Iowa Administrative Code
Agency 265 - Iowa Finance Authority
Chapter 24 - Home and Community-based Services Rent Subsidy Program
Rule 265-24.3 - Eligibility Requirements

Universal Citation: IA Admin Code 265-24.3

Current through Register Vol. 47, No. 6, September 18, 2024

All of the following criteria shall be met.

(1) Demonstrated need. An applicant must demonstrate need for rent subsidy by meeting all of the following requirements:

a. The applicant shall provide a copy of an executed rental agreement showing the applicant as a tenant, with signatures by the landlord and the applicant or the applicant's legal guardian;

b. The applicant shall provide evidence that the applicant pays more than 30 percent of the applicant's gross income for rent, with a minimum contribution of $25 per month;

c. The applicant shall not receive any other permanent rental assistance;

d. The applicant may not use this program to substitute for any other permanent rent subsidy that the applicant had been receiving at the time of or immediately prior to the time of application to this program; and

e. The applicant's rental unit must be a qualified rental unit and may not be owned by someone who lives in the unit.

(2) Ineligible for other rent subsidies. The applicant shall have been determined ineligible or be on the waiting list, or provide documentation that the waiting list is closed, under the HUD Housing Choice Voucher (HCV) program administered by Iowa's public housing authorities. In the event that the HCV waiting list is currently closed, the applicant is responsible for monitoring the status of the waiting list application period and must apply at the first available opportunity and provide documentation of HCV application submission to the local public housing authority or be subject to removal from the HCBS rent subsidy program or the HCBS rent subsidy program waiting list.

Disclaimer: These regulations may not be the most recent version. Iowa may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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