State Housing Trust Fund State Housing Trust Funds are administered by the Iowa Finance Authority and are available to HFHIowa affiliates who do not have a Local Housing Trust Fund in their community or county. Funds are available through the Project-Based Housing Program which aids the development and rehabilitation of single-family housing. Iowa Department of Economic Development Housing Fund The purpose of the Housing Fund is to expand and preserve the supply of decent and affordable housing for low- and very low-income Iowans. HFHIowa affiliates may request to include one or more projects (homes), and if selected may use the funds for homeownership assistance. Habitat Endowment Loan Program Habitat Endowment Loan Program, formerly known as Accelerated Asset Recovery, is a program funded by the Iowa Finance Authority which provides low interest cash flow loans to HFH affiliates. The goal of the program is to provide capital for the affiliate to build more affordable homes using the value of the mortgages using their mortgage portfolio. AmeriCorps State AmeriCorps State members are Americans of all ages who have voluntarily dedicated a year of their time to serve their communities and country. Habitat for Humanity of Iowa currently has two AmeriCorps State projects: 1) involving 11 full-time, 6 part-time, and 2 quarter-time AmeriCorps members; and 2) a Stimulus Recovery Program involving 20 quarter-time and 20 full-time members. Advocacy HFHIowa advocates for affordable housing on the national, state, and local level. We participate in housing advocacy groups, volunteer opportunities, and disaster recovery on the national and state level. Training HFHIowa trains AmeriCorps members, conducts training for HOME Funds grant recipients and plans statewide conferences and training programs. ** Each HFH affiliate who participates in HFHIowa funding must have a Readiness packet on file with us. Readiness packets are due July 1, 2010. ** For more information on new policies included in the 2010 Readiness file and to see samples please click here. | 
