Iowa Administrative Code
Agency 265 - Iowa Finance Authority
Chapter 43 - Community Housing and Services for Persons With Disabilities Revolving Loan Program
Rule 265-43.1 - Purpose

Universal Citation: IA Admin Code 265-43.1
Current through Register Vol. 47, No. 13, December 25, 2024

Through its community housing and services for persons with disabilities revolving loan program, the authority seeks to further the availability of affordable housing and supportive services for Medicaid waiver-eligible individuals with behaviors that provide significant barriers to accessing traditional rental and supportive service opportunities. Loans from the community housing and services for persons with disabilities revolving loan program fund are to be used to provide financing to construct permanent supportive housing or develop infrastructure in which to provide supportive services, including through new construction, acquisition and rehabilitation of existing housing or infrastructure, or conversion or adaptive reuse. This chapter is intended to implement Iowa Code sections 16.5(1) and 16.49.

Pursuant to Iowa Code section 16.49(4) "d," housing provided through a project under this chapter is exempt from the requirements of Iowa Code chapter 135O, Boarding Homes.

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