RCDC announces plans for new home partnership
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Ringgold County Development Corporation, in partnership with the City of Mount Ayr, is pleased to announce the start of the application process for placement of a new Homes for Iowa home at 503 W. Monroe Street in Mount Ayr.
The new construction will be a three-bedroom, two-bathroom home totaling 1,203 square feet with an attached two car garage, offering high-quality, affordable housing to eligible Iowans.
The Homes for Iowa program is a unique public-private initiative designed to address two critical issues in the state: the shortage of affordable housing and the need for job training and rehabilitation opportunities within Iowa’s correctional system. Homes are constructed by incarcerated men who are trained in skilled trades, then sold to qualified buyers across the state.
As of mid-2024, the program has successfully built, sold, and delivered 91 homes across Iowa.
Key features of the home include:
• 2×6 frame construction, stick-built at the Homes for Iowa Production Site near Newton Correctional Facility
• Clear-span engineered floor trusses and engineered, stamped roof trusses
• High-efficiency HVAC systems and electric water heater
• R-19 wall insulation and R-49 attic insulation with air sealing for energy efficiency
• Pella windows and durable, quality cabinetry with soft-close drawers
• Main floor laundry hookups and a bump-out window feature
• Built to 2015 International Residential Code and inspected by a state-approved third-party inspector
• Shipped utility-ready with fully completed exterior and interior finishes
The home will be available for purchase to buyers who meet the Homes for Iowa income eligibility guidelines. Buyers must have a taxable income (after credits and deductions) below $125,000, as verified by their most recent IRS Form 1040. You can contact Ringgold County Development Corporation Executive Director, Nicole McGinnis to discuss interest or if you have any questions on the project.
Ringgold County Development will also be issuing a Request for Proposals (RFP) for a General Contractor to assist with the final installation and site development. Additional details regarding the RFP will be announced in the near future.
This project reflects Ringgold County Development’s ongoing commitment to investing in community growth, providing accessible housing opportunities, and fostering partnerships that make a positive impact.
