Iowa Finance Authority awards $25,000 grant from State Housing Trust Fund to support affordable housing in Oelwein

Des Moines, IA – April 7, 2010 – (RealEstateRama) — The Iowa Finance Authority (IFA) Board of Directors recently approved a grant of $25,000 to the Northeast Iowa Community Action Corporation (NEICAC) to help advance affordable homeownership in Oelwein. The funding is made available through the State Housing Trust Fund’s Project-Based program. The program provides financing for the development of affordable single-family and multifamily housing units