The Housing Trust Fund of Johnson County is currently offering $2,900,000 in funding to support the development and/or rehabilitation of housing provided to qualified households with incomes below 80% of the Area Median Income (AMI).  A minimum of $368,000 is earmarked for housing located within the City of North Liberty. 

Eligible applicants include businesses, nonprofit organizations, builders, developers, and governmental agencies seeking funds for affordable owner-occupied, rental, transitional or emergency housing in Johnson County. 

The application deadline is January 3, 2025 at 11:00 a.m. The application, income guidelines, and additional information is available online at www.htfjc.org under the Programs tab Revolving Loan Program section or by calling 319-358-0212.

While the critical shortage of affordable housing for people with low incomes is a national problem, Johnson County is one of the most expensive places to live in Iowa and affordable options have not kept pace with the need. 

According to the U.S. Department of Housing and Urban Development (HUD) there were 8,910 households in Johnson County in 2021 who were paying more than 50% of their income on their housing costs which translates to being extremely cost-burdened.  HUD also reports that there were 11,185 households that year with extremely low incomes which is 18% of all households in Johnson County. 

The Housing Trust Fund of Johnson County, a 501 (c) (3) not-for-profit entity, was founded in 2004 and has invested more than $17 million in creating and preserving housing that is affordable for 1,300 households with low incomes. Questions can be directed to Ellen McCabe, Executive Director, Housing Trust Fund of Johnson County, [email protected], 319-358-0212.