Reynolds announces $4 million for rehabilitation of housing in 5 Iowa cities
Business Record Staff Jan 19, 2023 | 12:06 pm
1 min read time141 wordsAll Latest News, Economic Development, Law & Government
Gov. Kim Reynolds announced investments from the Home Rehabilitation Block Grant Pilot Program, which was created as a part of a $100 million investment to increase the supply of housing options and protect and expand housing opportunities for Iowans to live in or near the communities where they work. The money is made available through Federal American Rescue Act state and local fiscal relief funds. “Today’s investments will give new life to more than 130 aging homes so that Iowa families can be proud to call them home for many years to come,” Reynolds said. The recipients are the cities of Burlington ($1 million), Grinnell ($1 million), Keokuk ($600,000), Mason City ($1 million) and Washington ($400,000). Applications were scored on a competitive basis and included criteria such as housing need, impact, community readiness, public/private partnerships and additional funds leveraged.