The 2020 National Housing Trust Fund Program round will be closing 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 nonprofit 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
.
