DES MOINES, IOWA (November 6, 2020) — The Iowa Finance Authority Board of Directors has announced a total of more than $1 million in funding through the federal HOME program to assist eligible renters impacted by the August 10, 2020 derecho. Iowans who resided in Benton, Boone, Cedar, Clinton, Jasper, Linn, Marshall, Polk, Poweshiek, Scott, Story, or Tama County at the time of the natural disaster may be eligible for rental assistance.
Anawim Housing, The City of Cedar Rapids, and The Eastern Iowa Housing Corporation were each awarded $364,000 to provide rental assistance to eligible renters who were impacted by the derecho. Renters in need of assistance are encouraged to contact one of these agencies to apply.
“Iowa will continue to be a partner for our communities who are working so hard to rebuild and come back stronger than before,” said Gov Reynolds. “Today’s announcement will provide direct assistance to many Iowans struggling to pay their rent because of this summer’s derecho. The state of Iowa is committed to full recovery no matter how long it takes.”
“The funding announced today will provide a critical resource for many Iowa renters who were impacted by this summer's derecho,” said Iowa Finance Authority Executive Director Debi Durham. “We are proud to partner with Anawim Housing, The City of Cedar Rapids, and The Eastern Iowa Housing Corporation to make this assistance available to Iowans in twelve counties.”
Eligible renters must have resided in one of the twelve counties approved for Individual Assistance by the Federal Emergency Management Agency (FEMA) at the time of the natural disaster and must have a household income of at or below 80% of the area median income.
Derecho Recovery Rental Assistance:
Anawim Housing
- Award Amount: $364,000
- Program Contact: 515.244.8308 | Website
City of Cedar Rapids
- Award Amount: $364,000
- Program Contact: 319.286-5872| Website
Eastern Iowa Regional Housing Corporation
- Award Amount: $364,000
- Program Contact: 563.588.1963 | Website
The Iowa Eviction and Foreclosure Prevention program remains open for applications through December 4 to assist eligible renters and homeowners in any area of the state who have been economically impacted by the COVID-19 public health emergency. More information is available at iowahousingrecovery.com.
The Iowa Legislature created the Iowa Finance Authority in 1975 to undertake programs to assist in the attainment of housing for low- and moderate-income Iowans. Since then, the Iowa Finance Authority’s role has grown to include affordable housing, water quality and beginning farmer programs.
