reglab/statecodes huggingface dataset:
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 29 - Disaster Recovery Housing Assistance › Rule 265-29.9 - Financial Assistance Subject to Availability of Funding

Current through Register Vol. 47, No. 3, July 24, 2024
All financial assistance awarded pursuant to this chapter shall
				be subject to funds being made available to the authority for the purpose of
				awarding financial assistance to eligible homeowners and eligible renters in
				disaster-affected counties.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 30 - Qualified Midwestern Disaster Area Bond Allocation › Rule 265-30.1 - General

Current through Register Vol. 47, No. 3, July 24, 2024
The governor has appointed the executive director of the Iowa
				finance authority as the governor's designee responsible for administration of
				the law which establishes procedures for allocating the authority to issue up
				to a specified amount of qualified midwestern disaster area ("MDA") bonds as
				defined in Section 1400N of the Internal Revenue Code, as amended by the
				Heartland Disaster Tax Relief Act ("Act") of 2008. The Act was passed in
				response to the disasters attributable to the severe storms, tornadoes, and
				flooding that gave rise to any of the presidential declarations of a major
				disaster on or after May 20,2008, and before August 1,2008, under Section 401
				of the Robert T. Stafford Disaster Relief and Emergency Assistance Act and that
				were determined by the President to warrant individual or individual and public
				assistance from the federal government under such Act with respect to damages
				attributable to such severe storms, tornadoes, or flooding (collectively,
				"disasters"). The Act limits the aggregate face amount of bonds that may be
				designated as MDA bonds. The role of the governor's designee is to allocate on
				behalf of particular projects authorization to issue specified allotments of
				MDA bonds from the total aggregate face amount permitted MDA the Act. The
				authority to issue up to a specified face amount of MDA bonds, as allocated to
				a particular project pursuant to this chapter, may be referred to herein as an
				"allotment." Procedures set out in the Act and in these rules shall be followed
				in allocating allotments for the various purposes authorized by the Act. The
				allotments shall be allocated among all eligible applicants for those various
				purposes in accordance with the Act, Executive Order Number 9, and these
				rules.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 30 - Qualified Midwestern Disaster Area Bond Allocation › Rule 265-30.2 - Forms

Current through Register Vol. 47, No. 3, July 24, 2024
Information and forms necessary for compliance with provisions
				of the law are available upon request from the Iowa finance authority at the
				address set forth in rule
				265-1.3 (16). The telephone
				number of the authority is (515)725-4900. Information and forms are also
				available at
www.iowafinanceauthority.gov
.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 30 - Qualified Midwestern Disaster Area Bond Allocation › Rule 265-30.3 - Eligibility for Allocation

Current through Register Vol. 47, No. 3, July 24, 2024
(1) In
			 the case of a project involving a private business use (as defined in Section
			 141(b)(6) of the Internal Revenue Code), to be eligible for an allotment, the
			 applicant must certify that the entity using the property either:
a. Suffered a loss in a trade or business
			 attributable to the disasters; or
b. Is a person replacing a trade or business
			 with respect to which another person suffered such a loss.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 30 - Qualified Midwestern Disaster Area Bond Allocation › Rule 265-30.4 - Allocation Limit and Iowa Department of Economic Development Set-aside

Current through Register Vol. 47, No. 3, July 24, 2024
(1) Per-applicant
			 cap; set-aside.
a. Through December 31, 2011,
			 allotments shall be limited to not more than $200 million per applicant, with
			 any related party, as defined under Section 267 of the Internal Revenue Code,
			 being included within the meaning of applicant for the application of subrule
			 30.4(1). This limitation shall not apply to any project recommended by the Iowa
			 department of economic development.
b. Through December 31, 2011, an amount of $3
			 00 million shall be set aside and made available to applicants selected by the
			 Iowa department of economic development. The director of the Iowa department of
			 economic development shall notify the authority in writing of the name of each
			 applicant that is to receive an allotment under subrule 30.4(1) and the amount
			 allotted to each applicant. Promptly upon receipt of this written notice, the
			 authority shall award the designated allotment to said applicant.
c. Following December 31, 2011, all
			 unallocated allotments under paragraph 30.4(1) "b)" shall be available to all
			 eligible projects. Following December 31, 2011, the per-applicant cap set forth
			 in paragraph 30.4(1)"a" shall not apply.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 30 - Qualified Midwestern Disaster Area Bond Allocation › Rule 265-30.5 - Application for Allocation

Current through Register Vol. 47, No. 3, July 24, 2024
(1) An
			 applicant must produce to the governor's designee an inducement resolution
			 adopted by a governmental entity authorized to issue bonds.
(2) An applicant or beneficiary, or the duly
			 authorized agent of an applicant or beneficiary, must make an application by
			 filing the form entitled "Application for Midwestern Disaster Area Bonds"
			 available from the governor's designee for the allocation of an
			 allotment.
(3) Applications may be
			 submitted to the Iowa finance authority offices at any time. All applications
			 received on or prior to December 22, 2008, will be deemed received
			 simultaneously as of the date, hour and minute of the opening of business of
			 the Iowa finance authority on the first business day immediately following
			 December 22, 2008.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 30 - Qualified Midwestern Disaster Area Bond Allocation › Rule 265-30.6 - Certification of Allocation

Current through Register Vol. 47, No. 3, July 24, 2024
Upon receipt of a completed application, the governor's
				designee shall promptly certify to the applicant the amount of the allotment
				allocated to the project for which the application was submitted. Subject to
				subrule 30.4(1), the governor's designee shall continue to allocate allotments
				for eligible projects until the allotments allocated equal the maximum
				aggregate face amount that may be designated as MDA bonds under the Act or
				until there are no more applications, whichever occurs first. If the remaining
				allotment capacity is not sufficient to fully fund an application which is next
				in order for allocation, the governor's designee shall notify the applicant of
				the amount that is available and the applicant shall have the option to take
				what is available within five calendar days of receiving notice of
				availability. If the applicant does not notify the governor's designee of its
				decision to take the available allocation within five calendar days of
				receiving notice of that option, an allotment shall be offered to the next
				application on the list under the same conditions. If the partial allocation is
				accepted, the applicant shall submit a new application for an additional
				allotment and that application will be added to the bottom of the list in the
				chronological order of its receipt. If the bonds are issued and delivered prior
				to the expiration date of the allocation, then the applicant or the applicant's
				attorney shall within ten days following the issuance and delivery of the bonds
				notify the governor's designee by filing the form captioned "Notice of Issuance
				and Delivery of Bonds."
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 30 - Qualified Midwestern Disaster Area Bond Allocation › Rule 265-30.7 - Expiration of Allocations

Current through Register Vol. 47, No. 3, July 24, 2024
An allocation of an allotment pursuant to this chapter shall
				remain valid for 150 days from the date of allocation. If the sale of bonds for
				which an allocation was made has not closed within such time, the allocation
				shall expire and the allotment shall revert to the governor's designee to be
				reallocated, if possible; provided, however, that if the 150th day following
				the date of allocation is a Saturday, Sunday, or any day on which the offices
				of the state banking institutions or savings and loan associations in the state
				are authorized or required to close, the expiration date shall be extended to
				the first day thereafter which is not a Saturday, Sunday or previously
				described day. All MDA bonds must be issued prior to January 1,
				2013.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 30 - Qualified Midwestern Disaster Area Bond Allocation › Rule 265-30.8 - Resubmission of Expired Allocations

Current through Register Vol. 47, No. 3, July 24, 2024
If an allocation expires, the applicant may resubmit its
				application for the same project or purpose. However, the resubmitted
				application shall be treated as a new application, and preference, priority or
				prejudice shall not be given to the application or the applicant as a result of
				the prior application.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 30 - Qualified Midwestern Disaster Area Bond Allocation › Rule 265-30.9 - Application and Allocation Fees

Current through Register Vol. 47, No. 3, July 24, 2024
The Iowa finance authority may set and charge reasonable fees
				for providing administrative assistance with regard to the filing of
				applications and the allocation of the qualified MDA bond allotments in
				accordance with these rules.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 31 - Council on Homelessness › Rule 265-31.1 - General

Current through Register Vol. 47, No. 3, July 24, 2024
(1)
Location and staff.
a. The main office of the council is located at
			 the offices of the Iowa finance authority, located at the address set forth in rule
			 265-1.3 (16). Office hours for the council shall be 8 a.m. to 4:30 p.m., Monday
			 through Friday, excluding legal holidays. Written requests may be submitted to the
			 council at this address. Information about the council is available at this website
			 address:
www.iowafinance.com
.
b. Staff assistance and administrative support
			 shall be provided by the Iowa finance authority as approved by the executive
			 director.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 31 - Council on Homelessness › Rule 265-31.2 - Duties of the Council

Current through Register Vol. 47, No. 3, July 24, 2024
The duties of the council shall be to:
1. 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.
2. Evaluate whether state
			 agency resources could be more efficiently coordinated with other state agencies to
			 prevent and alleviate homelessness.
3.
			 Work to develop a coordinated and seamless service delivery system to prevent and
			 alleviate homelessness.
4. Work to
			 identify causes and effects of homelessness and increase awareness among
			 policymakers and the general public.
5.
			 Advise the governor's office, the Iowa finance authority, state agencies, and
			 private organizations on strategies to prevent and eliminate homelessness.
6. Prepare a point-in-time report on homelessness
			 in Iowa and file the report with the governor and the general assembly on or before
			 the first day of December each year.
7.
			 Assist in the completion of the state's continuum of care application to the U.S.
			 Department of Housing and Urban Development.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 32 - Iowa Jobs Program › Rule 265-32.1 - Purpose

Current through Register Vol. 47, No. 3, July 24, 2024
The Iowa jobs board is charged by the Iowa legislature and the
				governor with establishing, overseeing and providing approval of the
				administration of the Iowa jobs program. The board will encourage and support
				public construction projects relating to disaster relief and mitigation and to
				local infrastructure.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 32 - Iowa Jobs Program › Rule 265-32.3 - Allocation of Funds

Current through Register Vol. 47, No. 3, July 24, 2024
All Iowa jobs funds shall be awarded and used as specified in
				2009 Iowa Acts, Senate File 376, and these rules. Any portion of an amount
				allocated for projects that remains unexpended or imencumbered one year after
				the allocation has been made by the board may be reallocated by the board to
				another project category, at the discretion of the board. All bond proceeds
				shall be expended within three years from when the allocation was initially
				made. The total amount of allocations for future flood prevention,
				reconstruction and replacement of local public buildings, disaster rebuilding,
				flood control and flood protection projects (pursuant to the local
				infrastructure competitive grant program) shall not exceed $165 million for the
				fiscal year beginning July 1, 2009.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 32 - Iowa Jobs Program › Rule 265-32.4 - Local Infrastructure Competitive Grant Program

Current through Register Vol. 47, No. 3, July 24, 2024
The board shall assist in the development and completion of
				public construction projects relating to disaster relief and mitigation and to
				local infrastructure by overseeing and providing approval of the administration
				of a local infrastructure competitive grant program, as set forth
				herein.
(1)
Iowa jobs program
			 review committee.
The Iowa jobs program review committee shall
			 comprise five members, consisting of the following members of the Iowa jobs
			 board: three of the general public members, as appointed to the review
			 committee by the Iowa jobs chair, the executive director of the Iowa finance
			 authority (or designee), and the director of Iowa workforce development (or
			 designee). The review committee shall comply with Iowa Code chapter 21 and with
			 Iowa Code sections
			 69.16
			 and
			 69.16A. From its
			 public members, the review committee shall elect a chair and a vice chair
			 Two-thirds of the review committee members eligible to vote shall constitute a
			 quorum authorized to act in the name of the review committee.
(2)
Eligible applicants.
Eligible applicants for Iowa jobs local infrastructure competitive grant
			 program funds shall be Iowa cities, Iowa counties, and public
			 organizations.
(3)
Eligible
			 projects and forms of assistance.
For a project to be eligible to
			 receive a competitive grant from the board, the project must be a public
			 construction project in the state of Iowa with a demonstrated substantial
			 local, regional, or statewide economic impact. Financial assistance shall be
			 awarded only in the form of grants. An applicant for a competitive grant shall
			 not receive more than $50 million in financial assistance from the Iowa jobs
			 restricted capitals fund.
a. Any award of a
			 competitive grant to a project shall be limited as follows:
(1) Up to 75 percent of the total cost of a
			 project for replacing or rebuilding existing disaster-related damaged property;
			 or
(2) Up to 50 percent of the
			 total cost for all other projects.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 32 - Iowa Jobs Program › Rule 265-32.6 - General Grant Conditions

Current through Register Vol. 47, No. 3, July 24, 2024
As a condition of receipt of Iowa jobs funds, recipients shall
				agree, at a minimum, to all of the following:
(1)
Documentation of jobs created or
			 retained.
Following the receipt of grant funds pursuant to this
			 chapter and for two years following the completion of the project, each
			 recipient shall report to the authority quarterly the actual number of jobs
			 created as a result of the project along with other information relating to the
			 quality of such jobs, including hours and wages, as requested by the
			 authority.
(2)
Recipient
			 obligations.
In the event a recipient fails to comply with the
			 requirements of this program or the recipient's grant agreement, the board may
			 cancel the recipient's grant and require the return of any grant funds
			 previously disbursed pursuant to this program. Recipients shall agree to hold
			 harmless and to indemnify the Iowa jobs board, the authority, the state of
			 Iowa, and their officers, employees and agents from any claims, costs or
			 liabilities arising out of the development or operation of the
			 project.
(3)
Grant
			 acknowledgment.
Each project shall recognize in a prominent location
			 and manner the fact that the project was made possible, in part, through a
			 grant from the Iowa jobs program. During the construction period the
			 recognition (including a display of the Iowa jobs logo) may be located on
			 temporary signage. The completed project shall feature a permanent
			 acknowledgment, such as a plaque or a similar commemoration. Other benefactors
			 of the project may be similarly acknowledged as well.
(4)
Use of Iowa jobs Web
			 site.
All positions that need to be filled for a project shall be
			 posted on Iowa workforce development's Iowa jobs Web site:
www.iowaiobs.org/.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 32 - Iowa Jobs Program › Rule 265-32.7 - Calculation of Jobs Created [see Objection at End of Chapter]

Current through Register Vol. 47, No. 3, July 24, 2024
For purposes of this chapter, new employment positions created
				and filled (or to be created and filled) as a result of the project and
				existing positions that would not have been continued were it not for Iowa jobs
				funding shall be counted when estimating the number of jobs to be created
				during the application process and when counting the number of actual jobs
				created in post-grant reporting. Permanent positions filled by the grantee, a
				contractor, or a subcontractor (or sub-subcontractor, etc.), including
				construction work, shall be counted. To be counted, a position must be
				compensated. Indirect jobs and induced jobs shall not be
				counted.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 32 - Iowa Jobs Program › Rule 265-32.8 - Grant Awards

Current through Register Vol. 47, No. 3, July 24, 2024
The lowa jobs board may fund a component of a proposed project
				if the entire project does not qualify for funding. The board shall review
				awards made to ensure geographic diversity. In order to promote geographic
				diversity, the board may defer grant decisions on applications from areas which
				have received previous grant awards to allow applications from other parts of
				the state to be considered. In the event that a competitive grant recipient,
				prior to execution of an lowajobs grant agreement, is awarded a federal grant
				for its project, in whole or in part, which federal grant, or the possibility
				thereof, was not disclosed as part of the recipient's application, the board
				may withdraw all or part of the lowajobs program grant.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 32 - Iowa Jobs Program › Rule 265-32.9 - Administration of Awards

Current through Register Vol. 47, No. 3, July 24, 2024
(1) A
			 grant agreement shall be executed between successful applicants (under both the
			 competitive and noncompetitive grant programs) and the Iowa jobs board. These
			 rules and applicable state laws and regulations shall be part of the contract.
			 The board reserves the right to negotiate wage rates as well as other terms and
			 conditions of the contract.
(2)
			 Grant agreement.
a. Following the board's
			 determination that a competitive grant application should be approved,
			 authority staff shall propose a draft grant agreement to the recipient. Within
			 30 days of either transmission of the proposed grant agreement to the recipient
			 or transmission of notice of how the proposed grant agreement may be accessed
			 by the recipient via the Internet, the recipient shall notify the authority as
			 to whether the recipient will execute the proposed agreement or whether the
			 recipient would prefer to negotiate a different agreement. If the recipient
			 elects to execute the proposed agreement, or if the recipient fails to make a
			 timely election, the authority shall prepare and transmit to the recipient on
			 behalf of the board a final contract for execution.
b. If the recipient elects to negotiate a
			 different agreement, the recipient shall, at the time it makes such election,
			 notify the authority of the requested changes to the proposed grant agreement.
			 The authority shall consider the requested changes and may make such revisions
			 to the proposed agreement as the authority determines to be prudent and in the
			 best interests of the Iowa jobs program and the state of Iowa under the
			 circumstances.
c. Once the
			 authority and the recipient have reached an agreement, the authority shall
			 prepare and transmit to the recipient on behalf of the board a final contract,
			 subject to approval by the board.
d. If the authority and the recipient are
			 unable to reach an agreement, the authority shall, with the board's approval,
			 draft and transmit to the recipient on behalf of the board a final contract
			 consisting of the Iowa jobs board's best and final offer
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 33 - Water Quality Financial Assistance Program › Rule 265-33.1 - Overview

Current through Register Vol. 47, No. 3, July 24, 2024
(1)
Statutory authority.
The authority to provide financial
			 assistance to communities for water quality and wastewater improvement projects
			 is provided by 2009 Iowa Acts, Senate File 376, section 13(4). The water
			 quality financial assistance fund shall consist of funds appropriated from the
			 revenue bonds capitals fund created in Iowa Code section
			 12.88.
(2)
Purpose.
The
			 purpose of the program shall be to provide grants to enhance water quality and
			 to assist communities with water and wastewater improvement projects. Financial
			 assistance under the program shall be used to provide additional assistance to
			 communities receiving loans from the Iowa water pollution control works and
			 drinking water facilities financing program.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 33 - Water Quality Financial Assistance Program › Rule 265-33.2 - Definitions

Current through Register Vol. 47, No. 3, July 24, 2024
"Authority"
or
"IFA"
means
				the Iowa finance authority as established by chapter 16 of the Code of
				Iowa.
"Community"
means a city, county, sanitary
				district, water district, state agency, or other governmental body or
				corporation empowered to provide sewage collection and treatment services, or
				any combination of two or more of the governmental bodies or corporations
				acting jointly, in connection with a project.
"Department"
or
"DNR"
means
				the Iowa department of natural resources.
"Director"
means the director of the
				authority.
"Program"
means the water quality financial
				assistance program created in 2009 Iowa Acts, Senate File 376, section
				13(4).
"Recipient"
means the entity receiving funds
				from the program.
"SRF"
means the Iowa water pollution control
				works and drinking water facilities financing program, which is jointly
				administered by IFA pursuant to Iowa Code section
				16.131
				and DNR pursuant to Iowa Code section
				455B.294.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 33 - Water Quality Financial Assistance Program › Rule 265-33.3 - Small Community Assistance Fund

Current through Register Vol. 47, No. 3, July 24, 2024
(1)
Program fund.
Of the amount appropriated, $35 million shall be
			 allocated to the small community assistance fund. The maximum award for a
			 recipient under the small community assistance fund shall be $2
			 million.
(2)
Project
			 eligibility.
Financial assistance shall only be available under the
			 program for projects that are also receiving funding from the SRF.
(3)
Eligible applicants.
Only communities with a population of 10,000 or less, as determined by the most
			 recent federal census, may apply for the small community assistance
			 fund.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 33 - Water Quality Financial Assistance Program › Rule 265-33.4 - Large Community Assistance Fund

Current through Register Vol. 47, No. 3, July 24, 2024
(1)
Program fund.
Of the amount appropriated, $20 million shall be
			 allocated to the large community assistance fund. The maximum award for a
			 recipient under the large community assistance fund shall be $100 per capita.
			 For purposes of these rules, the population of a community shall be assumed to
			 be the United States Census Bureau's 2008 population estimate for that
			 community.
(2)
Project
			 eligibility.
Eligible projects are those projects that are also
			 receiving funding from the SRF.
(3)
Eligible applicants.
Only communities with a population of
			 more than 10,000, as determined by the most recent federal census, may apply
			 for the large community assistance fund.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 33 - Water Quality Financial Assistance Program › Rule 265-33.5 - Project Priority

Current through Register Vol. 47, No. 3, July 24, 2024
(1)
Priority for all projects.
Priority shall be given to projects
			 that will provide significant improvement to water quality in the relevant
			 watershed; this criterion will be determined by the score given to a project by
			 the department pursuant to the project priority rating system used for the
			 water pollution control state revolving fund set forth in 567-Chapter 91, Iowa
			 Administrative Code. For drinking water projects, priority will be determined
			 by the project priority system used for the drinking water state revolving fund
			 set forth in 567-Chapter 44, Iowa Administrative Code. Priority will also be
			 given to projects based on the date upon which construction could
			 begin.
(2)
Small community
			 assistance fund priority.
Under the small community assistance fund,
			 priority shall also be given to communities that have the greatest financial
			 need. Factors used to determine need will include, but are not limited to:
			 median household income as a percentage of the statewide median household
			 income; residential user rates as a percentage of median household income; the
			 existing and forecasted debt of the system; and the unemployment rate of the
			 community.
(3)
Large
			 community assistance fund priority.
Under the large community
			 assistance fund, priority will be given to communities that did not receive
			 funds from the I-Jobs disaster recovery program, the community development
			 block grant (CDBG) disaster allocation or the State Revolving Fund (SRF)
			 federal American Recovery and Reinvestment Act (ARRA).
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 33 - Water Quality Financial Assistance Program › Rule 265-33.6 - Project Funding

Current through Register Vol. 47, No. 3, July 24, 2024
(1)
Applications.
Applications will be accepted on forms developed
			 by IFA and available at
www.iowafinanceauthority.gov
. IFA
			 will coordinate with other applicable state or federal financing programs when
			 possible. Applications for the large community assistance fund will be due
			 October 30, 2009. Applications for the small community assistance fund will be
			 due March 30, 2010.
(2)
Costs.
All eligible costs must be documented to the
			 satisfaction of the authority before proceeds may be disbursed.
(3)
Record retention.
The
			 recipient shall maintain records that document all costs associated with the
			 project. Recipients shall agree to provide the authority access to these
			 records. The recipient shall retain such records and documents for inspection
			 and audit purposes for a period of three years from the date of the final grant
			 payment.
(4)
Site
			 access.
The recipient shall agree to provide the authority, the
			 department and the department's agent access to the project site at all times
			 during the construction process to verify that the funds are being used for the
			 purpose intended and that the construction work meets applicable state and
			 federal requirements.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 33 - Water Quality Financial Assistance Program › Rule 265-33.7 - Termination and Rectification of Disputes

Current through Register Vol. 47, No. 3, July 24, 2024
(1)
Termination.
The
			 authority shall have the right to terminate any grant when terms of the
			 agreement have been violated. Grants are subject to termination if construction
			 has not begun within one year of the execution of a grant agreement. The
			 director will establish a repayment schedule for funds already disbursed to the
			 recipient. All terminations will be in writing.
(2)
Rectification of
			 disputes.
Failure of the recipient to implement the approved project
			 or to comply with the applicable requirements constitutes grounds for the
			 authority to recapture or withhold funds. The recipient is responsible for
			 ensuring that the identified problem(s) is rectified. Once the deficiency is
			 corrected, the funds can be released. A recipient that disagrees with the
			 director's withholding of funds may request a formal review of the action. The
			 recipient must submit a request in writing to the director within 30 days of
			 notification by the authority of its planned action.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 36 - Public Service Shelter Grant Fund › Rule 265-36.1 - Public Service Shelter Grant Fund Allocation Plan

Current through Register Vol. 47, No. 3, July 24, 2024
The allocation plan entitled Iowa Finance Authority Public
				Service Shelter Grant Fund Allocation Plan dated June 2009 shall be the
				allocation plan for the award, pursuant to the public service shelter grant
				fund program, of funds held within the public service shelter grant fund
				established in 2009 Iowa Acts, Senate File 376, section 28. The allocation plan
				for the public service shelter grant fund program is incorporated by reference
				pursuant to Iowa Code section I7A.6 and 265-subrules 17.4(2) and
				17.12(2).
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 36 - Public Service Shelter Grant Fund › Rule 265-36.2 - Location of Copies of the Plan

Current through Register Vol. 47, No. 3, July 24, 2024
The allocation plan for the public service shelter grant fund
				program may be reviewed and copied in its entirety on the authority's Web site
				at
www.iowafinanceauthority.gov
. Copies
				of the allocation plan for the public service shelter grant fund program, the
				application forms, and all related attachments and exhibits, if any, shall be
				deposited with the administrative rules coordinator and at the state law
				library. The plan incorporates by reference 2009 Iowa Acts, Senate File 376,
				section 28.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 37 - Recovery Zone Bond Allocation › Rule 265-37.1 - General

Current through Register Vol. 47, No. 3, July 24, 2024
The American Recovery and Reinvestment Act of 2009 created two
				types of recovery zone ("RZ") bonds: recovery zone economic development
				("RZED") bonds and recovery zone facility ("RZ facility") bonds. The applicable
				provisions are codified in Sections 1400U-1 - 1400U-3 of the Internal Revenue
				Code of 1986, as amended. The law provides that eligible issuers in Iowa may
				issue up to $90 million of RZED bonds and up to $135 million of RZ facility
				bonds. Through Notice 2009-50, the Internal Revenue Service published the
				applicable RZ bond allocations for Iowa, which amounts are included as Exhibit
				A to this chapter
Pursuant to 2010 Iowa Acts, House File 2487 (the "Act"), the
				Iowa finance authority ("authority") has been charged with tracking the
				issuance of RZ bonds and making certain allocations of RZ bonding authority to
				ensure maximum use of this resource in the state.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 37 - Recovery Zone Bond Allocation › Rule 265-37.2 - Forms

Current through Register Vol. 47, No. 3, July 24, 2024
Information and forms necessary for compliance with provisions
				of the law are available upon request from the Iowa finance authority at the
				address set forth in rule
				265-1.3 (16). The telephone
				number of the authority is (515)725-4900. Information and forms are also
				available at
www.iowafinanceauthority.gov
.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 37 - Recovery Zone Bond Allocation › Rule 265-37.3 - Notice From the Authority to Issuers

Current through Register Vol. 47, No. 3, July 24, 2024
The authority will provide written notice to each county and to
				each large municipality (defined as a city with a population exceeding 100,000)
				of the amount of RZ bonding authority that has been allocated to it by the
				Internal Revenue Service. This written notice will include information about
				waiving such authority, pursuant to rule
				265-37.5
				(16), as well as notification of the requirement that issuers provide written
				notice to the authority of any issuance of RZ bonds.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 37 - Recovery Zone Bond Allocation › Rule 265-37.4 - Notice From Issuers to the Authority

Current through Register Vol. 47, No. 3, July 24, 2024
Within five business days of the issuance thereof (or within
				five business days of its receipt of the authority letter issued under rule
				265-37.3
				(16), for those issuers that have issued RZ bonds prior to April 12, 2010),
				each county or large municipality that issues RZED bonds or RZ facility bonds
				(or that allocates RZ bond authority to a local issuer) shall give the
				authority written notice, on a form provided by the authority, detailing the
				amount and type of RZ bonds that were issued.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 37 - Recovery Zone Bond Allocation › Rule 265-37.5 - Waiver of Rz Bonding Authority

Current through Register Vol. 47, No. 3, July 24, 2024
(1) A county or large municipality that has
			 received an allocation of RZ bonds may, prior to July 1,2010, voluntarily waive
			 all or part of such allocation to the authority by completing the applicable RZ
			 bond waiver form provided by the authority.
(2) As provided in the Act, any portion of a
			 county or large municipality's RZ bond allocation that has not been used by
			 July 1, 2010, is deemed waived, and such amount will be subject to reallocation
			 by the authority pursuant to rule
			 265-37.7 (16). The
			 authority will consider an allocation (or a portion thereof) used if the issuer
			 for such allocation has taken substantive action toward issuance of the
			 applicable RZ bonds. "Substantive action" includes, but is not limited to, (a)
			 the adoption of resolutions or ordinances authorizing the sale or issuance of
			 bonds, or (b) the completion of procedures, such as public hearings, referenda
			 or related petition periods, to vest authority for the issuance of
			 bonds.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 37 - Recovery Zone Bond Allocation › Rule 265-37.6 - Application for Allocation of Recaptured or Waived Rz Bond Authority

Current through Register Vol. 47, No. 3, July 24, 2024
(1) An applicant or
			 beneficiary, or the duly authorized agent of an applicant or beneficiary,
			 requesting an allocation must make an application by filing the form entitled
			 "Application for Recovery Zone Bonds" available from the authority. Such
			 applicant must possess the ability to issue RZ bonds under state and federal
			 law.
(2) As part of its
			 application, the applicant must include a copy of the resolution or other
			 official action designating the recovery zone for which the application is
			 being made.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 37 - Recovery Zone Bond Allocation › Rule 265-37.8 - Certification of Allocation

Current through Register Vol. 47, No. 3, July 24, 2024
Upon receipt of a completed application and verification that
				sufficient RZ bonding authority exists for such application, the authority
				shall promptly certify to the applicant the amount of the RZED bond or RZ
				facility bond allocation, as applicable, awarded to the project for which the
				application was submitted. The authority shall continue to award allocations
				for eligible projects until the available recovery zone bonding authority is
				allocated. If the remaining capacity is not sufficient to fully fund an
				application which is next in order for allocation, the authority shall notify
				the applicant of the amount that is available and the applicant shall have the
				option to take what is available within five calendar days of receiving notice
				of availability. If the applicant does not notify the authority of its decision
				to take the available allocation within five calendar days of receiving notice
				of that option, an allotment shall be offered to the next application on the
				list under the same conditions.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 37 - Recovery Zone Bond Allocation › Rule 265-37.9 - Expiration of Allocations

Current through Register Vol. 47, No. 3, July 24, 2024
An allocation of recovery zone bonding authority pursuant to
				this chapter shall remain valid for 120 days from the date of allocation. If
				the sale of bonds for which an allocation was made has not closed within such
				time, the allocation shall expire and the allotment shall revert to the
				authority to be reallocated, if possible; provided, however, that if the 120th
				day following the date of allocation is a Saturday, Sunday, or any day on which
				the offices of the state banking institutions or savings and loan associations
				in the state are authorized or required to close, the expiration date shall be
				extended to the first day thereafter which is not a Saturday, Sunday or
				previously described day.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 37 - Recovery Zone Bond Allocation › Rule 265-37.10 - Resubmission of Expired Allocations

Current through Register Vol. 47, No. 3, July 24, 2024
If an allocation expires, the applicant may resubmit its
				application for the same project or purpose. However, the resubmitted
				application shall be treated as a new application, and preference, priority or
				prejudice shall not be given to the application or the applicant as a result of
				the prior application.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 37 - Recovery Zone Bond Allocation › Rule 265-37.11 - Application and Allocation Fees

Current through Register Vol. 47, No. 3, July 24, 2024
The Iowa finance authority may set and charge reasonable fees
				for providing administrative assistance with regard to the filing of
				applications and the allocation of the recovery zone bond allotments in
				accordance with these rules.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 38 - Iowa Jobs Ii Program › Rule 265-38.1 - Purpose

Current through Register Vol. 47, No. 3, July 24, 2024
The Iowa jobs board is charged by the Iowa legislature and the
				governor with establishing, overseeing and providing approval of the
				administration of the Iowa jobs II program. The board will encourage and
				support public construction projects relating to disaster
				prevention.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 38 - Iowa Jobs Ii Program › Rule 265-38.2 - Definitions

Current through Register Vol. 47, No. 3, July 24, 2024
When used in this chapter, the following definitions apply
				unless the context otherwise requires:
"Authority"
or
"IEA "
means
				the Iowa finance authority.
"Board"
means the Iowa jobs board as
				established in 2009 Iowa Code Supplement section
				16.191.
"Disaster"
means an occurrence that causes
				widespread or extensive destruction and distress, including but not limited to
				floods, tornadoes, blizzards, fires, earthquakes, terrorist attacks, aviation
				and environmental accidents, and similar catastrophes.
"Disaster prevention"
means the prevention,
				reduction (in number or in scope), mitigation, or amelioration of future
				disasters or the harm caused thereby.
"Financial feasibility"
means the ability of a
				project, once completed, to be maintained and operated for its useful life with
				funds either generated by the project itself or from an identifiable source of
				funds available for such purpose.
"Indirect jobs"
means jobs created by
				suppliers of materials used in the construction or operation of the
				project.
"Induced Jobs"
means jobs collaterally created
				throughout the economy by a project as employed workers and firms buy other
				goods and services.
"Iowa Jobs program review committee "
or
"review committee "
means the committee established by 2009
				Iowa Code Supplement section
				16.195.
"local infrastructure"
means projects relating
				to disaster prevention. "Local infrastructure" does not include routine,
				recurring maintenance or operational expenses or the leasing of a building,
				appurtenant structure, or utility without a lease-purchase agreement.
"local support"
means endorsement of a
				proposed project by local individuals, organizations, or governmental bodies
				that have a substantial interest in a project.
"Program "
means the Iowa jobs II program
				established in 2010 Iowa Acts, Senate File 2389, section 88.
"Public construction project"
means a project
				for the construction of local infrastructure by a county or city.
"Recipient"
means an entity under contract
				with the Iowa jobs board to receive Iowa jobs II program funds and undertake a
				funded project.
"Smart planning principles "
means the
				principles set forth in division VII of 2010 Iowa Acts, Senate File
				2389.
"Sustainability"
means the use, development,
				and protection of resources at a rate and in a manner that enable people to
				meet their current needs while allowing future generations to meet their own
				needs; "sustainability" requires simultaneously meeting environmental, economic
				and community needs.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 38 - Iowa Jobs Ii Program › Rule 265-38.3 - Allocation of Funds

Current through Register Vol. 47, No. 3, July 24, 2024
All Iowa jobs II funds shall be awarded and used as specified
				in 2010 Iowa Acts, Senate File 2389, division VII, and these rules. If a city
				or county that is awarded funds under the program has not begun drawing funds
				within one year of the date of the award, the grant shall terminate and no
				funds shall be disbursed unless the board, in its sole discretion, prior to the
				first anniversary of the date of the award, grants an extension due to
				extraordinary circumstances. Any portion of an amount allocated for projects
				that remains unexpended or unencumbered one year after the allocation has been
				made by the board may be reallocated by the board to another project category,
				at the discretion of the board. All bond proceeds shall be expended within
				three years from when the allocation was initially made. The total amount of
				allocations for disaster prevention projects (pursuant to the local
				infrastructure competitive grant program) shall not exceed $30 million for the
				fiscal year beginning July 1,2010.
Iowa Administrative Code › Agency 265 - Iowa Finance Authority › Chapter 38 - Iowa Jobs Ii Program › Rule 265-38.4 - Iowa Jobs Ii Program

Current through Register Vol. 47, No. 3, July 24, 2024
The board shall assist in the development and completion of
				public construction projects relating to disaster prevention by overseeing and
				providing approval of the administration of the Iowa jobs II grant program, as
				set forth herein.
(1)
Eligible
			 applicants.
Eligible applicants for Iowa jobs II local infrastructure
			 competitive grant program funds shall be Iowa cities and counties that apply
			 smart planning principles and guidelines pursuant to division VII of 2010 Iowa
			 Acts, Senate File 2389. A city or county shall be deemed to apply smart
			 planning principles if it has committed by resolution promptly to perform a
			 review to determine the potential advantages and disadvantages to the city or
			 county of adopting a comprehensive plan or, if the city or county already has a
			 comprehensive plan, of amending that comprehensive plan. By such resolution, to
			 be eligible, the city or county must also commit, in the event it is awarded a
			 grant imder the Iowa jobs II local infrastructure competitive grant program, to
			 complete the adoption or amendment of its comprehensive plan utilizing smart
			 planning principles within three years of the award of such grant.
(2)
Eligible projects and forms of
			 assistance.
For a project to be eligible to receive a competitive
			 grant imder the program, the project must be a public construction project
			 relating to disaster prevention to be located in the state of Iowa which will
			 have a demonstrated substantial local, regional, or statewide economic impact.
			 Financial assistance shall be awarded only in the form of grants. In the event
			 that a project has multiple intended uses or purposes, of which only a portion
			 is related to disaster prevention, then only that portion of the project
			 intended or designed for disaster prevention shall be deemed eligible.
a. Any award of a competitive grant to a
			 project shall be limited as follows:
(1) Up to
			 90 percent of the first $500,000 in total cost of the development and
			 completion of a public construction project relating to disaster
			 prevention;
(2) Up to 50 percent of
			 all additional costs of such project;
(3) An applicant or a combination of
			 applicants for a project within the same county shall not be awarded more than
			 40 percent of the funds available under the program.