woman smiling while opening the front door of a home

State Housing Trust Fund

The State Housing Trust Fund (SHTF) helps ensure decent, safe and affordable housing for Iowans through two important programs.

SHTF Programs

Local Housing Trust Fund

This program receives at least 60% of the annual SHTF allocation to provide grants for organizations certified by IFA.
Project-Based Housing Program

The remaining funding aids in the development of affordable single-family and multifamily housing.

FY2026 State Housing Trust Fund Budget

$12.68M

Local Housing Trust Fund Program: $12,681,663

$300K

Project-based Housing Program: $300,000

SHTF Resources

State Housing Trust Fund

$188.5M

in other funds have been leveraged through the State Housing Trust Fund

41,550

affordable homes made possible through State Housing Trust Fund investments

SHTF Success Stories

February 20, 2025

Building Housing and Providing Hands-On Experience

Writing Their Own Story

Learn more about state housing trust fund stories from the Iowa Finance Authority.

August 14, 2019

Stay Connected with the State Housing Trust Fund

Learn about the latest news and programs at the State Housing Trust Fund.

Sign up for the SHTF Newsletter

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For inquiries about the State Housing Trust Fund:

State Housing Trust Fund Team