Northwest Iowa Regional Housing Trust Fund Housing Rehabilitation Program

February 10, 2026

We are pleased to share information about the Northwest Iowa Regional Housing Trust Fund Housing Rehabilitation Program, designed to help income-eligible homeowners make critical repairs and improvements to their homes.  This program offers a combination of forgivable grants and low-interest loans to ensure homes remain safe, secure, and well-maintained.  Eligible households may qualify for financial assistance based on their household income relative to the Area Median Income (AMI):

 Households at or below 30% of AMI 

  • Eligible for a forgivable grant of up to $12,500
  • Maximum assistance: $12,500
  • No repayment required, provided program terms are met

 Households between 31% and 80% of AMI

  • Eligible for:
    • A forgivable grant/loan of up to $12,500, and
    • A low-interest loan (2%) of up to $25,000
  • Maximum total assistance: $37,500
  • The forgivable grant portion becomes available after two-thirds of the total project cost is covered by the low-interest loan
  • Applicants for the repayable loan must have:
    • A minimum credit score of 620, or
    • Acceptable non-credit reported verifications for homeowners without a traditional credit score

Funds may be used for eligible rehabilitation activities that address health, safety, and code compliance issues, subject to program guidelines and available funding.

2026 Regional Housing Rehab Application

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