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Van Buren supervisors commit $1,441 to regional housing fund and renew five-year risk-pool agreement

Van Buren County Board of Supervisors · July 22, 2024
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Summary

On July 22 the board adopted a $1,441 base contribution to the AHEAD Regional Housing Trust Fund contingent on FY2025 state funding and authorized the chair to sign a five-year Heartland Insurance Risk Pool renewal covering July 1, 2025–June 30, 2030.

The Van Buren County Board of Supervisors on July 22 adopted Resolution #07-22-2024B committing a base contribution of $1,441 to the AHEAD Regional Housing Trust Fund, contingent on FY2025 funding by the State Housing Trust Fund/Iowa Finance Authority.

The resolution states the county supports the programs and services of the AHEAD RHTF and will contribute the base amount plus $0 local match pending the state funding decision. The motion to adopt the resolution was moved by Richards and seconded by House; roll call was House — Aye, Meek — Not Present, Richards — Aye.

The board also discussed and approved renewal of the Heartland Insurance Risk Pool agreement for a five-year term beginning July 1, 2025, and running through June 30, 2030. On motion by Richards, seconded by House, the chairman was authorized to sign the Risk Pool Agreement.

Both actions passed with two supervisors voting in favor and one supervisor not present. The AHEAD commitment is explicitly tied to forthcoming state funding and will take effect if and when the State Housing Trust Fund/Iowa Finance Authority provides FY2025 funding.