Workshop to address affordable housing in Iowa

Risks and rewards of federal Low-Income Tax Credit Program featured topic
 
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A two-day workshop designed to explain the intricacies of the federal Low-Income Housing Tax Credit program and encourage successful housing partnerships in Iowa will be presented Monday and Tuesday, April 22 and 23 in Altoona, Iowa.
The workshop, "Housing Tax Credits: Beyond the Basics," will be held at the Adventureland Inn conference center. It is co-sponsored by Heartland Properties, Inc. (HPI), an Alliant Energy Company, the Iowa Department of Elder Affairs, Iowa Finance Authority, Iowa Equity Fund, Iowa Coalition for Housing and the Homeless and the Iowa Department of Economic Development.
According to Scott Fitzpatrick, Iowa housing manager for Heartland Properties, the workshop will help non-profit agencies, community leaders, and property developers understand the risks and rewards of the federal Low-Income Housing Tax Credit program. "We aim to provide a forum for people to discuss the state's housing needs and learn about ways to partner successfully to ensure all Iowans have access to safe and affordable housing."
Workshop speakers will cover such topics as new approaches to expanding home ownership through tax credits, ways to budget and finance affordable housing projects, fair housing rules and regulations, new property tax rules and more.
Joseph Hagan, president of the National Equity Fund, will deliver the keynote address titled "Industry Trends . . . A National Perspective on Affordable Housing" during lunch on Monday. Michael Tramontina, executive director of the Iowa Finance Authority, will present "What's Ahead for Housing in Iowa?" during the noon hour on Tuesday.
"The availability of affordable housing is a critical economic development issue across the state of Iowa today. Having enough affordable housing options is essential for retaining and expanding businesses and recruiting new employers," explains Dean Baumgardner, vice president of Heartland Properties. "The power of this workshop lies in the partnerships supporting it. Participants will walk away with ideas and tools they can use to make their communities stronger."
People interested in attending the Housing Tax Credits: Beyond the Basics workshop, can register online at www.heartland-properties.com or by calling (800) 942-4522. The cost of the workshop is $50 and includes educational materials and lunches.
About the workshop sponsors:
Dot  Heartland Properties, Inc. invests in high quality affordable housing for families, older adults and persons with special needs in America's heartland. Founded in 1988, HPI works with communities to meet housing needs and has created more than 5,700 apartment homes. The company applies its affordable housing expertise to acquire, finance and manage housing assets for the mutual benefit of communities, residents and development partners. Alliant Energy is committed to the economic growth of the more than 1,000 communities it serves in Iowa, Minnesota, Wisconsin and Illinois.
Dot  Iowa Finance Authority administers the federal Low Income Housing Tax Credit program (IRS Section 42) for the State of Iowa and is celebrating more than 25 years of expanding home ownership and affordable housing in Iowa.
Dot  Iowa Department of Economic Development strives to improve the economic well being and quality of life of Iowans working with the communities across the state to develop business, international trade, workforce, tourism, housing and community facilities and services.
Dot  Iowa Department of Elder Affairs responds to the needs and opportunities of an aging society by providing leadership to empower and enhance the lives of older persons. The HCBS Division works to advance the availability of quality elder housing and community-based services.
Dot  Iowa Coalition for Housing and the Homeless works to end homelessness and create housing options for low- and moderate-income Iowans through policy development, education and technical assistance. ICHH is a non-profit agency with more than 350 members statewide.
Dot  Iowa Equity Fund was created to enhance production, rehabilitation and preservation of affordable housing in Iowa.

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