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$100 million from the American Rescue Plan Act will go toward addressing Iowa’s housing shortage

Davenport, IOWA – According to the statement, Governor Reynolds said that $230 million in increased funding passed last legislative session will go towards current programs that support housing.

The additional $100 million dollars, announced on Wednesday, means a total of $330 million is being allocated to this issue.

Iowa is expected to gain 47,000 more households by 2030.

Governor Reynolds says that this money will go toward several initiatives.

That includes building an estimated 36,450 new housing units in the state, and the focus on increasing housing isn’t just happening in the urban areas.

$20 million of the dedicated dollars will help establish more housing in the downtowns of communities with fewer than 30,000 people.

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