Iowa Finance Authority awards $50,000 State Housing Trust Fund grant to Iowa Heartland Habitat for Humanity

Des Moines, IA – September 16, 2011 – (RealEstateRama) — The Iowa Finance Authority Board of Directors recently approved a $50,000 grant to Iowa Heartland Habitat for Humanity to help acquire three lots in foreclosure, deconstruct for salvage material and demolish a dilapidated home and construct three new affordable homes. 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.