The 2020 National Housing Trust Fund Program round will be opening soon.
APPLICATION PERIOD:
Open: April 3 | 8:00 a.m.
Close: June 2 | 4:30 p.m.
The National Housing Trust Fund (NHTF)
increases and preserves the supply of affordable rental housing for extremely low-income households, including homeless families.
Eligible applicants include non-profit and for profit entities.
NHTF funds may be provided for new construction or adaptive reuse of rental housing. Adaptive reuse shall be defined as conversion of an existing structure from a non-housing use in which the existing building had not provided residential housing space for a minimum of three years prior to the date of NHTF application submission.
Transitional housing is not eligible for assistance.
All projects awarded NHTF program funds are required to meet a 30-year affordability period. The State of Iowa was allocated $2.7 million for projects for the 2020 funding round.
The 2020 National Housing Trust Fund round information is available
here
.
