IFAfyi - An update from the Iowa Finance Authority

<%@ language="VBScript" %> IFAfyi - An update from the Iowa Finance Authority

The IFA Board of Directors recently approved the Low-Income Housing Tax Credit Qualified Allocation Plan for the 2009 round. Read it here.
The Iowa Finance Authority Board of Directors recently approved awards from the State Housing Trust Fund’s Project-Based Housing Program to six organizations around Iowa. Read the news release.
This week the IFA Board of Directors approved the allocation plan for the Local Housing Trust Fund program. The plan becomes effective September 3 and is available here. Application information if forthcoming.
IFA is currently seeking proposals from qualified firms to serve as Servicer for the Single-Family Mortgage Loans originated under the Authority’s Single-Family bond program. Proposals must be received no later than 1:00 p.m., CST, Friday, August 8, 2008. Learn more here.
A new brochure about IFA’s FirstHome and FirstHome Plus programs is available now. Please request copies from Francisco Hernandez or download the brochure here.
Only enough money remains in IFA’s RuralHome program to fund a handful of loans. Participating Lenders who have RuralHome loans in the process should contact Sharon Murphy immediately to ensure that adequate funds remain to assist borrower(s). IFA is currently working on a grant application to acquire additional resources to maintain this important program.

The Iowa Finance Authority Board of Directors recently approved more than $5.8 million in Planning and Design Loans to seven Iowa communities. Read the news release here.

Title Guaranty will host a Settlement Service Workshop on September 3 in Des Moines

The 2008 HousingIowa Conference will take place October 2 – 3 in Des Moines. Information about the conference, including registration, sponsorships, exhibits and awards, is available now.
IFA administers www.HousingInIowa.org, a web site that showcases available rental properties around the state. Property mangers and owners are encouraged to upload information about their units to the site. Iowans are welcome to use the site as a resource for temporary and permanent rental housing. IFA is currently publicizing the site with a two-week paid and unpaid media campaign in eastern Iowa, where many residents are looking for shelter after this summer’s natural disasters.
The IFA Board of Directors will hold its August meeting in Cedar Rapids at a site to be determined. Tentatively, the day will also include a tour of the area and an opportunity to hear from community leaders about housing and water quality needs and issues. If you would like to participate in this day, please RSVP to Nancy Wallis.
IFA’s Board of Directors recently elected a new slate of officers that includes Roger Caudron, Chair; Doug Walter, Vice Chair; and Carmela Brown, Treasurer. Learn more here.