Iowa Finance Authority awards $200,000 from State Housing Trust Fund to support four affordable housing initiatives

Des Moines, IA – April 7, 2011 – (RealEstateRama) — The Iowa Finance Authority (IFA) Board of Directors today approved four grants totaling $200,000 to advance affordable homeownership and rental opportunities in Fayette, Keokuk, Logan and Sioux Center. The funding is made available through the State Housing Trust Fund’s Project-Based program. The program provides financing for the development of affordable single-family and multifamily housing units.