HomeMy WebLinkAboutHousing Rehab Flyer 2022Does your home need repairs?
The city may be able to help with roofing, windows, and
siding, foundation, heating, electrical and plumbing,
radon and insulation, grab bars, and ramps, and more!
There is no cost to apply
A professional inspector oversees
the rehabilitaƟon process.
You may qualify if:
home is within Iowa City limits
own/occupy and is a single‐family home
enough equity in your home
total gross annual household income falls
below the limit for the program.
Iowa City offers two programs:
Housing RehabilitaƟon
(funded with federal CDBG & HOME funds)
If your home is located in one of the targeted areas
(map on back), half of your eligible project cost will
be forgiven in five years. If outside the area, you’re
eligible for 0% interest loans or deferred payment
loans.
GRIP program
Low interest loans paid over a 20‐year period.
Maximum Income Limit by Program
Household
Size
CDBG/HOME
(80% MI)
GRIP
(110% MI)
1 $61,050 $83,930
2 $69,800 $95,920
3 $78,500 $107,910
4 $87,200 $119,900
5 $94,200 $129,580
6 $101,200 $139,150
7 $108,150 $148,720
8 $115,150 $158,290
EffecƟve 6/15/2022
For more info and
how to apply:
www.icgov.org/housingrehab
neighborhoods@iowa‐city.org
319‐356‐5246
Housing RehabilitaƟon Office
410 E Washington St,
Iowa City, IA 52240
City of Iowa City Targeted RehabilitaƟon Areas