Osceola County EDC encourages use of Northwest Iowa Regional Housing Trust Fund
The Northwest Iowa Regional Housing Trust Fund is an
independent, nonprofit organization that was established in 2009 to address the
housing needs of low and moderate income residents in Northwest Iowa, including
Osceola County.
Any homeowner living in Buena Vista, Clay, Dickinson, Emmet,
Lyon, O’Brien, Osceola, and Sioux County who has a gross Annual Income Under
80% of the Area Median Income Limits (AMI) is eligible to apply.
Financial assistance is provided to low to moderate income
homeowners to make necessary home repairs. The financial assistance can be in
the form of both forgivable grants and loans, and/or low interest loans (2%)
depending on the homeowner’s income. At least 30% of the trust’s funds are set
aside to assist households with incomes under 30% of the area median income.
Osceola County residents who meet the income limits can
qualify for various forms of assistance, including emergency repairs and rental
rehab. Mobile home owners can also be eligible for emergent repairs such as hot
water heater replacements, furnace repairs/replacements, or handicap
accessibility.
Applications can be submitted at any time.
The Northwest Iowa Regional Housing Trust Fund is run
through the Northwest Iowa Planning and
Development Commission, based in Spencer. In 2018, a total of $288,981 was
distributed to housing projects: $218,290 in grants, and $70,691 in loans.
For more information, or application materials, please contact
the Osceola County Economic Development Commission office on 712-754-2523, or
in the Osceola County Courthouse in Sibley. Application materials can be found
on the Osceola County EDC website here.