COVID-19 impacted renters and homeowners are now able to apply for assistance with rent and mortgage payments through two assistance programs. One is the Iowa Rent and Utility Assistance Program providing eligible COVID-19 impacted renters with rent and/or utility assistance for a total of up to 12 months. The State of Iowa was awarded $195 million for the program through the Consolidated Appropriations Act of 2021, which was passed by Congress late last year and is administered by the Department of Treasury. Full eligibility details for the Iowa Rent and Utility Assistance Program, including an eligibility precheck is available at iowahousingrecovery.com.
In addition, the Iowa Homeowner Foreclosure Prevention Program will be reopened to provide eligible COVID impacted homeowners at imminent risk of foreclosure with mortgage assistance for up to four months, with a maximum assistance per household of $3,600. The short-term program will be available until funds are exhausted or a new federal program is launched. Program funding is provided through federal CARES Act funds. Program eligibility details and requirements are also available at iowahousingrecovery.com.