Description
The Rural Innovation Grant – “Housing 2.0” is a competitive, reimbursement‑based grant that supports innovative, one‑time housing projects in rural Iowa communities. Eligible entities (city, county, tribal governments, or nonprofit foundations) may request up to $50,000, provided they demonstrate a minimum 1.5 : 1 cash match (e.g., $25,000 cash for a $50,000 grant). Funds can be used for construction, land acquisition, major renovations, site development, professional services, and direct project labor (excluding benefits). Projects must be located in communities of ≤ 20,000 residents that are not contiguous to a city of ≥ 40,000, or in one of Iowa’s 88 least‑populous counties, and must be completed by June 30 2028. The grant does not cover ongoing operating costs, travel, insurance, benefits, or in‑kind contributions.
• Maximum award: $50,000 per applicant (reimbursement only).
• Cash‑match requirement: at least 1.5 : 1 cash match, secured and spendable on eligible costs.
• Eligible applicants: Iowa city/county/tribal governments and federally‑designated nonprofit agencies or foundations.
• Eligible uses: construction, land purchase, major renovations, site preparation, engineering/architectural/consulting services, and direct project personnel time.
• Ineligible uses: routine maintenance, utilities, insurance, employee benefits, travel, fundraising, lobbying, and any ongoing program expenses.