A bill for an act appropriating moneys to the Iowa finance authority for the home ownership assistance program for eligible service members.
Impact
This bill is expected to have a positive impact on state laws regarding veteran support and housing assistance. By directing significant funds towards the Iowa Finance Authority for this specific program, HF105 can help ensure that service members have better access to resources that facilitate home ownership. This aligns with broader goals of fostering community stability and rewarding service members for their dedication.
Summary
House File 105 (HF105) is a legislative proposal that aims to appropriate funds to the Iowa Finance Authority for the purpose of supporting a home ownership assistance program targeted at eligible service members. The bill allocates $2 million from the general fund of Iowa for the fiscal year 2023-2024. The intent of this funding is to aid current and former military service members in obtaining home ownership, thereby enhancing their stability and financial security.
Contention
While the bill appears to have broad support for its intent to assist service members, there may be points of contention regarding the sufficiency of the appropriated funds and its long-term effectiveness. Some critics may argue that relying on a one-time appropriation of $2 million may not be adequate to meet the ongoing housing needs of service members or that more comprehensive housing strategies should be considered. Additionally, there could be discussions on the eligibility criteria for the program and how effectively the funds will be distributed.
A bill for an act making appropriations to the economic development authority, the Iowa finance authority, the public employment relations board, the department of workforce development, and the state board of regents and certain regents institutions, and providing for properly related matters.(See SF 559.)
A bill for an act relating to and making appropriations for the economic development of the state, including to the economic development authority, the Iowa finance authority, the public employment relations board, the department of workforce development, and the state board of regents and certain regents institutions, and providing for properly related matters including membership in councils of governments.
A bill for an act creating a jobs and infrastructure revolving fund and program administered by the Iowa finance authority, and making appropriations.(See SF 2413.)
A bill for an act relating to and making appropriations for the economic development of the state, including to the economic development authority, the Iowa finance authority, the public employment relations board, the department of workforce development, and the state board of regents and certain regents institutions, and by modifying provisions relating to the pathways for academic career and employment program, the apprenticeship training program, and new jobs training agreements.(Formerly HSB 249.)