Iowa SF2246 appropriates $750,000 to the Iowa finance authority for the military home ownership assistance program.
Iowa SF2246 allocates $750,000 from the state's general fund to the Iowa finance authority for the fiscal year 2025-2026. This funding is intended to support the military home ownership assistance program, which offers financial aid to current and former members of the United States armed forces for purchasing homes. This appropriation supplements the $2.2 million already allocated for the program in the same fiscal year. Any unencumbered or unobligated funds at the fiscal year's end will remain available for the program's designated purposes until the close of the succeeding fiscal year.
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