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  5. ›666996 - CDBG 2024 Disaster Recovery - Housing

Iowa Economic Development Authority·Iowa

666996 - CDBG 2024 Disaster Recovery - Housing

Closes 10/7/2026$500k – $5MGrants Notice
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Description

The Iowa Economic Development Authority is offering $40 million in CDBG‑DR funds for new rental and single‑family housing construction in designated disaster‑impacted counties. The program supports development of rental units (≤ 80 % AMI) and single‑family homes with associated home‑buyer assistance, emphasizing resilience, mitigation, and compliance with the National Green Building Standard. Eligible applicants are units of general local government (UGLGs) or tribal entities that partner with a qualified developer. Funding includes construction incentives, mitigation incentives, infrastructure support, and, for single‑family projects, home‑buyer assistance.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Megan Culp(Program Officer)

(919) 610-5092

Key dates

Opened
7/1/2026
Closes
10/7/2026

Last updated

Details

Type
Grants Notice
Industry
Construction
NAICS
236115
Solicitation №
666996

Budget estimate

$500,000 – $5,000,000

The total program budget is $40 million ($10 M for rental housing plus $30 M for single‑family). Assuming a developer or contractor captures roughly 5‑15 % of total funding as profit (typical for large‑scale housing projects), expected earnings could range from $500 k to $5 M. This estimate depends on project size, unit count, and scope (e.g., if the contractor also provides design, engineering, or mitigation services).

AI estimate from the solicitation

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