The Iowa Finance Authority’s (IFA) Housing Tax Credit team developed a series of helpful application tips to make the application process as seamless as possible for partners. 

Application Technical Assistance 
Whether you are a newer developer in Iowa or a repeat partner, we highly encourage everyone applying this year to take advantage of our application technical assistance. The sessions typically last an hour, and we can focus on how to improve your application, common deficiencies to avoid, new tips and a behind-the-scenes look at the application and discussions about your proposed project. Also, participants will earn points toward the Iowa Excellence in Development designation. The housing tax credit team has scheduled a series of available times for individual technical application assistance. You may register for a time here or contact if a different time is needed. 


  1. Scope of Work Tab (Acq/Rehab Projects Only) 
  2. Costs and Credit Calc. Tab: Average Income Test Six Percent Tax Credit Rate Cap, if elected. 
  3. Funding Sources – National Housing Trust Fund 
  4. Financial Feasibility 
    • Average Income Test Six Percent Tax Credit Rate Cap, if elected. 
  5. Scoring (Refer to QAP Part A., Section 6) 
    • Average Income Test 
    • Iowa Thriving Communities (Refer to Appendix Q) 
    • Project-Based Rental Assistance: 1) Requires a letter from HUD or Rural Development Regional acknowledging the Project will be the subject of a Tax Credit Application and that HUD or RD approves of the proposed rents in the LIHTC application; and 2) Applicant must be determined a Qualified Non-Profit pursuant to QAP Part A., Section 1.2(B) – Nonprofit Set-Aside 
    • Market Appeal Categories 
    • LIHTC Experience 
    • Community Housing Development Organization Experience 

          Submission of a Qualified Service Provider Request
          No later than April 1, 2024, 4:30 p.m. CT 
          Refer to Appendix N and the Online Application Guide for instructions. 
          2024 Application Submission Deadline  
          April 10, 2024, 4:30 p.m. Central Time 

          Please refer to the 2024 Housing Tax Credit or Four Percent Housing Tax Credit information available on IFA’s website for all updates to the Application, Appendices Package, HOME Appendices and Exhibit Checklist, National Housing Trust Fund Appendices and Exhibit Checklist.