Housing Trust Fund of Johnson County increasing funding
Edited release
05/12/25
The Housing Trust Fund of Johnson County has announced they’re increasing the amount of financial support during the upcoming summer funding round through the Revolving Loan Fund.
According to a release from the non-profit, the Trust Fund specializes in offering below market rate interest and other terms based on the income levels to be served, the length of time the housing will remain affordable to people with low incomes, and other factors.
Currently the maximum guideline for any new housing is $50,000 per unit, and this will increase based on the size of the housing to be developed. For example, the maximum award for a two-bedroom dwelling will now double to $100,000.
To preserve housing that is affordable through rehabilitation, the maximum award guideline is currently $25,000 and will increase during the next round based on the size of the unit. A two-bedroom dwelling, for example, will now allow for up to $50,000 in rehabilitation support.
The application window for the summer funding round, with the higher maximum awards, is anticipated to be announced on May 30 and applications will be due the first week of July. Funding decisions are expected in late July.
Those interested in applying for support to provide and/or preserve housing for people with low incomes should contact the Housing Trust Fund of Johnson County at 319-358-0212. For a sample application along with application guidance, click the link below.