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Iowa Finance Authority and Iowa Economic Development Authority Announce 2026 Iowa Thriving Communities

News

July 31st, 2025 by Ric Hanson

(DES MOINES) – Officials with the Iowa Finance Authority (IFA) and Iowa Economic Development Authority (IEDA) have announced the newly designated 2026 Iowa Thriving Communities: Clear Lake, Ottumwa, Sioux Center, Urbandale and Waukon.

Now in its third year, 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 IEDA and IFA.

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 2026), designated communities will gain statewide and national visibility as models for successful housing strategies.

The 2026 Iowa Thriving Communities will be recognized at the HousingIowa Conference in Cedar Rapids, Sept. 2-4. A free Iowa Thriving Communities Reception will be held on Tuesday, Sept. 2.

Learn more at housingiowaconference.com and iowafinance.com.