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HF2772 • 2026

A bill for an act relating to and making appropriations for the economic development of the state, including to the economic development authority, Iowa finance authority, department of workforce development, and state board of regents and certain regents institutions, and codifying the housing renewal program. (Formerly HSB 773 .) Effective date: 07/01/2026

A bill for an act relating to and making appropriations for the economic development of the state, including to the economic development authority, Iowa finance authority, department of workforce development, and state board of regents and certain regents institutions, and codifying the housing renewal program. (Formerly HSB 773 .) Effective date: 07/01/2026

Budget Housing
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
COMMITTEE ON APPROPRIATIONS
Last action
2026-05-06
Official status
Reported correctly enrolled, signed by Speaker and President, and sent to Governor. H.J. 05/06 .
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

A bill for an act relating to and making appropriations for the economic development of the state, including to the economic development authority, Iowa finance authority, department of workforce development, and state board of regents and certain regents institutions, and codifying the housing renewal program. (Formerly HSB 773 .) Effective date: 07/01/2026

A bill for an act relating to and making appropriations for the economic development of the state, including to the economic development authority, Iowa finance authority, department of workforce development, and state board of regents and certain regents institutions, and codifying the housing renewal program.

What This Bill Does

  • A bill for an act relating to and making appropriations for the economic development of the state, including to the economic development authority, Iowa finance authority, department of workforce development, and state board of regents and certain regents institutions, and codifying the housing renewal program.
  • (Formerly HSB 773 .) Effective date: 07/01/2026

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-05-06 Iowa Legislature

    Reported correctly enrolled, signed by Speaker and President, and sent to Governor. H.J. 05/06 .

  2. 2026-04-29 Iowa Legislature

    Message from Senate. H.J. 1033 .

  3. 2026-04-28 Iowa Legislature

    Immediate message. S.J. 910 .

  4. 2026-04-28 Iowa Legislature

    Passed Senate , yeas 30, nays 16. S.J. 909 .

  5. 2026-04-28 Iowa Legislature

    Substituted for SF 2485 . S.J. 908 .

  6. 2026-04-28 Iowa Legislature

    Read first time, attached to SF 2485 . S.J. 906 .

  7. 2026-04-28 Iowa Legislature

    Message from House. S.J. 906 .

  8. 2026-04-28 Iowa Legislature

    Immediate message. H.J. 1032 .

  9. 2026-04-28 Iowa Legislature

    Passed House , yeas 57, nays 32. H.J. 1030 .

  10. 2026-04-28 Iowa Legislature

    Motion to suspend rules failed. H.J. 1030 .

  11. 2026-04-28 Iowa Legislature

    Motion to suspend rules for immediate consideration of amendment H-8427 , yeas 28, nays 62. H.J. 1029 .

  12. 2026-04-28 Iowa Legislature

    Point of order raised on amendment H-8427 , ruled not germane. H.J. 1029 .

  13. 2026-04-28 Iowa Legislature

    Amendment H-8427 filed. H.J. 1029 .

  14. 2026-04-28 Iowa Legislature

    Motion to suspend rules failed. H.J. 1028 .

  15. 2026-04-28 Iowa Legislature

    Motion to suspend rules for immediate consideration of amendment H-8426 , yeas 30, nays 60. H.J. 1028 .

  16. 2026-04-28 Iowa Legislature

    Point of order raised on amendment H-8426 , ruled not germane. H.J. 1027 .

  17. 2026-04-28 Iowa Legislature

    Amendment H-8426 filed. H.J. 1027 .

  18. 2026-04-28 Iowa Legislature

    Motion to suspend rules failed. H.J. 1027 .

  19. 2026-04-28 Iowa Legislature

    Motion to suspend rules for immediate consideration of amendment H-8425 , yeas 28, nays 62. H.J. 1027 .

  20. 2026-04-28 Iowa Legislature

    Point of order raised on amendment H-8425 , ruled not germane. H.J. 1026 .

  21. 2026-04-28 Iowa Legislature

    Amendment H-8425 filed. H.J. 1026 .

  22. 2026-04-28 Iowa Legislature

    Motion to suspend rules failed. H.J. 1026 .

  23. 2026-04-28 Iowa Legislature

    Motion to suspend rules for immediate consideration of amendment H-8424 , yeas 29, nays 61. H.J. 1025 .

  24. 2026-04-28 Iowa Legislature

    Point of order raised on amendment H-8424 , ruled not germane. H.J. 1025 .

  25. 2026-04-28 Iowa Legislature

    Amendment H-8424 filed. H.J. 1025 .

  26. 2026-04-28 Iowa Legislature

    Motion to suspend rules failed. H.J. 1025 .

  27. 2026-04-28 Iowa Legislature

    Motion to suspend rules for immediate consideration of amendmend H-8423 , yeas 29, nays 61. H.J. 1024 .

  28. 2026-04-28 Iowa Legislature

    Point of order raised on amendment H-8423 , ruled not germane. H.J. 1023 .

  29. 2026-04-28 Iowa Legislature

    Amendment H-8423 filed. H.J. 1023 .

  30. 2026-04-28 Iowa Legislature

    Amendment H-8415 filed, adopted. H.J. 1023 .

  31. 2026-04-28 Iowa Legislature

    Amendment H-8383 , yeas 26, nays 62, lost. H.J. 1022 .

  32. 2026-04-20 Iowa Legislature

    Amendment H-8383 filed. H.J. 953 .

  33. 2026-04-15 Iowa Legislature

    Introduced, placed on Appropriations calendar. H.J. 902 .

Official Summary Text

A bill for an act relating to and making appropriations for the economic development of the state, including to the economic development authority, Iowa finance authority, department of workforce development, and state board of regents and certain regents institutions, and codifying the housing renewal program. (Formerly HSB 773 .) Effective date: 07/01/2026

Current Bill Text

Read the full stored bill text
House

File

2772

-

Enrolled

House

File

2772

AN

ACT

RELATING

TO

AND

MAKING

APPROPRIATIONS

FOR

THE

ECONOMIC

DEVELOPMENT

OF

THE

STATE,

INCLUDING

TO

THE

ECONOMIC

DEVELOPMENT

AUTHORITY,

IOWA

FINANCE

AUTHORITY,

DEPARTMENT

OF

WORKFORCE

DEVELOPMENT,

AND

STATE

BOARD

OF

REGENTS

AND

CERTAIN

REGENTS

INSTITUTIONS,

AND

CODIFYING

THE

HOUSING

RENEWAL

PROGRAM.

BE

IT

ENACTED

BY

THE

GENERAL

ASSEMBLY

OF

THE

STATE

OF

IOWA:

House

File

2772,

p.

2

DIVISION

I

FY

2026-2027

APPROPRIATIONS

Section

1.

GOALS

AND

ACCOUNTABILITY

——

ECONOMIC

DEVELOPMENT.

1.

For

the

fiscal

year

beginning

July

1,

2026,

the

goals

for

the

economic

development

authority

shall

be

to

expand

and

stimulate

the

state

economy,

increase

the

wealth

of

Iowans,

and

increase

the

population

of

the

state.

2.

To

achieve

the

goals

in

subsection

1,

the

economic

development

authority

shall

do

all

of

the

following

for

the

fiscal

year

beginning

July

1,

2026:

a.

Concentrate

its

efforts

on

programs

and

activities

that

result

in

commercially

viable

products

and

services.

b.

Adopt

practices

and

services

consistent

with

free

market,

private

sector

philosophies.

c.

Ensure

economic

growth

and

development

throughout

the

state.

d.

Work

with

businesses

and

communities

to

continually

improve

the

economic

development

climate

along

with

the

economic

well-being

and

quality

of

life

for

Iowans.

e.

Establish

a

strong

and

aggressive

marketing

image

to

showcase

Iowa’s

workforce,

existing

industry,

and

potential.

The

authority

shall

prioritize

recruitment

of

new

businesses,

business

expansion,

and

retention

of

existing

Iowa

businesses.

In

addition,

the

authority

shall

emphasize

entrepreneurial

development

through

helping

entrepreneurs

secure

capital,

and

developing

networks

and

a

business

climate

conducive

to

entrepreneurs

and

small

businesses.

f.

Encourage

the

development

of

communities

and

quality

of

life

to

foster

economic

growth.

g.

Prepare

communities

for

future

growth

and

development

through

development,

expansion,

and

modernization

of

infrastructure.

h.

Develop

public-private

partnerships

with

Iowa

businesses

in

the

tourism

industry,

Iowa

tour

groups,

Iowa

tourism

organizations,

and

political

subdivisions

in

this

state

to

assist

in

the

development

of

advertising

efforts.

Sec.

2.

ECONOMIC

DEVELOPMENT

AUTHORITY.

1.

APPROPRIATION

House

File

2772,

p.

3

a.

There

is

appropriated

from

the

general

fund

of

the

state

to

the

economic

development

authority

for

the

fiscal

year

beginning

July

1,

2026,

and

ending

June

30,

2027,

the

following

amount,

or

so

much

thereof

as

is

necessary,

to

be

used

for

the

purposes

designated

in

this

subsection,

and

for

not

more

than

the

following

full-time

equivalent

positions:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

12,903,510

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

FTEs

111.50

b.

(1)

For

salaries,

support,

miscellaneous

purposes,

programs,

marketing,

administration,

business

development,

community

development,

small

business

development,

and

any

divisions

the

authority

may

organize.

(2)

For

business

development

operations

and

programs,

international

trade,

export

assistance,

workforce

recruitment,

and

the

partner

state

program.

(3)

For

transfer

to

a

fund

created

pursuant

to

section

15.313

for

purposes

of

financing

strategic

infrastructure

projects.

(4)

For

community

economic

development

programs,

tourism

operations,

community

assistance,

and

the

community

development

block

grant.

(5)

For

achieving

the

goals

and

accountability,

and

fulfilling

the

requirements

and

duties

required

under

this

Act.

(6)

The

full-time

equivalent

positions

authorized

under

this

subsection

are

funded,

in

whole

or

in

part,

by

the

moneys

appropriated

under

this

subsection

or

by

other

moneys

received

by

the

authority,

including

certain

federal

moneys.

c.

Notwithstanding

section

8.33

,

moneys

appropriated

in

this

subsection

that

remain

unencumbered

or

unobligated

at

the

close

of

the

fiscal

year

shall

not

revert

but

shall

remain

available

for

expenditure

for

the

purposes

designated

in

this

subsection

until

the

close

of

the

succeeding

fiscal

year.

2.

FINANCIAL

ASSISTANCE

RESTRICTIONS

a.

A

business

creating

jobs

through

moneys

appropriated

in

subsection

1

shall

be

subject

to

contract

provisions

requiring

new

and

retained

jobs

to

be

filled

by

individuals

who

are

citizens

of

the

United

States

who

reside

within

the

United

States,

or

individuals

authorized

to

work

in

the

United

States

pursuant

to

federal

law,

including

legal

resident

aliens

House

File

2772,

p.

4

residing

in

the

United

States.

b.

Any

vendor

who

receives

moneys

appropriated

in

subsection

1

shall

adhere

to

such

contract

provisions

and

provide

periodic

assurances

as

the

state

shall

require

that

the

jobs

are

filled

solely

by

citizens

of

the

United

States

who

reside

within

the

United

States,

or

individuals

authorized

to

work

in

the

United

States

pursuant

to

federal

law,

including

legal

resident

aliens

residing

in

the

United

States.

c.

A

business

that

receives

financial

assistance

from

the

authority

from

moneys

appropriated

in

subsection

1

shall

only

employ

individuals

legally

authorized

to

work

in

this

state.

In

addition

to

all

other

applicable

penalties

provided

by

current

law,

all

or

a

portion

of

the

assistance

received

by

a

business

which

is

found

to

knowingly

employ

individuals

not

legally

authorized

to

work

in

this

state

is

subject

to

recapture

by

the

authority.

3.

USES

OF

APPROPRIATIONS

a.

From

the

moneys

appropriated

in

subsection

1,

the

authority

may

provide

financial

assistance

in

the

form

of

grants,

loans,

or

forgivable

loans

for

advanced

research

and

commercialization

projects

involving

value-added

agriculture,

advanced

technology,

or

biotechnology.

b.

The

authority

shall

not

use

any

moneys

appropriated

in

subsection

1

for

purposes

of

providing

financial

assistance

for

any

program

or

project

that

involves

the

installation

of

geothermal

systems

for

melting

snow

and

ice

from

streets

or

sidewalks.

4.

WORLD

FOOD

PRIZE

In

lieu

of

the

standing

appropriation

in

section

15.368

,

there

is

appropriated

from

the

general

fund

of

the

state

to

the

economic

development

authority

for

the

fiscal

year

beginning

July

1,

2026,

and

ending

June

30,

2027,

the

following

amount

to

be

used

for

support

of

the

world

food

prize:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

450,000

5.

TOURISM

OFFICE

a.

There

is

appropriated

from

the

general

fund

of

the

state

to

the

economic

development

authority

for

the

fiscal

year

beginning

July

1,

2026,

and

ending

June

30,

2027,

the

following

amount,

or

so

much

thereof

as

is

necessary,

to

be

used

for

the

House

File

2772,

p.

5

tourism

office

for

the

advertisement,

promotion,

placement,

and

implementation

of

the

economic

development

authority’s

strategic

plan

for

tourism

and

travel:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

1,050,000

b.

Notwithstanding

section

8.33

,

moneys

appropriated

in

this

subsection

that

remain

unencumbered

or

unobligated

at

the

close

of

the

fiscal

year

shall

not

revert

but

shall

remain

available

for

expenditure

for

the

purposes

designated

until

the

close

of

the

succeeding

fiscal

year.

c.

The

economic

development

authority

shall

submit

an

annual

report

on

or

before

January

15

to

the

general

assembly

regarding

the

tourism

office’s

activities

funded

with

moneys

appropriated

under

this

subsection.

The

report

must

be

provided

in

an

electronic

format

and

must

include

metrics

and

criteria

that

allow

the

general

assembly

to

quantify

and

evaluate

the

effectiveness

and

economic

impact

of

the

tourism

office’s

activities

related

to

the

advertisement,

promotion,

placement,

and

implementation

of

the

economic

development

authority’s

strategic

plan

for

tourism

and

travel.

6.

CULTURAL

AFFAIRS

ACTIVITIES

a.

There

is

appropriated

from

the

general

fund

of

the

state

to

the

economic

development

authority

for

the

fiscal

year

beginning

July

1,

2026,

and

ending

June

30,

2027,

the

following

amount,

or

so

much

thereof

as

is

necessary,

to

be

used

for

support

of

the

Iowa

arts

council:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

1,601,800

b.

Of

the

moneys

appropriated

in

paragraph

“a”,

the

economic

development

authority

shall

allocate

$321,800

for

deposit

in

the

arts

and

culture

enhancement

fund

established

in

section

15.436

.

c.

Notwithstanding

section

8.33

,

moneys

appropriated

in

this

subsection

that

remain

unencumbered

or

unobligated

at

the

close

of

the

fiscal

year

shall

not

revert

but

shall

remain

available

for

expenditure

for

the

purposes

designated

until

the

close

of

the

succeeding

fiscal

year.

Sec.

3.

LIMITATIONS

OF

STANDING

APPROPRIATIONS

——

FY

2026-2027.

Notwithstanding

the

standing

appropriations

in

the

following

designated

sections

for

the

fiscal

year

beginning

July

1,

2026,

and

ending

June

30,

2027,

the

amount

appropriated

House

File

2772,

p.

6

from

the

general

fund

of

the

state

pursuant

to

the

following

sections

for

the

following

purposes

shall

not

exceed

the

following

amounts:

1.

For

the

arts

and

culture

enhancement

fund

under

section

99F.11,

subsection

4

,

paragraph

“d”,

subparagraph

(1):

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

448,403

2.

For

the

purposes

of

tourism

marketing

under

section

99F.11,

subsection

4

,

paragraph

“d”,

subparagraph

(2):

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

1,443,700

Sec.

4.

FINANCIAL

ASSISTANCE

REPORTING

——

ECONOMIC

DEVELOPMENT

AUTHORITY.

The

economic

development

authority

shall

submit

an

annual

report

to

the

general

assembly

no

later

than

November

1,

2026,

that

details

the

amount

of

every

direct

loan,

forgivable

loan,

tax

credit,

tax

exemption,

tax

refund,

grant,

or

any

other

financial

assistance

awarded

to

a

person

during

the

prior

fiscal

year

by

the

authority

under

an

economic

development

program

administered

by

the

authority.

The

report

must

identify

the

county

where

the

project

associated

with

each

such

award

is

located.

Sec.

5.

INSURANCE

ECONOMIC

DEVELOPMENT.

From

the

moneys

collected

by

the

insurance

division

of

the

department

of

insurance

and

financial

services

in

excess

of

the

anticipated

gross

revenues

under

section

505.7,

subsection

3

,

during

the

fiscal

year

beginning

July

1,

2026,

$100,000

shall

be

transferred

to

the

economic

development

authority

for

insurance

economic

development

and

international

insurance

economic

development.

Sec.

6.

IOWA

FINANCE

AUTHORITY.

1.

There

is

appropriated

from

the

general

fund

of

the

state

to

the

Iowa

finance

authority

for

the

fiscal

year

beginning

July

1,

2026,

and

ending

June

30,

2027,

the

following

amounts,

or

so

much

thereof

as

is

necessary,

to

be

used

for

the

purposes

designated:

a.

Rent

subsidy

program

(1)

To

provide

reimbursement

for

rent

expenses

to

eligible

persons

under

the

home

and

community-based

services

rent

subsidy

program

established

in

section

16.55

:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

873,000

(2)

Of

the

moneys

appropriated

in

this

paragraph,

not

more

House

File

2772,

p.

7

than

$35,000

may

be

used

for

administrative

costs.

b.

Housing

renewal

program

To

provide

housing

renewal

moneys

to

the

nonprofit

Iowa

affiliate

to

award

grants

to

eligible

communities

for

the

housing

renewal

program

created

in

section

16.52,

as

enacted

in

Division

II

of

this

Act:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

550,000

2.

Notwithstanding

section

8.33

,

moneys

appropriated

in

this

section

that

remain

unencumbered

or

unobligated

at

the

close

of

the

fiscal

year

shall

not

revert

but

shall

remain

available

for

expenditure

for

the

purposes

designated

until

the

close

of

the

succeeding

fiscal

year.

Sec.

7.

IOWA

FINANCE

AUTHORITY

AUDIT.

The

auditor

of

state

is

requested

to

review

the

audit

of

the

Iowa

finance

authority

performed

by

the

auditor

hired

by

the

authority.

Sec.

8.

DEPARTMENT

OF

WORKFORCE

DEVELOPMENT.

There

is

appropriated

from

the

general

fund

of

the

state

to

the

department

of

workforce

development

for

the

fiscal

year

beginning

July

1,

2026,

and

ending

June

30,

2027,

the

following

amounts,

or

so

much

thereof

as

is

necessary,

to

be

used

for

the

purposes

designated:

1.

WORKFORCE

DEVELOPMENT

OPERATIONS

a.

For

the

operation

of

field

offices

and

the

workforce

development

board,

and

for

not

more

than

the

following

full-time

equivalent

positions:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

6,902,636

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

FTEs

157.09

b.

Of

the

moneys

appropriated

in

paragraph

“a”,

the

department

shall

allocate

$150,000

to

the

state

library

for

the

purpose

of

licensing

an

online

resource

which

prepares

individuals

to

succeed

in

the

workplace

through

programs

which

improve

job

skills

and

vocational

test-taking

abilities.

2.

OFFENDER

REENTRY

PROGRAM

a.

For

the

development

and

administration

of

an

offender

reentry

program

to

provide

offenders

with

employment

skills,

and

for

not

more

than

the

following

full-time

equivalent

positions:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

387,158

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

FTEs

4.00

House

File

2772,

p.

8

b.

The

department

of

workforce

development

shall

partner

with

the

department

of

corrections

to

provide

staff

within

the

correctional

facilities

resources

to

improve

offenders’

abilities

to

find

and

retain

productive

employment.

3.

STATE

ACCOUNTING

SYSTEM

For

the

payment

of

services

provided

by

the

department

of

administrative

services

related

to

the

state

accounting

system:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

228,822

4.

WORKPLACE

INJURY

AND

SAFETY

SURVEYS

For

the

operation

of

workplace

safety

surveys

and

workplace

data

collection

and

analysis,

including

salaries,

support,

maintenance,

and

miscellaneous

purposes,

and

for

not

more

than

the

following

full-time

equivalent

positions:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

125,555

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

FTEs

1.90

5.

VOCATIONAL

REHABILITATION

SERVICES

DIVISION

a.

For

salaries,

support,

maintenance,

and

miscellaneous

purposes,

and

for

not

more

than

the

following

full-time

equivalent

positions:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

6,226,739

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

FTEs

233.00

For

purposes

of

optimizing

the

job

placement

of

individuals

with

disabilities,

the

division

shall

make

its

best

efforts

to

work

with

community

rehabilitation

program

providers

for

job

placement

and

retention

services

for

individuals

with

significant

disabilities

and

most

significant

disabilities.

By

January

15,

2027,

the

division

shall

submit

a

written

report

to

the

general

assembly

regarding

the

division’s

outreach

efforts

with

community

rehabilitation

program

providers.

b.

For

the

entrepreneurs

with

disabilities

program

described

in

section

84H.4

:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

138,506

6.

ADULT

EDUCATION

AND

LITERACY

PROGRAMS

For

distribution

as

grants

to

community

colleges

for

the

purpose

of

adult

basic

education

programs

for

students

requiring

instruction

in

English

as

a

second

language:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

500,000

In

issuing

grants

under

this

subsection,

the

department

of

workforce

development

shall

use

the

same

application

process

House

File

2772,

p.

9

and

criteria

as

are

used

for

purposes

of

awarding

grants

to

community

colleges

for

the

purpose

of

adult

basic

education

programs

for

students

requiring

instruction

in

English

as

a

second

language

using

moneys

that

are

appropriated

to

the

department

from

the

Iowa

skilled

worker

and

job

creation

fund

created

in

section

8.57J

.

7.

REGISTERED

APPRENTICESHIP

PROGRAMS

For

the

funding

of

the

registered

apprenticeship

programs

under

chapter

84F

to

encourage

small

to

midsize

businesses

to

start

or

grow

registered

apprenticeships:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

760,000

8.

REVERSION

Notwithstanding

section

8.33

,

moneys

appropriated

in

this

section

that

remain

unencumbered

or

unobligated

at

the

close

of

the

fiscal

year

shall

not

revert

but

shall

remain

available

for

expenditure

for

the

purposes

designated

until

the

close

of

the

succeeding

fiscal

year.

Sec.

9.

DEPARTMENT

OF

WORKFORCE

DEVELOPMENT

——

SPECIAL

EMPLOYMENT

SECURITY

CONTINGENCY

FUND.

1.

There

is

appropriated

from

the

special

employment

security

contingency

fund

created

in

section

96.13

to

the

department

of

workforce

development

for

the

fiscal

year

beginning

July

1,

2026,

and

ending

June

30,

2027,

the

following

amount,

or

so

much

thereof

as

is

necessary,

to

be

used

for

field

offices:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

4,616,084

2.

Any

remaining

additional

penalty

and

interest

revenue

collected

by

the

department

of

workforce

development

is

appropriated

to

the

department

for

the

fiscal

year

beginning

July

1,

2026,

and

ending

June

30,

2027,

to

accomplish

the

mission

of

the

department.

Sec.

10.

IOWA

SKILLED

WORKER

AND

JOB

CREATION

FUND.

1.

There

is

appropriated

from

the

Iowa

skilled

worker

and

job

creation

fund

created

in

section

8.57J

to

the

following

departments,

agencies,

and

institutions

for

the

fiscal

year

beginning

July

1,

2026,

and

ending

June

30,

2027,

the

following

amounts,

or

so

much

thereof

as

is

necessary,

to

be

used

for

the

purposes

designated:

a.

ECONOMIC

DEVELOPMENT

AUTHORITY

House

File

2772,

p.

10

(1)

For

providing

financial

assistance

to

eligible

businesses

for

the

business

incentives

for

growth

program

pursuant

to

chapter

15,

subchapter

II,

part

33:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

11,700,000

(a)

Of

the

moneys

appropriated

in

this

subparagraph

(1),

not

more

than

$1,000,000

may

be

used

for

purposes

of

providing

infrastructure

grants

to

main

street

communities

under

the

main

street

Iowa

program.

(b)

As

a

condition

of

receiving

moneys

appropriated

in

this

subparagraph

(1),

an

entity

shall

testify

upon

the

request

of

the

joint

appropriations

subcommittee

on

economic

development

regarding

the

expenditure

of

such

moneys.

(2)

For

support

of

the

manufacturing

4.0

technology

investment

program

established

in

section

15.371

:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

2,350,000

(3)

For

the

empower

rural

Iowa

program:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

700,000

b.

STATE

BOARD

OF

REGENTS

AND

REGENTS

INSTITUTIONS

(1)

STATE

BOARD

OF

REGENTS

For

capacity

building

infrastructure

in

areas

related

to

technology

commercialization,

marketing

and

business

development

efforts

in

areas

related

to

technology

commercialization,

entrepreneurship,

and

business

growth,

and

infrastructure

projects

and

programs

needed

to

assist

in

implementation

of

activities

under

chapter

262B

:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

3,000,000

(a)

Of

the

moneys

appropriated

pursuant

to

this

subparagraph

(1),

35

percent

shall

be

allocated

for

Iowa

state

university

of

science

and

technology,

35

percent

shall

be

allocated

for

the

state

university

of

Iowa,

and

30

percent

shall

be

allocated

for

the

university

of

northern

Iowa.

(b)

The

institutions

shall

provide

a

one-to-one

match

of

additional

moneys

for

the

activities

funded

with

moneys

appropriated

under

this

subparagraph

(1).

(c)

The

state

board

of

regents

shall

submit

a

report

by

January

15,

2027,

to

the

governor

and

the

general

assembly

regarding

the

activities,

projects,

and

programs

funded

with

moneys

appropriated

under

this

subparagraph

(1).

The

report

must

be

provided

in

an

electronic

format

and

must

include

a

House

File

2772,

p.

11

list

of

metrics

and

criteria

mutually

agreed

to

in

advance

by

the

board

of

regents

and

the

economic

development

authority.

The

metrics

and

criteria

must

allow

the

governor’s

office

and

the

general

assembly

to

quantify

and

evaluate

the

progress

of

the

board

of

regents

institutions

with

regard

to

their

activities,

projects,

and

programs

in

the

areas

of

technology

commercialization,

entrepreneurship,

regional

development,

and

market

research.

(2)

IOWA

STATE

UNIVERSITY

OF

SCIENCE

AND

TECHNOLOGY

For

small

business

development

centers,

the

research

park,

and

the

center

for

industrial

research

and

service,

and

for

not

more

than

the

following

full-time

equivalent

positions:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

2,424,302

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

FTEs

50.94

(a)

Of

the

moneys

appropriated

in

this

subparagraph

(2),

Iowa

state

university

of

science

and

technology

shall

allocate

at

least

$735,728

for

purposes

of

funding

small

business

development

centers.

Iowa

state

university

of

science

and

technology

may

allocate

the

appropriated

moneys

to

the

various

small

business

development

centers

in

any

manner

necessary

to

achieve

the

purposes

of

this

subparagraph

(2).

(b)

Iowa

state

university

of

science

and

technology

shall

do

all

of

the

following:

(i)

Direct

expenditures

for

research

toward

projects

that

will

provide

economic

stimulus

for

Iowa.

(ii)

Emphasize

providing

services

to

Iowa-based

companies.

(c)

It

is

the

intent

of

the

general

assembly

that

the

center

for

industrial

research

and

service

industrial

incentive

program

focus

on

Iowa

industrial

sectors

and

seek

contributions

and

in-kind

donations

from

businesses,

industrial

foundations,

and

trade

associations,

and

that

moneys

for

the

program

shall

be

allocated

only

for

projects

which

are

matched

by

private

sector

moneys

for

directed

contract

research

or

for

nondirected

research.

The

match

required

of

small

businesses

as

defined

in

section

15.102

for

directed

contract

research

or

for

nondirected

research

shall

be

$1

for

each

$3

of

state

funds.

The

match

required

for

other

businesses

for

directed

contract

research

or

for

nondirected

research

shall

be

$1

for

each

$1

of

state

funds.

The

match

required

of

industrial

foundations

or

House

File

2772,

p.

12

trade

associations

shall

be

$1

for

each

$1

of

state

funds.

(d)

Iowa

state

university

of

science

and

technology

shall

report

annually

to

the

general

assembly

the

total

amount

of

private

contributions,

the

proportion

of

contributions

from

small

businesses

and

other

businesses,

and

the

proportion

for

directed

contract

research

and

nondirected

research

of

benefit

to

Iowa

businesses

and

industrial

sectors.

(3)

STATE

UNIVERSITY

OF

IOWA

(a)

For

the

state

university

of

Iowa

research

park

and

for

university

of

Iowa

pharmaceuticals

located

at

the

research

park,

including

salaries,

support,

maintenance,

equipment,

and

miscellaneous

purposes,

and

for

not

more

than

the

following

full-time

equivalent

positions:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

209,279

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

FTEs

6.00

The

state

university

of

Iowa

shall

do

all

of

the

following:

(i)

Direct

expenditures

for

research

toward

projects

that

will

provide

economic

stimulus

for

Iowa.

(ii)

Emphasize

providing

services

to

Iowa-based

companies.

(b)

For

the

purpose

of

implementing

the

entrepreneurship

and

economic

growth

initiative,

and

for

not

more

than

the

following

full-time

equivalent

positions:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

2,000,000

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

FTEs

8.00

(4)

UNIVERSITY

OF

NORTHERN

IOWA

(a)

For

the

metal

casting

and

foundry

4.0

centers,

advance

Iowa,

family

business

center,

and

the

institute

for

decision

making,

including

salaries,

support,

maintenance,

and

miscellaneous

purposes,

and

for

not

more

than

the

following

full-time

equivalent

positions:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

1,466,419

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

FTEs

13.00

The

university

of

northern

Iowa

shall

do

all

of

the

following:

(i)

Direct

expenditures

for

research

toward

projects

that

will

provide

economic

stimulus

for

Iowa.

(ii)

Emphasize

providing

services

to

Iowa-based

companies.

(b)

For

the

purpose

of

providing

in-state

undergraduate

tuition

and

undergraduate

mandatory

fees

to

individuals

House

File

2772,

p.

13

who

reside

in

a

state

contiguous

to

Iowa,

who

enroll

in

an

undergraduate

program

offered

by

the

university

of

northern

Iowa,

and

who

are

classified

as

residents

of

this

state

for

purposes

of

undergraduate

tuition

and

undergraduate

mandatory

fees:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

1,000,000

(c)

For

the

purpose

of

expanding

the

nursing

program:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

600,000

(5)

DUTY

TO

TESTIFY

As

a

condition

of

receiving

moneys

appropriated

in

this

lettered

paragraph

“b”,

an

entity

shall

testify

upon

the

request

of

the

joint

appropriations

subcommittee

on

economic

development

regarding

the

expenditure

of

such

moneys.

c.

DEPARTMENT

OF

WORKFORCE

DEVELOPMENT

(1)

For

staffing

costs

related

to

completing

workforce

preparation

outcome

reporting

in

conjunction

with

the

department

of

education:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

125,000

(2)

For

distribution

to

community

colleges

for

the

purposes

of

implementing

adult

education

and

literacy

programs

pursuant

to

section

84A.19

:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

4,500,000

(a)

From

the

moneys

appropriated

in

this

numbered

subparagraph,

$3,125,000

shall

be

allocated

pursuant

to

the

formula

established

in

section

260C.18C

.

(b)

From

the

moneys

appropriated

in

this

numbered

subparagraph,

not

more

than

$150,000

shall

be

used

by

the

department

of

workforce

development

for

implementation

of

adult

education

and

literacy

programs

pursuant

to

section

84A.19

.

(c)

From

the

moneys

appropriated

in

this

numbered

subparagraph,

not

more

than

$1,015,000

shall

be

distributed

as

grants

to

community

colleges

for

the

purpose

of

adult

basic

education

programs

for

students

requiring

instruction

in

English

as

a

second

language.

The

department

of

workforce

development

shall

establish

an

application

process

and

criteria

to

award

grants

pursuant

to

this

subparagraph

division

to

community

colleges.

The

criteria

must

be

based

on

need

for

instruction

in

English

as

a

second

language

in

the

region

served

by

each

community

college

as

determined

by

factors

House

File

2772,

p.

14

including

data

from

the

latest

federal

decennial

census

and

outreach

efforts

to

determine

regional

needs.

(d)

From

the

moneys

appropriated

in

this

numbered

subparagraph,

$210,000

shall

be

transferred

to

the

department

of

health

and

human

services

for

purposes

of

administering

a

program

to

provide

access

to

international

resources

to

Iowans

and

new

Iowans

to

provide

economic

and

leadership

development

resulting

in

Iowa

being

a

more

welcoming

place

to

live,

work,

and

raise

a

family.

The

program

must

provide

supplemental

support

services

for

international

refugees

to

improve

learning,

English

literacy,

life

skills,

cultural

competencies,

and

integration

in

a

county

with

a

population

over

350,000

as

determined

by

the

2020

federal

decennial

census.

The

department

of

health

and

human

services

shall

utilize

a

request-for-proposals

process

to

identify

the

entity

best

qualified

to

implement

the

program.

2.

Notwithstanding

section

8.33

,

moneys

appropriated

in

this

section

that

remain

unencumbered

or

unobligated

at

the

close

of

the

fiscal

year

shall

not

revert

but

shall

remain

available

for

expenditure

for

the

purposes

designated

until

the

close

of

the

succeeding

fiscal

year.

Sec.

11.

GENERAL

FUND

——

CERTAIN

REGENTS

INSTITUTIONS.

1.

There

is

appropriated

from

the

general

fund

of

the

state

to

the

following

institutions

for

the

fiscal

year

beginning

July

1,

2026,

and

ending

June

30,

2027,

the

following

amounts,

or

so

much

thereof

as

is

necessary,

to

be

used

for

the

purposes

designated:

a.

IOWA

STATE

UNIVERSITY

OF

SCIENCE

AND

TECHNOLOGY

In

cooperation

with

the

economic

development

authority,

for

support

of

a

biosciences

innovation

ecosystem,

to

strengthen

Iowa’s

leadership

positions

in

the

area

of

bio-based

chemicals,

digital

agriculture,

vaccines,

and

medical

devices,

including

salaries,

support,

maintenance,

and

miscellaneous

purposes,

and

for

not

more

than

the

following

full-time

equivalent

positions:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

2,963,995

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

FTEs

14.81

b.

STATE

UNIVERSITY

OF

IOWA

In

cooperation

with

the

economic

development

authority,

for

support

of

a

biosciences

innovation

ecosystem,

to

strengthen

House

File

2772,

p.

15

Iowa’s

leadership

positions

in

the

area

of

bio-based

chemicals,

digital

agriculture,

vaccines,

and

medical

devices,

including

salaries,

support,

maintenance,

and

miscellaneous

purposes,

and

for

not

more

than

the

following

full-time

equivalent

positions:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

1,000,000

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

FTEs

4.35

c.

UNIVERSITY

OF

NORTHERN

IOWA

For

equipment

and

technology

to

expand

the

university’s

additive

manufacturing

capabilities

related

to

investment

castings

technology

and

industry

support,

including

salaries,

support,

maintenance,

and

miscellaneous

purposes,

and

for

not

more

than

the

following

full-time

equivalent

positions:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

$

394,321

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

FTEs

2.73

The

university

of

northern

Iowa

shall

make

a

good-faith

effort

to

coordinate

with

private

entities

to

seek

moneys

to

supplement

this

appropriation

to

support

the

expansion

of

the

university’s

additive

manufacturing

capabilities.

2.

Notwithstanding

section

8.33

,

moneys

appropriated

in

subsection

1,

paragraphs

“a”

and

“b”,

that

remain

unencumbered

or

unobligated

at

the

close

of

the

fiscal

year

shall

not

revert

but

shall

remain

available

for

expenditure

for

the

purposes

designated

until

the

close

of

the

succeeding

fiscal

year.

DIVISION

II

HOUSING

RENEWAL

PROGRAM

Sec.

12.

NEW

SECTION

.

16.52

Housing

renewal

program.

1.

For

purposes

of

this

section:

a.

“Eligible

participant”

includes

cities,

counties,

consortiums

of

local

governments,

and

organizations

exempt

from

taxation

pursuant

to

section

501(c)(3)

of

the

Internal

Revenue

Code.

b.

“Nonprofit

Iowa

affiliate”

means

a

nonprofit

Iowa

affiliate

of

a

nonprofit

international

organization

whose

primary

activity

is

the

promotion

of

the

construction,

remodeling,

or

rehabilitation

of

one-family

or

two-family

dwellings

for

use

by

low-income

families.

2.

a.

A

housing

renewal

program

fund

is

created

in

the

state

treasury

under

the

control

of

the

authority.

The

fund

shall

consist

of

moneys

appropriated

to

or

deposited

in

the

House

File

2772,

p.

16

fund.

Moneys

in

the

fund

are

appropriated

to

the

authority

to

administer

the

housing

renewal

program.

b.

Notwithstanding

section

8.33,

moneys

appropriated

to

the

housing

renewal

program

fund

that

remain

unencumbered

or

unobligated

at

the

close

of

a

fiscal

year

shall

not

revert

but

shall

remain

available

for

expenditure

for

the

purposes

designated

until

the

close

of

the

succeeding

fiscal

year.

c.

Notwithstanding

section

12C.7,

subsection

2,

interest

or

earnings

on

moneys

in

the

housing

renewal

program

fund

shall

be

credited

to

the

fund.

Payment

of

interest,

income

generated

from

the

sale

of

an

ownership

unit

pursuant

to

subsection

6,

recaptures

of

financial

assistance

awards,

and

other

repayments

under

the

housing

renewal

program

shall

be

retained

by

the

nonprofit

Iowa

affiliate

for

the

purpose

of

awarding

financial

assistance

under

the

housing

renewal

program

to

eligible

participants.

3.

a.

The

authority

shall

provide

moneys

from

the

housing

renewal

program

fund

to

a

nonprofit

Iowa

affiliate

that

shall

use

the

moneys

to

award

financial

assistance

under

the

housing

renewal

program

to

eligible

participants.

b.

Eligible

participants

shall

use

financial

assistance

awarded

under

the

housing

renewal

program

only

for

purposes

of

the

acquisition,

rehabilitation,

and

resale

of

ownership

units;

the

acquisition

and

demolition

of

blighted

structures;

and

the

redevelopment

of

ownership

units.

4.

Twenty-five

percent

of

moneys

appropriated

to

the

housing

renewal

program

fund

shall

be

allocated

to

financial

assistance

awards

for

eligible

participants

located

in

the

eighty-eight

least

populated

counties

in

the

state

according

to

the

most

recent

federal

decennial

census.

5.

a.

The

nonprofit

Iowa

affiliate

shall

determine

the

criteria

used

to

evaluate

eligible

participants

and

to

award

financial

assistance

to

eligible

participants

selected

by

the

nonprofit

Iowa

affiliate.

b.

The

nonprofit

Iowa

affiliate

shall

not

award

an

eligible

participant

more

than

one

hundred

thousand

dollars

per

ownership

unit.

The

nonprofit

Iowa

affiliate

may

use

up

to

five

percent

of

the

financial

assistance

awarded

to

an

eligible

participant

for

administrative

expenses

related

to

the

housing

House

File

2772,

p.

17

renewal

program.

c.

(1)

An

eligible

participant

shall

have

a

maximum

of

thirty-six

months

from

the

date

a

contract

is

executed

between

the

nonprofit

Iowa

affiliate

and

the

eligible

participant

for

the

eligible

participant

to

complete

the

eligible

participant’s

project.

The

eligible

participant’s

project

shall

be

considered

complete

when

all

financial

assistance

awarded

to

the

eligible

participant

has

been

expended,

and

all

ownership

units

that

are

covered

by

the

contract

are

finished

and

available

for

sale.

(2)

Unless

the

nonprofit

Iowa

affiliate

authorizes

additional

time

for

good

cause

shown,

if

an

eligible

participant

has

no

project

activity

within

twelve

months

from

the

date

a

contract

is

executed

between

the

nonprofit

Iowa

affiliate

and

the

eligible

participant,

the

financial

assistance

award

shall

be

returned

to

the

nonprofit

Iowa

affiliate

to

be

used

to

award

financial

assistance

under

the

housing

renewal

program

to

eligible

participants.

d.

An

eligible

participant

shall

sell

each

completed

ownership

unit

to

a

homebuyer

whose

household

income

is

equal

to

or

less

than

the

one

hundred

twenty

percent

area

median

income

and

who

must

occupy

the

ownership

unit

as

the

homebuyer’s

primary

residence.

The

deed

to

the

ownership

unit

must

contain

a

restrictive

resale

requirement

that

prohibits

the

homebuyer

or

a

subsequent

owner

from

selling

the

ownership

unit

to

a

person

with

a

household

income

above

the

one

hundred

twenty

percent

area

median

income

for

five

calendar

years

from

the

date

the

eligible

participant

sold

the

ownership

unit

to

the

first

homebuyer

whose

household

income

is

equal

to

or

less

than

the

one

hundred

twenty

percent

area

median

income.

6.

The

nonprofit

Iowa

affiliate

shall

use

income

generated

from

the

sale

of

an

ownership

unit

only

for

the

purpose

of

awarding

financial

assistance

to

eligible

participants

under

the

housing

renewal

program.

7.

The

authority

shall

not

use

more

than

five

percent

of

moneys

appropriated

to

the

housing

renewal

program

fund

for

administration

and

oversight

of

the

housing

renewal

program.

8.

The

authority,

in

coordination

with

the

nonprofit

Iowa

affiliate,

shall

submit

an

annual

report

to

the

general

House

File

2772,

p.

18

assembly

on

or

before

December

31

describing

the

community,

economic,

and

financial

impact

of

the

housing

renewal

program.

Sec.

13.

REPEAL.

2022

Iowa

Acts,

chapter

1148,

section

20,

as

amended

by

2023

Iowa

Acts,

chapter

110,

section

18,

and

2025

Iowa

Acts,

chapter

155,

section

14,

is

repealed.

______________________________

PAT

GRASSLEY

Speaker

of

the

House

______________________________

AMY

SINCLAIR

President

of

the

Senate

I

hereby

certify

that

this

bill

originated

in

the

House

and

is

known

as

House

File

2772,

Ninety-first

General

Assembly.

______________________________

MEGHAN

NELSON

Chief

Clerk

of

the

House

Approved

_______________,

2026

______________________________

KIM

REYNOLDS

Governor