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Des Moines ION program: city describes eligibility, repayment and recent outcomes
Summary
Property Improvement Administrator Dan Grauerholtz outlined the ION owner‑occupied rehab program (income limits, loan forgiveness schedules and maximums), partnership with Rebuilding Together and recent results including repairs and recoupment practices.
Dan Grauerholtz, property improvement administrator, briefed council on the city’s ION (owner‑occupied repair) program, its eligibility rules and how the city structures liens and forgiveness.
Grauerholtz said ION targets low‑ and moderate‑income owner‑occupants. He told council the income eligibility threshold is 80% of area median income (AMI) and noted HUD’s annually updated AMI figures are used for verification. He described program limits and repayment terms: standard ION awards are capped at $40,000 per property, Grauerholtz said; a…
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