The Housing Revitalization Program is focused on improving owner occupied housing in Council Bluffs. The 712 Initiative purchases homes that are in need of substantial improvements, makes improvements (safety, curb appeal) and lists the completed product on the market for owner occupied housing. The ultimate goal is to improve our neighborhoods and housing.Houses for webpage 01

Current Projects:

Down payment assistance is available for two of these homes in 2020. Assistance was made possible by the Pottawattamie County Housing Trust Fund. More information available below.

2307 3rd Avenue 702 Bluff Street 2209 6th Avenue 710 Bluff Street

Houses for webpage 02

Down Payment Assistance

 

Get Extra Help From the Iowa Housing Authority

The Iowa Finance Authority (IFA) is a state agency that helps low- and moderate-income Iowans attain housing through mortgage, down payment, and other relevant programs. Working to enhance the quality of life across our communities and connecting people with affordable financing resources to help turn your dreams into untold realities.

These programs can be utilized to purchase homes revitalized by The 712 Initiative (under the Housing Revitalization Program) as well as any other homes on the market. You can learn more about their homebuyer programs at iowafinance.com.

For help locally contact one of the following.


Why a Housing Revitalization Program?
   

The City of Council Bluffs faces many housing challenges that pose a risk to the stabilization of our neighborhoods. Owner occupied vs rental ratio, aging housing stock, rising construction prices, absence of neighborhood identity and connectedness, as well as a housing shortage which affects our ability to attract additional workforce. One way to start addressing these issues is to restore and preserve our community’s housing stock through rehabilitation

When reviewing 1-2 units residential structures in Council Bluffs (2019):

  • 548 properties were considered to be in Poor condition
    • Poor condition defined as: Major Deficiency – Significant surface wear is noticeable. The structure is slightly out of plumb with cracks, holes, or breaks evident in walls, foundation, and roof. Paint is blistered and windows, steps, etc., may need to be replaced. Major maintenance is needed.
  • 166 properties were considered to be in Dilapidated condition
    • Dilapidated is defined as: No Rehabilitation Feasibility – The structure is unsound and totally substandard. The foundation, roof, and bearing elements have substantial defects.

Houses for webpage 03The 712 Initiative is working to purchase properties in poor condition with the intent of completing a full renovation. Renovating the property helps to preserve the architectural fabric of the community and once renovated, the property can realize its full potential and ultimately improve the block. For more discussion and data on our findings, please see our Neighborhood Existing Housing Conditions & Analysis Report.

2019 Housing Analysis