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HP Fund application 2023 FYGrants are available for owner-occupied homes where the household income is 140% of the median income or less. Grants provide funding for 50% of the total cost of qualified exterior rehabilitation or preservation projects with a maximum grant amount of $5,000 per project. Grants Loans are available for landlords and homeowners with household incomes over the 140% median income limit for the grants. Loans provide funding for 50% of the total cost of qualified exterior rehabilitation or preservation projects with a maximum loan amount of $5,000 per project. Loans Eligible Properties •In a Historic District, or •In a Conservation District, or •A Local Landmark Properties in Districts must be •Key Contributing, or •Contributing, or •Non-contributing* Non-historic properties are not eligible Eligible Projects Funded work will only include exterior work that meets the Iowa City Historic Preservation Guidelines, the Secretary of the Interior’s Standards for Rehabilitation, and generally involve a restoration or repair of original materials. Use of Funds Grant and loan funds may be used for costs of professional architectural services, materials, and skilled labor. Homeowner and volunteer labor may not be reimbursed. All applications must include at least two estimates by contractors. Funds must be used within 12 months of funding approval unless a written request for extension is approved. Receipts and photographs of completed work must be submitted for reimbursement. Any one applicant may receive one or two grants or loans per fiscal year (July 1 – June 30). Loans are no interest and payments are due beginning the month after the completion of the project for 5 years until the loan is repaid. Eligible project examples •repairing original windows and storms •removing aluminum, vinyl, or asbestos siding •repairing deteriorated trim •repairing architectural details •repairing internal gutters •re-opening an enclosed porch •re-pointing historic masonry. *Non-Contributing properties are historic properties that have been remodeled to remove architectural features or have replacement siding and windows or similar features that diminish the historic character of the property. Funding to restore historic features or remove non-historic materials must improve the property so that it can be reclassified as Contributing to its Historic or Conservation District. Contact For more information contact Historic Preservation: (319) 356-5243 or jessica-bristow@iowa-city.org The Historic Preservation Fund Program is designed to provide owners of historic properties with financial assistance for the rehabilitation and preservation of the exterior architectural features of their property. Two Types of Funding Household Size Maximum Income Limit (140% of median income) 1 person $106,820 2 people $122,080 3 people $137,340 4 people $152,600 Iowa City Historic Preservation Fund Program Iowa City Historic Preservation Fund Program Application Property Information Owner Information Contact Type of Funding Project Description Yes No Project Cost Funding for 50% of the total cost of qualified exterior rehabilitation or preservation projects with a maximum loan amount of $5,000 per project. Yes No Grants are available for owner-occupied homes where the household income is 140% of the median income or less. Phone Number: City: State: Property Owner Name: Address: Zip Code: Email: Address: District:Classification: Loan Grant Loans are available for landlords and homeowners with household incomes over the 140% median income limit for grants. Property is owner occupied? For more information contact Jessica Bristow: (319) 356-5243 or jessica-bristow@iowa-city.org Family Size: Income: Submit documentation of family size and income for application review including tax returns for the household and documentation of non-wage income Estimated Cost:Funding Request: Certificate of Appropriateness Acquired? Estimates received from at least two contractors?Yes No Download form, fill it out and email it to jessica-bristow@iowa-city.org or print and mail it to Historic Preservation, City of Iowa City, 410 E. Washington St., Iowa City, IA 52240 Add additional pages as necessary To submit Application: Application Date: