The Ottumwa Courier

Southeast Iowa

June 25, 2014

Joint venture is first for trust, IHCC

Chariton Valley Regional Housing Trust Fund and Indian Hills Community College announce the completion of their first joint venture. With funding provided by CVRHTF, local donors, Iowa Finance Authority and the IHCC building trades class, a new home has been constructed 1113 S. 15th St. in Centerville.

An open house for the public is scheduled for Saturday, June 28 from 9 a.m. to 1 p.m. Anyone interested in viewing the new home is invited to attend. Food will be served.

CVRHTF was organized in 2010 as an Iowa 501(c)(3) non-profit corporation to provide loans and grants to low and moderate income residents located within the Chariton Valley four county area of Appanoose, Lucas, Monroe and Wayne. Loans or grants are made to eligible families to repair or improve their homes, remove blighted properties, encourage the use of green building methods, advocate for accessibility and universal design and advance the availability of single-family housing options.

The goal of this project was to add to the housing stock in the community and to make this new home affordable to low-and-moderate income families.

The construction technology program, long known as building trades, is under the instruction of Mark Walsh and Ty Ware. Classes range from 15 to 20 students who get the opportunity to work on all aspects of building a house from start to finish.

CVRHTF executive director is Linda Allen. It is presently in its fourth year of funding from IFA. It has a 12 member board. Appanoose County board members are Carl Cisler, Tod Faris and George Johnson.

The new home on South 15th Street has three bedrooms, two baths and a double attached garage. The intent of CVRHTF is to utilize the proceeds from the sale of this home to construct a second home on Madison Street in Centerville, again being made available to lower income purchasers.

CVRHTF is one of 29 similar organizations in Iowa funded by the Iowa Housing Finance to improve Iowa’s older housing stock.



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