Iowa Aftercare Rental Subsidy Program
Iowa Finance Authority
Iowa
The Aftercare Rent Subsidy Program supports youth who are aging out of foster care and are participating in the Aftercare Services Program. The subsidy promotes self-sufficiency goals and teaches youth life skills relative to renter rights and responsibilities.
Other Eligibility Requirements
Children or youth exiting foster care
Eligibility Limitations
Age
Priority Populations
Does not prioritize beyond eligibility requirements
Required Documents
Required for income (general), lease, monthly budget, section 8 waiting list status. Does not accept self-attestations.
Total Funding
$167,000
Funding Source
General revenue
Funding Year
FY 2023
Assistance Used For
Current and/or future rent
How Provided?
Rental assistance paid to landlord, housing agency, or approved vendor only
Amount Calculation Method
Program covers rent above 30% of tenants' adjusted income, up to payment standard not based on local Fair Market Rent
Data Collected by Program
Income; Age