Southwest Iowa Housing Trust Fund
The Southwest Iowa Housing Trust Fund, Inc. was created in 2006 with a mission to “improve affordable housing options in southwest Iowa.” By the end of FY 2009, we had provided 228 services for $1,104,953. We expect to grow each year as we find more and more opportunities to address housing needs in the counties of Cass, Fremont, Harrison, Mills, Montgomery, Page, Pottawattamie (excluding Council Bluffs) and Shelby Counties.
Our services fall into the following areas:
Housing Repairs to address health, safety, and energy efficient deficiencies in owner-occupied homes. We assisted 174 households through June 30, 2009. We continue to maintain a waiting list of over 200 households. Most common work items are roofs, furnaces, and windows.
Homeownership Assistance to help lower income households purchase their own home. The assistance is the form of 5-year forgivable loans and low interest loans. We provided 54 loans for $273,183.
Purchase, Rehab, & Resell is a new form of improvement that started in FY 2009. Our first home is in Shelby and needed extensive repairs and energy improvements. The home has 5 bedrooms, 2 bathrooms, open living space, garage, etc. Work is completed and is ready for purchase by a family meeting income limits. West Central Community Action is a partner in this project. Once this house is sold, we will purchase, remodel, and resell another home in southwest Iowa.
Rental Repair is a new program starting in FY 2010. The units must be owned by a non-profit entity and must house residents that meet 30% of median income limits. The properties can include transitional housing, such as domestic abuse or homeless shelters.
Demolition of blighted properties also is a new program starting in FY 2010. There is a very limited amount of money and assistance is on a first-come first-serve basis. It will pay for one-half the cost to demolish an unsafe building and create a buildable lot.
A big part of the SWIHTF is our Partnership Program. Our Partners are counties, cities, real estate agencies, banks, contractors, etc. that believe in our mission, to “improve affordable housing options in southwest Iowa.”
Their tax free contributions help leverage the state and federal grant funds and are essential to our ability to continue services. We greatly appreciate the contributions and hope you consider being a PARTNER too!
Thanks to our 2009 Partners |
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Diamond Membership ~ $1,000+ |
Silver Membership ~ |
Bronze Membership ~ $100-$299 |
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Agri-Metro Realty LLC |
Boustead Real Estate |
Southwest Iowa Housing Trust Fund Board of Directors
| Randy Baxter | Government/Community Development | Cass County |
| Cory Gordon | Real Estate | Fremont County |
| Lori Holste | Economic & Community Dev. | Pottawattamie County |
| Kate Kaminsky | Attorney | Mills County |
| Roger Kenkel | Banking | Harrison County |
| Terry Knapp | Real Estate | Shelby County |
| Gary McClarnon | Government | Page County |
| Jim Parker | Developer | Montgomery County |
| Brad Wright | Government | Montgomery County |
The Housing Program at SWIPCO is a two part program. It provides services within the SWIPCO territory and it works cooperatively with the Southwest Iowa Housing Trust Fund, Inc. (SWIHTF), sharing staff and administrative facilities. On this page you find details regarding the services offered through SWIHTF programming. Details regarding the other housing services offered by SWIPCO can be found on the SWIPCO Housing Page.


