Iowa Finance Authority
1963 Bell Avenue Suite 200
Des Moines, IA 50315
(800) 432-7230 Toll-free
(515) 452-0400 Local - General Line
(515) 452-0442 Local - HCBS Program Team
HCBS Rent Subsidy Program
Hours of Service:Not applicable
Service Description:FINANCIAL ASSISTANCE: provides monthly rent assistance payments to individuals who receive services under a federal Medicaid waiver program and who are at risk of nursing facility placement until they become eligible for any other local, state, or federal rent assistance.
Eligibility:
MUST:
• be 18 years of age or older
• currently be an adult recipient of one of the home-and community-based service waiver programs, including HCBS Habilitation Services Program or Money Follows the Person
• provide evidence that you are responsible for paying more than 30% of your income for rent, and have been determined ineligible, or have been placed on a waiting list, for U.S. Department of Housing and Urban Development (HUD) Housing Choice Voucher or any other available rental subsidy programs
• live in a qualified rental unit (an apartment, mobile home, or private room for which a signed written rental agreement exists, and which is governed by Iowa Code Chapter 562A Uniform Residential Landlord and Tenant Law)
• live in Iowa
Cannot serve individuals who:
• are receiving federal rental assistance at the time of, or prior to the time of application to the HCBS Rent Subsidy program
• decline a HUD Housing Choice Voucher or fail to respond to a notice from the public housing authority when a voucher becomes available
• live in a home owned by a family member or someone who is currently living in the home
Fees and Method of Payment:No fees
Application/Appeals Process:
To apply, download an application from the website. A completed application may be sent by e-mail to HCBSifa@iowafinance.com or by mail, Attn: HCBS Rent Subsidy.
Note: takes applications on an ongoing basis and has a waiting list.
Include the following with your application:
• current written evidence from income sources of monthly income
• written evidence that the applicant has been determined ineligible, or has been placed on a waiting list, for U.S. Department of Housing and Urban Development (HUD) rental assistance or any other available rental subsidy programs, or a notice from the public housing authority that the wait list is closed (must be signed and dated by housing authority staff member)
• payment information for electronic funds transfer, including bank routing number and bank account number
- Rent Payment Assistance for State Medicaid Waiver Service Recipients

Site Overview:In addition to the services listed, they offer homeowner financing programs that include grants for down payments and closing costs.
Office Hours:Mon-Fri 8am-4:30pm
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