$29.8 Million in Tax Credits Awarded to Workforce Housing Projects
IEDA awarded credits to 49 housing projects
This program provides tax benefits to developers to provide housing in Iowa communities, focusing especially on those projects using abandoned, empty or dilapidated properties.
A Small Cities set aside for this program is available to eligible projects within the 88-least populous counties in Iowa.
Single family unit in an urban area | $266,320 per unit |
Single family unit in a small city | $266,320 per unit |
Multi family unit in an urban area | $218,022 per unit |
Multi-unit unit in a small city | $218,022 per unit |
IEDA is seeking input regarding the application due date. Please complete a short survey to help determine if potential applicants need additional time to complete worthwhile applications.
UPDATE as of 4/25/2022: The FY 2023 application round for Workforce Housing Tax Credit project will open on April 1, 2022. Applications will now be due on July 1, 2022. Applications will be submitted through iowagrants.gov.