Last week, the Iowa Finance Authority Board of Directors announced more than $11.2 million in grants to 26 Local Housing Trust Funds to support local housing initiatives.

Receiving just over $403,000 was the East Central Iowa Housing Trust Fund, serving Benton, Iowa, Jones, and Washington County. The AHEAD Regional Housing Trust Fund, which serves six counties including Jefferson and Keokuk, was awarded nearly $428,000. Great River Housing received more than $435,000 to continue serving Des Moines, Henry, Lee, and Louisa Counties, while the Housing Trust Fund of Johnson County was awarded nearly $445,000.

These grants will support a range of initiatives aimed at developing or preserving housing for low-income households across the spectrum of housing needs. This round of awards is anticipated to assist 2,824 families.

Since its inception in 2003, The State Housing Trust Fund has provided $123.6 million in affordable housing assistance to benefit nearly 38,000 families while leveraging more than $180 million in other funding resources.