Tuesday, October 12, 2010

Housing Grant Program

Steere Home Builders is proud to continue in our partnership with INRCOG (Iowa Northland Regional Council of Governments) and also expand to other cities to provide affordable housing for Iowans.

In the cities of Waverly, Shell Rock, and Nashua Steere Home Builders will construct new homes for homeowners who qualify for the program.  Qualifying residents will receive (in the form of a 5 year forgivable loan) 25% down payment towards the purchase of a new home. 

“We’re very excited to be a part of this initiative for Iowans”, said Shawn Steere of Steere Home Builders.  “A lot of families are still recovering from the flood a couple of years ago and attempting to rebuild their homes.  This gives them some incentives to stay in their hometown and build a new home.”

There are restrictions and income guidelines to the program.  “It isn’t something you will want to wait on”, said Steere.  “There are a limited number of homes we are able to build.  Therefore, we are encouraging residents to stop in right away to get more information on the program to see if they qualify”.

For more information on the grant program and a step by step process of how to proceed, contact Steere Home Builders at 319-352-1013 or the economic development directors in Waverly and Nashua.  You can also contact INRCOG for details as well.

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