IOWA FINANCE AUTHORITY AWARDED U.S. DEPARTMENT OF HOUSING & URBAN DEVELOPMENT CONTRACT FOR ADMINISTRATION OF PROJECT-BASED SECTION 8 PROGRAM

July 1 30, 2011 – (RealEstateRama) — Contract renewal means program profits will continue to be invested in affordable housing throughout Iowa DES MOINES – The Iowa Finance Authority today announced that the agency has been awarded a contract renewal, worth approximately $5 million over two years for the administration of the U.S. Department of Housing and Urban Development’s (HUD) Project-Based Section 8 program