The City of Iowa City is now accepting applications from organizations for public services, public facilities, and affordable housing projects for 2025.
Donor Name: City of Iowa City
State: Iowa
City: Iowa City
Type of Grant: Grant
Deadline: 01/29/2024
Size of the Grant: $100,000 to $500,000
Grant Duration: Grant Duration Not Mentioned
Details:
Program Purpose
- All proposals must benefit low-moderate income individuals. The specific ways that a project must accomplish the program’s purpose (also called a National Objective) varies by program. CDBG Funds. At least 51% of those befitting from the program (persons or households) must have incomes at or below 80% of the area median income (AMI) based on household size. For programs that benefit individual households, all households must earn less than 80% of the median household income.
- HOME Funds. All activities undertaken with HOME funds must benefit households below 80% AMI, and nearly all assisted units must be targeted to households below 60% AMI.
Funding Information
CDBG and HOME – Approximately $754,000 Available
The Community Development Block Grant (CDBG) and HOME Investment Partnerships (HOME) programs help develop viable urban communities by providing safe and decent affordable housing, suitable living environments, and expanded economic opportunities, principally for low- and moderate-income persons. The City expects about $754,000 in CDBG/HOME funds to be available from the U.S. Department of Housing and Urban Development for this competitive application.
- Of this, around $453,000 must be allocated to affordable housing activities: acquisition, rehabilitation, new construction, or direct assistance for renter- or owner-occupied housing.
- $224,000 may be used for housing or public facilities projects.
- An additional $77,000 is estimated to be available for certified Community Housing Development Organization reserve activities.
Eligible Activities
Activities that can be carried out with CDBG funds include, but are not limited to, the following:
- Acquiring real property, demolishing structures and clearing property, and relocation assistance for residents of property being demolished.
- Rehabilitation or preservation of residential and nonresidential structures, including weatherization, painting, accessibility improvements, emergency repairs and comprehensive rehabilitation.
- Construction of public facilities and improvements, such as water and sewer facilities, infrastructure repairs and installation of curb ramps, construction of neighborhood centers and installation of accessible playground equipment.
Activities that can be carried out with HOME funds include the following:
- Acquisition of real property (including Homeownership Assistance), payment of “soft” costs associated with a project, demolition and clearing property, site and infrastructure improvements, and relocation assistance for persons being displaced by a HOME activity.
- Rehabilitation or preservation of residential structures (comprehensive rehabilitation only).
- Tenant Based Rental Assistance (TBRA) for a period of up to 24 months.
- New construction of affordable housing units (rental or owner-occupied).
- Operational expenses and Capacity Building for Community Housing Development Organizations (CHDOs) within the limit of 5% of Iowa City’s HOME allocation.
Ineligibility
The following types of activities that are ineligible include, but are not limited to, the following:
- Public service eligible activities such as operations or salaries.
- Buildings for general conduct of government and expenses required to conduct the regular responsibilities of local government, e.g. street maintenance, public buildings for government.
- Political, religious and lobbying activities, income payments, such as rent assistance and mortgage payments. HOME only: tenant based rent assistance is an allowable activity.
- CDBG only: New housing construction, except for residential facilities providing shelter for persons with special needs (homeless shelters, convalescent homes, halfway houses, and group homes).
- Purchase of construction equipment.
For more information, visit City of Iowa City.