How to Qualify for Iowa Finance Authority Housing & Grant Programs in 2025
Partnership Metric | Achievement |
---|---|
Total Housing Units Financed | 352 |
Bonding Capacity Utilized | $11.5 million |
Homeownership Program Participants | Over 1,000 Iowans |
These strategic collaborations have enabled the Iowa Finance Authority to maximize resources and create meaningful impact across multiple sectors. By integrating public and private sector expertise, the authority continues to drive innovative solutions for Iowa’s housing and economic development challenges.
Recent Achievements and Impact
The Iowa Finance Authority has made significant strides in supporting economic development and affordable housing across the state. Through strategic initiatives and targeted programs, the organization has transformed countless lives and strengthened Iowa’s communities.
Statistical Highlights
In 2023, the Iowa Finance Authority demonstrated remarkable progress in several key areas. The organization approved critical funding that generated substantial economic benefits:
- $72.7 million in new capital investment for the state
- 16 jobs created through awards for established companies
- More than $5.7 million in grants for homelessness assistance initiatives
Success Stories of Affordable Housing Loans
The impact of the Iowa Finance Authority extends beyond numbers. Real families have experienced transformative opportunities through affordable housing loans. For instance, local businesses like Mrs. Clark’s Foods and Ingredion received strategic investments that created high-quality jobs with competitive wages.
Investment Area | Capital Investment | Jobs Created |
---|---|---|
Mrs. Clark’s Foods | $25.7 million | 12 jobs |
Ingredion | $47 million | 4 jobs |
The organization’s commitment to economic development is evident in its diverse support, from small business loans to significant community projects like the Hoover Presidential Library and Museum redesign.