At least 30% of the distributions will be used to benefit extremely low income households How Do You Apply? (households with less than 30% of the statewide median family income). Applications can be obtained by contacting Carl W. Reimer at 563-690-5732 or What Will We Fund? 800-942-4648 ext 215 or down-loaded at Eligible properties include both owner occupied and rental units in our five (5) county region Owner occupied re-  EIRHC HTF quirements: Applicant must occupy the prop- erty and maintain the Board Members: improvements for the life of the loan. Property Randy Schmerbach, Chair, Dubuque County must be in compliance with health and Dave Heiar, Vice Chair, Jackson County safety codes. Applicant must have title to Wayne Breckon, Treasurer, Dubuque County the home at the time of application. Taxes Elise Bergan, Delaware County and insurance must be current. Lynne Pinegar, Cedar County Rental requirements: Units must be  Nathan Sondgeroth, Clinton County rented to households with incomes not more than 80% of the statewide MFI. All Matt Trannel, Jackson County dwelling units must rent at or below the Steve Lidner, Clinton County County Fair Market Rent, as determined Chris Nosbisch, Cedar County by HUD throughout the life of the loan. Ray Stephans, Dubuque County Borrower must provide 25% in match Brenda Tebbe, Jackson County funds for the amount of the program loan, with a $25,000 max per unit. Units Tim Vick, Delaware County must, at the completion of project, meet Donna Boss, Delaware County Section 8 Housing Quality Standards and be in compliance with all applicable local health and safety codes. Taxes and insurance must be current. Eastern Iowa Regional Housing Corporation Local Housing Trust Fund Eligible projects include rehabs and repairs of exist- ing housing, including, but not limited to: plumbing, electrical, roofing, struc- tural, This is an equal opportunity program; energy efficiency, lead based paint issues Discrimination is prohibited by Federal Law and handicap accessibility.
At least 30% of the distributions will be used to benefit extremely low income households (households with less than 30% of the statewide median family income). What Will We Fund? Eligible properties include both owner occupied and rental units in our five (5) county region  Owner occupied re- quirements: Applicant must occupy the prop- erty and maintain the improvements for the life of the loan. Property must be in compliance with health and safety codes. Applicant must have title to the home at the time of application. Taxes and insurance must be current.  Rental requirements: Units must be rented to households with incomes not more than 80% of the statewide MFI. All dwelling units must rent at or below the County Fair Market Rent, as determined by HUD throughout the life of the loan. Borrower must provide 25% in match funds for the amount of the program loan, with a $25,000 max per unit. Units must, at the completion of project, meet Section 8 Housing Quality Standards and be in compliance with all applicable local health and safety codes. Taxes and insurance must be current. Eligible projects include rehabs and repairs of exist- ing housing, including, but not limited to: plumbing, electrical, roofing, struc- tural, energy efficiency, lead based paint issues and handicap accessibility. How Do You Apply? Applications can be obtained by contacting Carl W. Reimer at 563-690-5732 or 800-942-4648 ext 215 or down-loaded at EIRHC HTF Board Members: Randy Schmerbach, Chair, Dubuque County Dave Heiar, Vice Chair, Jackson County Wayne Breckon, Treasurer, Dubuque County Elise Bergan, Delaware County Lynne Pinegar, Cedar County Nathan Sondgeroth, Clinton County Matt Trannel, Jackson County Steve Lidner, Clinton County Chris Nosbisch, Cedar County Ray Stephans, Dubuque County Brenda Tebbe, Jackson County Tim Vick, Delaware County Donna Boss, Delaware County Eastern Iowa Regional Housing Corporation Local Housing Trust Fund This is an equal opportunity program; Discrimination is prohibited by Federal Law
EIRHC-March-2015.docx