Statutes & Rules
IOWA CODE
Iowa Code (Enter 16 in box next to "Chapter")
RULES
Iowa Administrative Code
RULES DOCKET
The Rules Docket published here on the web site of the Iowa Finance Authority is the official docket for the agency. Executive Order Number Nine, signed by Governor Vilsack on September 15, 1999, requires each agency of the Executive Branch of the Iowa government to maintain a rule-making docket and to publish the docket on the agency’s web site. This docket lists all rules changes currently in process for the Iowa Finance Authority, from the time notice of proposed rule making is submitted to the Governor’s office through the month when the rule change takes effect. The rule changes are sorted by their effective date.
These rule changes are published, as promulgated, in the Iowa Administrative Bulletin. You may access the text of the notice by clicking on the individual ARC numbers, which will direct your browser to the particular issue in which the filing appeared. Fiscal impact summaries, prepared by the Legislative Services Agency pursuant to Iowa Code § 17A.4(3), are be available at http://www.legis.state.ia.us/IAC.html or at 515.281.5279 prior to the Administrative Rules Review Committee’s review of this rule making.
You may comment on a noticed rule until the date specified in the notice. If you wish to comment on a proposed rule, please submit your comments in writing to the Iowa Finance Authority at 2015 Grand Avenue, Des Moines IA 50312 or contact the person listed in the Administrative Bulletin if you wish to orally comment. You may also inspect the rule-making record, which contains all written submissions on the rule, the fiscal impact statement, any regulatory analysis or concise statement prepared, and any objections to the rule, at the Iowa Finance Authority, 2015 Grand Avenue, Des Moines, Iowa 50312.
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RULE / CHAPTER |
DESCRIPTION OF ACTION / CHANGE MADE |
COMMENT/ HEARINGS / PUBLICATION DATES
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39 |
HOME Partnership Program: implement Iowa Code sections 16.5(1)“f” and 6.5(1)“m” and the Cranston-Gonzalez National Affordable Housing Act of 1990 by establishing rules for the continued administration of the HOME Partnership Program under the Authority’s administration. |
Emergency: 7/28/10 as ARC# 8963B Emergency Effective Date: 7/8/10 |
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12 |
Low-Income Housing Tax Credits: Replace the current qualified allocation plan for the Low-Income Housing Tax Credit Program with the 2010 first amended qualified allocation plan. |
Emergency: 7/28/10 as ARC# 8947B Emergency Effective Date: 7/6/10 |
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27 |
Military Service Member Home Ownership Assistance Program: Clarify the requirements of the Military Service Member Home Ownership Assistance Program and to implement changes called for by 2010 Iowa Acts, House File 2148. |
Emergency: 7/28/10 as ARC# 8945B Emergency Effective Date: 7/6/10 |
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38 |
Iowa Jobs II Program: Implement 2010 Iowa Acts, Senate File 2389, sections 84 to 88, by adopting the new Chapter 38, governing the Iowa Jobs II Program. |
Emergency: 6/30/10 as ARC# 8890B Emergency Effective Date: N/A |
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32.5 |
Iowa Jobs Program: Implement 2010 Iowa Acts, Senate File 2389, section 10(4). |
Emergency: 6/30/10 as ARC# 8905B Emergency Effective Date: N/A |
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29.5(2), 29.6(5) |
Jump-Start Housing Assistance Program: Modify and clarify certain provisions of the program of housing assistance for persons affected by the natural disasters that occurred in Iowa in 2008. |
Emergency: 6/30/10 as ARC# 8907B Emergency Effective Date: 6/10//10 |
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26.8(7) |
Water Pollution Control Works and Drinking Water Facilities Financing: To extend from 10 years to 15 the maximum allowable loan term for livestock water quality facilities loans made pursuant to the water pollution control works and drinking water facilities financing program. |
Emergency: 6/30/10 as ARC# 8906B Emergency Effective Date: N/A. |
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3.5(1), 3.8 – 3.12 |
Multifamily Housing: Facilitate the construction and rehabilitation of workforce and affordable multifamily housing by establishing a mechanism for loaning funds to cities and counties to reloan for housing development purposes. |
Emergency: 6/2/10 as ARC# 8789B Emergency Effective Date: 5/12/10 |
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37 |
Recovery Zone Bond Allocation: Implement 2010 Iowa Acts, House File 2487 by providing a means of allocating bonding authority for recovery zone acts. |
Emergency: 5/5/10 as ARC# 8709B Emergency Effective Date: 4/12/10 |
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30.3(1)”b”, 30.2(2), 30.4, 30.6 |
Qualified Midwestern Disaster Area Bond Allocation: Implement a per-applicant cap on allotments and to provide a set-aside to the Iowa Department of Economic Development for directing allotments of Midwestern Disaster Area Bonds issued and sold pursuant to the Heartland Disaster Tax Relief Act of 2008. |
Emergency: 2/24/10 as ARC# 8548B Emergency Effective Date: 2/4/10 |
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33.4(1), 33.5 |
Water Quality Financial Assistance Program: Modify and clarify provisions of the selection process to add additional criteria and to cap the maximum amount of assistance a community may receive on a per capita basis. |
Emergency: 2/10/10 as ARC# 8510B Emergency Effective Date: 1/14/10 |
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12.3, 12.4 |
Low Income Housing Tax Credits: Update and replace current Compliance Monitoring Manual. |
Emergency: N/A Emergency Effective Date: N/A |
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32.8, 32.9 |
Iowa Jobs Program: Implement 2009 Iowa Acts, Senate File 376, sections 5 to 12 by amending the rule relating to grant awards and amending the rule relating to the administration of awards. |
Emergency: 1/13/10 as ARC# 8455B Emergency Effective Date: 12/14/09 |
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32.4(6) |
Iowa Jobs Program: Implement 2009 Iowa Acts, Senate File 376, sections 5 to 12, by amending rule 265—32.4(16,83GA,SF376), relating to the Iowa Jobs Program application procedures. |
Emergency: 12/2/09 as ARC# 8327B Emergency Effective Date: 11/4/09 |
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35.1 |
Affordable Housing Assistance Grant Fund: implement 2009 Iowa Acts, Senate File 376, section 30, by expanding the Affordable Housing Assistance Grant Fund program to include adaptive reuse projects. |
Emergency: 12/2/09 as ARC# 8325B Emergency Effective Date: 11/4/09 |
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29.6(5) |
Jump-Start Housing Assistance Program: revise the program of housing assistance for persons affected by the natural disasters that occurred in Iowa in 2008. |
Emergency: 12/2/09 as ARC# 8323B Emergency Effective Date: 11/4/09 |
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9 |
Title Guaranty Division: Simplifying and organizing the Division by updating the rules; placing all definitions which apply to Chapter 9 in its entirety in rule 265—9.1(16); moving applications for title guaranties, audit procedures, and closing protection letter issuance under the operational control of the Title Guaranty Program; and deleting or consolidating repetitive information. |
Emergency: N/A Emergency Effective Date: N/A |
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26 |
Water Pollution Control Works and Drinking Water Facilities Financing: Update the rules for the state revolving fund (SRF) loan programs. |
Emergency: N/A Emergency Effective Date: N/A |
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34 |
Disaster Recovery Housing Project Tax Credit: Adopt new Chapter 34 implement 2009 Iowa Acts, Senate File 457, division IV, by instituting and regulating the operation of a Disaster Recovery Housing Project Tax Credit program. |
Emergency: N/A Emergency Effective Date: N/A |
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32 |
Iowa Jobs Program: Implement 2009 Iowa Acts, Senate File 376, sections 5 to 12, by clarifying certain rules that regulate the operation of the Iowa Jobs Program. |
Emergency: 9/9/09 as ARC# 8103B Emergency Effective Date: 8/19/09 |
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26.6(2), 26.6(5) |
Water Pollution Control Works and Drinking Water Facilities Financing: To allow for extensions for planning and design loans. |
Emergency: 8/26/09 as ARC# 8079B Emergency Effective Date: N/A |
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3.5(1) “k” |
Multifamily Housing: to conform paragraph 3.5(1)“k” to Iowa Code section 16.4(3) which makes local contributing efforts optional rather than mandatory for projects assisted by the Authority, such as projects which receive multifamily housing loans from the Authority. |
Emergency: 8/26/09 as ARC# 8078B
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12.1, 12.2 |
Low Income Housing Tax Credits: Replace the current qualified allocation plan for the low-income housing tax credit program with the 2010 qualified allocation plan, which is incorporated by reference in rule 265—12.1(16). |
Emergency: N/A Emergency Effective Date: N/A |
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32 |
Iowa Jobs Program: Adopt new Chapter 32 to implement 2009 Iowa Acts, Senate File 376, sections 5 to 12 by regulating the operation of the Iowa Jobs Program. |
Emergency: 7/15/09 as ARC# 7941B Emergency Effective Date: 6/15/09 Termination Effective Date: 10/7/09 as ARC# 8192B |
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29.3(1), 29.5(1), 29.8 |
Jump-Start Housing Assistance Program: Provide for the allocation of program funds made available by 2009 Iowa Acts, Senate File 376, section 29, and 2009 Iowa Acts, House File 64, division I. |
Emergency: 7/1/09 as ARC# 7899B Emergency Effective Date: 6/10/09 |
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35 |
Affordable Housing Grant Assistance Fund: Adopt new Chapter 35 to implement 2009 Iowa Acts, Senate File 376, section 30, by regulating the operation of the Affordable Housing Assistance Grant Fund. |
Emergency: 7/1/09 as ARC # 7897B Emergency Effective Date: 6/10/09 |
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33 |
Water Quality Financial Assistance Program: Proposal to adopt new Chapter 33, “Water Quality Financial Assistance Program,” Iowa Administrative Code. |
Emergency: N/A Emergency Effective Date: N/A |
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19 |
State Housing Trust Fund: Adopt updated and improved allocation plans for the local housing trust fund program and the project-based housing. |
Emergency: N/A Emergency Effective Date: N/A |
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36 |
Public Service Shelter Grant Fund: Adopt new Chapter 36 to implement 2009 Iowa Acts, Senate File 376, section 28, by regulating the operation of the Public Service Shelter Grant Fund. |
Emergency: 7/1/09 as ARC# 7894B Emergency Effective Date: 6/10/09 |
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19.1 |
State Housing Trust Fund: Implement Iowa Code section 16.181as amended by the 2009 Iowa Acts, Senate File 207, by setting better parameters for the creation of local housing trust funds. |
Emergency: 6/17/09 as ARC# 7850B Emergency Effective Date: 5/26/09 Termination Effective Date: 8/26/09 as ARC# 8072B |
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29.5(2), 29.6 |
Jump-Start Housing Assistance Program: Modify and clarify certain provisions of the program of housing assistance for persons affected by the natural disasters that occurred in Iowa in 2008. |
Emergency: 6/17/09 as ARC# 7842B Emergency Effective Date: 5/14/09 |
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9.7(2) |
Title Guaranty Division: Amendment proposes to delete definition of “title plant” found in subrule 9.7(2). |
Emergency: N/A Emergency Effective Date: N/A |
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12.3, 12.4 |
Low Income Housing Tax Credits: Update and replace the current Low Income Housing Tax Credit Manual with an updated compliance monitoring manual. |
Emergency: 4/8/09 as ARC # 7700B Emergency Effective Date: 3/19/09 |
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31.1, 31.2 |
Council On Homelessness: Implements the creation of a Council on Homelessness as required by 2008 Iowa Acts, Senate File 2161. |
Emergency: 1/14/09 as ARC # 7513B Emergency Effective Date: 12/22/08 |
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30 |
Midwest Disaster Area Bond Allocation: Implements a process for allocating the authority to issue and sell Midwestern Disaster Area bonds, as permitted by the Heartland Disaster Tax Relief Act of 2008. |
Emergency: 1/14/09 as ARC # 7511B Emergency Effective Date: 12/22/08 |
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12.1 |
Low-Income Housing Tax Credits: Adopts a Second Amended Qualified Allocation Plan to implement the Heartland Disaster Tax Relief Act of 2008 and to facilitate disaster relief to areas of the state damaged by natural disasters in 2008. |
Emergency: 11/5/08 as ARC# 7293B Emergency Effective Date: 10/14/2008 |
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29.3 |
Jumpstart Housing Assistance Program: Amends the Jumpstart Program to provide local government participants with a guaranteed administrative fee up front equal to 5% of 30% of their initial allocation and make loans for interim mortgage assistance forgivable, rather than non-forgivable. The purpose is to help persons affected by the natural disasters. |
Emergency: 10/22/08 as ARC # 7281B |
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19.1 |
State Housing Trust Fund: Adopts and incorporates by reference the Iowa Finance Authority State Housing Trust Fund Allocation Plan for the Project Based Trust Fund Program in place of the Iowa Finance Authority State Housing Trust Fund 2008 Allocation Plan for the Project Based Housing Trust Fund Program. |
Emergency: N/A |
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29 |
Jumpstart Housing Assistance Program: Implements a program of housing assistance for persons affected by the natural disasters that occurred in 2008. |
Emergency: 10/8/08 as ARC# 7253B Emergency Effective Date: 9/19/2008 |
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12.1 |
Low-Income Housing Tax Credit: Adopts the 2009 First Amended Qualified Allocation Plan in lieu of the original 2009 Qualified Allocation Plan to implement provisions of the Housing and Economy Recovery Act of 2008 and to facilitate housing relief for areas affected by natural disasters. |
Emergency: 9/10/08 as ARC# 7135B Emergency Effective Date: 9/3/2008 |
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9.7 |
Title Guaranty Division: Updates and clarifies the current title plant waiver subrules to conform to Iowa Code 16.91(5) as amended by 2008 Iowa Acts, Senate File 2320. |
Emergency: N/A |
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8.11 |
Private Activity Bond Allocation: This amendment is to implement the Housing and Economic Recovery Act of 2008 by adopting new rule 8.11. |
Emergency: 8/27/08 as ARC# 7099B Emergency Effective Date: 8/1/2008 |
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27 |
Military Service Member Home Ownership Assistance Program: Deletes the existing chapter 27 and adopts a new chapter 27 to implement the changes adopted by 2008 Iowa Acts, Senate File 2354. |
Emergency: 7/2/08 as ARC# 6913B Emergency Effective Date: 6/12/08 |
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9.20 |
Title Guaranty Division: Replaces the current mortgage release certificate rules with new rules needed to administer Iowa Code 16.92. |
Emergency: N/A |
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9.22 |
Title Guaranty Division: Replaces and updates the current closing protection letter rules to allow the title guaranty division to issue closing protection letters to mortgage loan closers other than the division’s named participating attorneys and participating abstractors. |
Emergency: N/A |
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19.1 |
State Housing Trust Fund: Adopts updated Iowa Finance Authority State Housing Trust Fund Allocation Plan for the Local Housing Trust Fund Program, in place of the IFA State Housing Trust Fund 2008 Allocation Plan. |
Emergency: N/A |
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12.1, 12.2 |
Notice, Low-Income Housing Tax Credit: Replaces the current Qualified Allocation Plan (QAP) with the 2009 QAP, which is incorporated by reference in rule 12.1(16). |
Emergency: N/A |
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12.3, 12.4 |
Notice, Low-Income Housing Tax Credits: Amendments update and replace the current low-income housing tax credit compliance manual with an update compliance manual which is incorporated by reference in rule 12.3(b) |
Emergency: N/A |
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26.5(7) |
Water Pollution Control Works and Drinking Water Facilities Financing: Amends the definition of “prepayment” to remove a burdensome loan requirement that exists on borrowers under the program. |
Emergency: 12/02/07 as ARC#6508B |
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18.1, 18.4 to 18.8, 18.10, 18.13, 18.16 |
Waivers and Variances from Administrative Rules: Clarifies and streamlines the process of requesting waivers and variances from the rules adopted by IFA to create a process that is easier and more expedient for petitioners and the Authority. |
Emergency: N/A |
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15 |
Purchasing Rules: Proposes a new chapter concerning IFA purchasing rules. The rules outline procedures for when informal or formal bidding must be used, and how such bidding is carried out by the Authority. |
Emergency: N/A |
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25.2, |
Entrepreneurs with Disabilities Program: Moves the daily operations of the program from an outside consultant to the Iowa Vocational Rehabilitation Services, through the use of a business consultant employed by the Iowa Department of Education’s Vocational Rehabilitation Services Division. These proposed amendments define the role of business planner, specify to whom the applicant will submit an application for technical assistance and financial assistance grants, and clarify that the Authority can monitor the records related to the program. |
Emergency: N/A |
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19.1, |
State Housing Trust Fund: Completes the bifurcation of the State Housing Trust Fund into two separate allocation plans- One for local housing trust funds, and the other for the project–based housing program. These proposed amendments adopt an allocation plan for the project–based housing program. |
Emergency: N/A |
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12.1, |
Low-Income Housing Tax Credits: Replaces the current Qualified Allocation Plan (QAP) with the 2008 QAP, which is incorporated by reference in rule 12.1(16). |
Emergency: N/A |
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19.1, |
State Housing Trust Fund (SHTF): Adopts IFA SHTF 2008 Allocation Plan for the Local Housing Trust Fund Program, in place of the IFA SHTF 2007 Allocation Plan. Includes updating the year of the effective allocation plan, limiting the scope of the adopted Allocation Plan to the Local Housing Trust Fund Program, and updating IFA's web site address. |
Emergency: N/A |
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7.15(5), |
Contested Cases: Updates cross-references to Iowa Rules of Civil Procedure to reflect their renumbering. Main purpose is to avoid confusion and ease the administration of IFA programs. |
Emergency: 4/3/07 as ARC# 5849B |
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27.2, |
Military Service Member Home Ownership Assistance Program: Continues the program and reflects the changes adopted by 2007 Iowa Acts, Senate File 95, including clarifying the definition of "eligible service member" and requiring the issuance of a Title Guaranty certificate for any transaction financed by a program grant. |
Emergency: 4/3/07 as ARC# 5848B |
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28.2 |
Wastewater Treatment and Financial Assistance Program: Removes "or corporation" from the definition of community. This phrase had been inadvertently retained in the final rule adoption, published 11/22/06 in the Iowa Administrative Bulletin |
Emergency: 12/27/06 as ARC#5670B |
