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At the Iowa Finance Authority, we help Iowans take life-changing actions every day.
Whether Iowans are buying their first home, making a fresh start, hoping to continue their family’s farming legacy or even working to upgrade a community’s water quality infrastructure, we’re proud to kickstart dreams into realities.
We are currently upgrading the city water plant with help from the State Revolving Fund. This upgraded plant will be larger, have better water quality and will position the community well for growth.”
TAD STUPP, Water & Wastewater Operator, City of Gilbert
The down payment assistance we received from the Iowa Finance Authority allowed us to move into our first home, complete with more space for our son’s toys and a backyard where we can make family memories.”
CONOR KROMENHOEK, Sioux City
“Both of us are very proud to put our roots down here and build a future now that we’re Des Moines homeowners.”
NICK AND HALEY PETERS, Des Moines
The City of Dubuque's Bee Branch Creek restoration involved replacing almost one-mile of storm sewer with a creek and floodplain that resembles the one that traversed the area approximately 100 years ago. This “daylighting” of the buried Bee Branch Creek allows stormwater from flash floods to safely move through the area without flooding adjacent properties. The project features a 1,938-foot long creek and floodplain, a multi-use trail system, a play area with slides, scenic overlooks, an urban orchard and garden and an outdoor amphitheater which provides a venue for teaching and neighborhood gatherings
Spencer Municipal Utilities joined more than 600 other Iowa communities and municipalities in using Iowa’s State Revolving Fund (SRF) to upgrade their water infrastructure. SMU selected SRF financing over traditional bonds for this $20 million project because it offered lower borrowing costs, allowed them a longer repayment cycle and payments began upon project completion.
