Governor's Housing Bill Takes First Step Forward This Week!

In an important week, the Governor’s ambitious omnibus housing bill was introduced in both the House and the Senate, and the Senate bill has already passed out of the first Senate subcommittee. The Des Moines Register ran a story on the Governor’s bill, quoting several Iowa Housing Partnership members.

This year more than any year in the past offers significant potential for moving affordable housing forward. Iowa Housing Partnership’s Legislative Team is coordinating a coalition of fellow lobbyists for the Iowa Business Council, financial institutions, Habitat for Humanity, Professional Developers of Iowa, Housing Trust Funds, and Council of Governments, all either members of the Housing Partnership or other stakeholders supporting the governor’s initiatives.

Below is our legislative update on items impacting housing, which we will send out weekly during the session. We would encourage you to contact your local legislators. You can find contact information here.  Many legislators are having virtual or in-person town halls.  We list those below – and we encourage you to participate to voice your support for the Governor’s proposal.

The fourth week of session kept up a rapid pace with more and more bills being filed this week. The week was full of subcommittee and committee work as well, with legislators considering many bills before moving them onto to the next step. In addition, legislators also debated bills on the full House and Senate floors. Iowa Housing Partnership is following several bills relating to affordable housing; below are this week’s highlights.

SSB 1142/HSB 178:Governor Reynolds’ omnibus housing legislation would:  

  • Create a state-level housing tax credit to help in the building of affordable housing with funding up to $15 million, which will leverage an additional $23 million of federal incentives
  • Double the funding to Iowa’s very successful Workforce Housing Tax Credit program from $25 million to $50 million
  • Expand the Redevelopment Credit from $10 to $20 million, which enables the redevelopment of brownfield and greyfields throughout Iowa’s communities.
  • Increase funding to the State Housing Trust Funds by removing the cap on the real estate transfer tax

A Senate subcommittee moved SSB 1142 on Thursday; it will now be considered by the Local Government committee. Iowa Housing Partnership is collaborating with housing advocates and stakeholders across the state to support the initiatives. Iowa Housing Partnership supports. 

SF 10: This legislation, sponsored by Senator Lofgren, removes the cap on the real estate transfer tax, which is also part of the Governor’s plan. Iowa Housing Partnership supports. 

HF 21: This legislation aims to provide property tax exemptions for properties located in areas previously ‘redlined’ and subjected to lending discrimination. A subcommittee was scheduled this week but canceled. Iowa Housing Partnership is undecided. 

SF100: Senator Mark Lofgren introduced SF100 again this session providing for the creation of land banks. Iowa Housing Partnership supports. 

SF 252/HSB 171: This legislation prohibits cities and counties from passing ordinances that bar landlords from refusing to accept housing vouchers.  The bill was moved forward by the subcommittee and passed out of the Senate Local Government committee this week. Iowa Housing Partnership opposes.