6:
- 80% of median income: 60,150
- 65% of median income: 48,900
- 50% of median income: 37,600
- 30% of median income: 22,550
- Household Size 7:
- 80% of median income: 64,300
- 65% of median income: 52,250
- 50% of median income: 40,200
- 30% of median income: 24,100
- Household Size 8:
- 80% of median income: 68,450
- 65% of median income: 55,600
- 50% of median income: 42,750
- 30% of median income: 25,650
Mission
To provide financing to assist in improving the stock of affordable housing within the counties of Allamakee, Clayton, Howard, and Winneshiek.
How Do You Apply?
Applications will be accepted by the Northeast lowa Regional Housing Trust Fund on a continuous basis. Applications can be obtained at the Upper Explorerland Office at 134 West Greene Street, PO Box 219, Postville, IA 52162 – Phone: 563-864-7551, Ext. 101 or Ext. 120. You can also visit our website at www.uerpc.org, Housing Programs tab, Regional Housing Trust Fund.