345131 - CDBG Housing Upper Story Conversion

This Iowa Economic Development Authority (IEDA) Community Development Block Grant (CDBG) program funds the conversion of upper stories in existing, vacant, un‑occupiable buildings into new residential units. Eligible applicants may receive up to $400,000 per project, with a maximum of four units at $100,000 each. The program requires compliance with HUD, environmental, historical preservation, and audit regulations, and an architect’s cost‑estimate and renderings must be submitted (architect fees are not reimbursable). The funding period runs from December 1 2026 through December 1 2030. • Eligible projects: conversion of vacant upper‑story space into up to four new rental units. • Funding limit: $400,000 total; $100,000 per unit, with no limit on number of projects. • Compliance requirements: 2 CFR 200 audit rules, HUD environmental and historic preservation reviews, and Uniform Relocation Review if acquisition/relocation is involved. • Application deadline: August 17 2026, 11:59 PM. • Primary contact: Program Officer Joyce Brown (email [email protected], phone (515) 348‑6209).