Iowa HF1037 modifies economic development provisions to include workforce housing and limits housing assistance in urban renewal areas.

Iowa HF1037 modifies economic development provisions to include workforce housing and limits housing assistance in urban renewal areas. The bill amends the definition of "economic development" to include workforce housing and adds development policies that advance workforce housing to the list of factors considered before public funds are used for economic development. It also modifies the definition of "low and moderate income families" to "low and moderate income families" to align with the terminology usage within the Code chapter.

Iowa HF1037 modifies economic development provisions to include workforce housing and limits housing assistance in urban renewal areas.

Iowa HF1037 modifies economic development provisions to include workforce housing and limits housing assistance in urban renewal areas. The bill amends the definition of "economic development" to include workforce housing and adds development policies that advance workforce housing to the list of factors considered before public funds are used for economic development. It also modifies the definition of "low and moderate income families" to "low and moderate income families" to align with the terminology usage within the Code chapter.