76 new homes are being built in Cedar Rapids Iowa. A direct payment from a $15 million pot could help some Americans buy a new home there.

Those who meet the criteria can obtain direct payment amounts of up to $35,000 to buy a new home in Cedar Rapids Iowa

Qualifying candidates would be classified as low-to-medium-income families in Cedar Rapids, Iowa. The city will use $15 million from federal disaster recovery funds to create more affordable housing opportunities in Cedar Rapids, Iowa.

The Redeveloping Ownership Opportunities Together or ROOTs program and Cedar Rapids, Iowa seek to directly assist families affected by the derecho last 2020 that swept the Midwest.

The direct payment money comes from the US Housing and Urban Development Department and is assigned to the Iowa Economic Development Authority.

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A fund to allocate for building new homes for qualified residents in Cedar Rapids, Iowa

At least 76 single-family homes will be created through the program at Cedar Rapids, Iowa that could be obtained by eligible applicants.

Cedar Rapids, Iowa City Manager Jeff Pomeranz praised the program and financial opportunity for low-to-medium-income residents as a way for everybody to reunite.

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