IMPLEMENTATION | CHAPTER 14
Table 14.2 Potential Funding Sources SOURCE & ADMINISTRATOR
DESCRIPTION
POSSIBLE USES
Housing Fund (HOME); IDED
Funds to develop and support affordable housing.
Rehabilitation of rental and owner- occupied homes; new construction of rental housing; assistance to homebuyers; assistance to tenants; administrative costs. HOME funds may be used in conjunction with Section 42 Low Income Housing Tax Credits. They may also be used for innovative project approaches, such as rent-to-own development.
Iowa Clean Air Attainment Program (ICAAP); IDOT
Land and Water Conservation Fund; Iowa DNR
Living Roadway Trust Fund; IDOT
Pedestrian Curb Ramp Construction; IDOT
Public Facilities Set-Aside Program (PFSA); IDED
Funding for highway/street, transit, bicycle/pedestrian or freight projects or programs which help maintain Iowa’s clean air quality by reducing transportation related emissions.
Federal funding for outdoor recreation area development and acquisition.
Implement integrated Roadside Vegetation Management programs (IRVM) on city, county, or state rights-of-way or areas adjacent to traveled roads.
To assist cities in complying with the Americans with Disabilities Action primary roads.
Financial assistance to cities and counties to provide infrastructure improvements for businesses which require such improvements in order to create new job opportunities.
Resource Enhancement and Protection (REAP); Iowa DNR
Funding for projects that enhance and protect natural and cultural resources. Grants available in categories such as: City Parks and Open Space, County Conservation and Roadside Vegetation
Revitalize Iowa’s Sound Economy (RISE); IDOT
Funding to promote economic development through construction or improvement of roads and streets.
Projects which will reduce vehicle miles traveled or single-occupant vehicle trips; Transportation improvements to improve air quality.
Improvements to existing recreation facilities and development of new facilities.
Roadside inventories, gateways, education, research, roadside enhancement, seed propagation, and special equipment.
Construct curb ramps to ADA standards.
Provision or improvement to sanitary sewer systems, water systems, streets, storm sewers, rail lines, and airports. For Iowa Cities under 50,000 populations. 51% of persons benefitting must be low or moderate income.
Parkland expansion, multi- purpose recreation developments, management of roadside vegetation.
Construction or improvement of roadways that will facilitate job creation or retention, such as a street system for additional business or industrial development.
DEADLINE
AVAILABLE FUNDS
REQUIRED MATCH
Varies - Usually January
$15 million annually state-wide
NA
Oct 1
March 15, or closest working day
June 1
Accepted all year
$4.5 million; Minimum $20,000 per project
TBD
20%
50%
TBD
Maximum of $250,000 per city per year
Accepted all year
No
45% NA
50%; Additional points for higher percentage
Varies by grant category
Feb 1 & Sept 1 for local projects; Immediate opportunities accepted all year
Varies; approx. $20 million annually for all REAP programs
$11 million for cities and $5.5 million for counties (annually)
Varies by grant category; many require no match
Local: 50% Immediate: 20%
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