The Iowa Thriving Communities initiative recognizes forward-thinking communities that are proactively addressing workforce housing needs. Designated communities complete a highly competitive application process, including a live pitch from teams of local partners to a panel from the Iowa Finance Authority (IFA) and Iowa Economic Development Authority (IEDA).

Selected communities demonstrate best practices in planning, financial support, targeted development, leadership and employer engagement. They also invest in broader community assets like public health and the arts. Communities previously recognized through the initiative are already seeing strong results, with increased developer interest and significant public and private investments in housing.

In addition to valuable scoring advantages for the Federal Housing Tax Credit and Workforce Housing Tax Credits, HOME and Community Catalyst programs (effective through 2028), designated communities will gain statewide and national visibility as models for successful housing strategies.

2027-2028 Iowa Thriving Communities Timeline

  • Feb. 10:  Iowa Thriving Communities Overview Webinar – 11:00 a.m.  
  • Feb. 10: Pre-Application Period Opens
  • April 3: Pre-Application Deadline - Applications must be submitted by 4:30 p.m.
  • June 5: Full Applications due from invited communities - Applications must be submitted by 4:30 p.m.
  • July 7-8: In-person finalist pitches   
  • Sept. 8-10: Iowa Thriving Community representatives attend HousingIowa Conference in Des Moines   
2026 iowa thriving communities list

Resources

IFA and IEDA Announce

2026 Iowa Thriving Communities:

Clear Lake, Ottumwa, Sioux Center, Urbandale and Waukon.

view of ottumwa iowa at night

2026 Iowa Thriving Communities

  • Clear Lake - LIHTC & WHTC
  • Sioux Center - LIHTC
  • Ottumwa - LITC & WHTC
  • Waukon - WHTC
  • Urbandale - LIHTC Targeted Location

List items for Past Iowa Thriving Communities