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COVID-19 Iowa Eviction and Foreclosure Prevention Program

Posted By Administration, Monday, June 1, 2020
Governor Reynolds has allocated federal CARES Act funds to assist Iowans who have been economically impacted by COVID-19 and may have difficulty paying their rent or mortgage payments.
 
Today, Governor Reynolds announced that the Iowa Finance Authority has launched the COVID-19 Iowa Eviction and Foreclosure Prevention Program and the online application is now available.
 
ELIGIBLE IOWANS
  • Current renters and homeowners that are at risk of eviction or foreclosure due to a documented COVID-19 related loss of income after March 17, 2020.
  • Household income at the time of application may not exceed 80% of the median family income, which varies by household size and county, a listing of income limits is available here.
  • Must not be currently receiving the $600 additional federal CARES Act stimulus unemployment benefits.
  • Additional eligibility information is available here.
ASSISTANCE AVAILABLE 
  • Rental assistance for up to four months, including up to two months in arrears, beginning with April 1 rent, ($3,200 maximum).
  • Includes manufactured home rent and lot rent
  • Mortgage assistance, including up to two months in arrears, beginning with April 1 mortgage payment, ($3,000 maximum).
APPLICATION
 
Additional program details and the application are available at IowaHousingRecovery.com.

Tags:  CARES Act  COVID-19  IFA 

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