AHEAD Regional Housing Trust Fund
The mission of the AHEAD Regional Housing Trust Fund (RHFT) is to promote and preservation of affordable housing for low-to-moderate income households in Davis, Jeffeson, Keokuk, Mahaska, Van Buren and Wapello counties.
2012 funding requires projects to be in the rural area of one of the 6 counties, or in one of the following jurisdictions:
|Batavia||Drakesville||Harper||Lockridge||Pleasant Plain||University Park|
|Bonaparte||Farmington||Keota||Oskaloosa||Maharishi Vedic City|
*Communities not listed above are invited to join the AHEAD Regional Housing Trust Fund for 2014 funding.
Projects must serve households at or below 80% of either the Median Family Income (MFI) as determined by the Iowa Finance Authority (IFA) or at or below 80% Mortgage Rate Based (MRB) from the US Department of Housing and Urban Development (HUD). See Income Requirements link on right. ⇒
Projects must retain and improve the structural integrity of the housing unit.
|Owner-Occupied URGENT Repair|
|Up to $7,500 per home||Up to $6,000 per housing unit|
|0%,1%,2% & deferred loans||0%,1%,2% & deferred loans|
|Matching funds may be required||Matching funds may be required|
Rental Housing Repair