More About Grants

 

We are thrilled to announce that the State of Iowa has awarded Vastu Partners $4.9 million for the North Campus Ridge project! This transformative funding enables us to offer homes at below-market prices while developing an area of Fairfield that would otherwise be cost-prohibitive. The grant will support the demolition of the Reiff Grain and Feed structures and extend Fairfield's sewer, water, power, and internet services to a previously unserved area.

The State of Iowa and the City of Fairfield have prioritized affordable housing, especially in small rural towns. The grant award system favors small towns and specifies price caps on homes built under the program. The community around MIU is especially suited to take advantage of this type of grant, and as a result, Vastu Partner has been able to make use of over $10 million dollars in housing cost subsidies in the past 8 years. The North Campus Village and now the North Campus Ridge are shining examples of the grant program’s impact in rural communities, with over 200 affordably priced homes added to the Fairfield community.

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