Iowa · statute · Iowa Code ch. 16 · 114 active provisions
As used in this chapter, unless the context otherwise requires: 1. “Adequate housing” means housing which meets minimum structural, heating, lighting, ventilation, sanitary, occupancy, and maintenance standards compatible with applicable building and housing codes, as determined under rules of the authority. 2. “Author…
1. The Iowa finance authority is created, and constitutes a public instrumentality and agency of the state exercising public and essential governmental functions. 2. The authority shall undertake and administer all of the following: a. Programs established under this chapter. b. Programs established by the authority wh…
1. An Iowa finance authority board of directors is created. The powers of the authority are vested in and shall be exercised by the board. The authority includes nine voting members appointed by the governor subject to confirmation by the senate. The authority also includes one ex officio voting member who must be desi…
A title guaranty division is created within the authority. The division may also be referred to as Iowa title guaranty. The powers of the division relating to the issuance of title guaranties are vested in and shall be exercised by the board. The director shall appoint an attorney as director of the division. The appoi…
1. An agricultural development division is created within the authority. The agricultural development division shall administer subchapter VIII, by providing assistance to beginning farmers, agricultural producers, or other persons qualifying for such assistance under subchapter VIII. 2. The agricultural development di…
1. The powers of the agricultural development division are vested in and shall be exercised by the agricultural development board as provided in section 16.2B and this section. 2. The agricultural development board is created to exercise all powers and perform all duties necessary to administer subchapter VIII accordin…
Editorially transferred to §16.5F.
The general assembly finds and declares all of the following: 1. The establishment of the authority is in all respects for the benefit of the people of the state of Iowa, for the improvement of their health and welfare, and for the promotion of the economy, which are public purposes. 2. The authority will be performing…
The general assembly finds and declares as follows: 1. There exists a serious shortage of safe and sanitary residential housing available to low or moderate income families. 2. This shortage is conducive to disease, crime, environmental decline and poverty and impairs the economic value of large areas, which are charac…
In the performance of its duties and implementation of its powers, and in the selection of specific programs and projects to receive its assistance, the authority shall be guided by the following precatory principles: 1. The authority shall not become an owner of real property constituting a project under any program,…
The general assembly finds and declares all of the following: 1. There exists a serious problem in this state regarding the ability of nonestablished farmers to acquire agricultural land and agricultural improvements and depreciable agricultural property in order to enter farming. 2. This barrier to entry into farming…
In the performance of its duties, implementation of its powers, and the selection of specific programs and projects to receive its assistance under subchapter VIII, the authority shall be guided by the following precatory principles: 1. The authority shall not become an owner of real or depreciable property, except on…
The general assembly finds and declares that the abstract attorney’s title opinion system promotes land title stability for determining the marketability of land titles and is a public purpose. A public purpose is served by providing, as an adjunct to the abstract attorney’s title opinion system, a low-cost mechanism t…
The general assembly finds and declares all of the following: 1. Economic development and expansion of business, industry, and farming in the state is dependent upon the availability of financing of the development and expansion at affordable interest rates. 2. The pooling of private financing enhances the marketabilit…
1. The authority has any and all powers necessary and convenient to carry out its purposes and duties, and exercise its specific powers, including but not limited to the power to: a. Issue its negotiable bonds and notes as provided in this chapter in order to finance its programs. In addition, the authority may issue b…
In addition to the general powers of the authority, the authority shall have all powers convenient and necessary to carry out its programs, including but not limited to the power to: 1. Make property improvement loans and mortgage loans, including but not limited to mortgage loans insured, guaranteed, or otherwise secu…
The authority has all of the general and specific powers needed to carry out its purposes and duties as provided in this subchapter and to exercise its specific powers under subchapter VIII.
1. The authority may prohibit a person from receiving an award of financial assistance, or from being selected as a vendor to provide goods or services to the authority in any of the following circumstances: a. An act or omission by the person seriously affects or threatens public health, public safety, or the environm…
1. The duties of the authority under this section shall include but are not limited to the following: a. Develop a process for evaluating state policies, programs, statutes, and rules to determine whether any state policies, programs, statutes, or rules should be revised to help prevent and alleviate homelessness. b. E…
1. The director of the economic development authority shall also serve as the director of, and administer the operations of, the authority pursuant to section 15.106C, subsection 1, paragraph “b”. The director shall not, directly or indirectly, exert influence to induce any other officers or employees of the state to a…
1. The authority shall submit to the governor and to the general assembly, not later than January 15 each year, an annual report. 2. The annual report shall contain at least three parts which include all of the following: a. A general description of the authority setting forth: 1. Operations and accomplishments. 2. Rec…
In administering its programs under this chapter, the authority shall comply with all applicable state and federal laws relating to nondiscrimination and affirmative action.
State officers and state departments and agencies may render services to the authority within their respective functions as requested by the authority.
1. As used in this section, “member” means each individual appointed to any of the following: a. The board of directors of the authority created pursuant to section 16.2. b. The board of directors of the agricultural development division created pursuant to section 16.2C. 2. a. If a member or employee of the authority…
1. A member, as defined in section 16.13, or a person acting on behalf of the authority while acting within the scope of the member’s or person’s agency or employment, is not subject to personal liability resulting from carrying out the powers and duties in this chapter. 2. The United States and the secretary of agricu…