Iowa Real Estate Investors Association &
Iowa Landlord Association

Links to resources for COVID-19 related news which may directly, or indirectly, impact the business of our members or industry stakeholders, including:
                    •  Residential Rental Property Owners
                    •  Residential Rental Property Managers
                    •  Real Estate Entrepreneurs 

 

Short Executive Summary of the Immediately Pertinent Action Items:  

Latest Info:  Found below
2020.06.09 - Posted NEW ISC Supervisory Order (2020.05.22)
2020.06.09 - IFA -- Housing Recovery Information -- grants for Tenants to pay Landlords Directly 

Results of our "Survey on Governor's Proclamation & the Courts regarding Evictions Moratorium".   (106 Responded as of May 5).  Also -- Responses regarding delinquencies

URGENT ALERT! - 
ACLU and 22 Agencies petition Gov. Reynolds to extend the moratorium for 45 days!  

DM Register Article - Headline News Story -- May 23 in Sunday Paper 
We expect to petition the Governor on May 26 with a letter of our own.   
 

Q. Is the Eviction Moratorium still effective? 
A.  No. The eviction moratorium was lifted by Governor Reynolds on May 28th. 

Q.  How is the court doing with scheduling for FED hearings?   
A.  In Polk County, the delay is about 45 days, instead of the usual 8 or 15 days.      Different counties will have different time tables.  Check with Clerk of Court in your county.  

   
Q.  Is the moratorium on evictions and foreclosures for government backed loans; FHA, VA, Dept of AG, and loans purchased and held by Fannie Mae (FNMA) and Freddie Mac (FHLMC) still in effect? 
A.  Yes.   Through June 30, for sure.  Not sure if it has been extended.   Check the HUD website at https://www.hud.gov/.   


Any information a reader has that can improve the accuracy of the above is welcomed!  

Please contact us at
info@IaREIA.com
or (515) 274-0300 or (515) 710-1955 or (515) 255-0675  

Business Loans from CARES Act + Mortgage Loan Info

- SBA EIDL Advance Loans -- A report which includes Iowa, as of April 24, 2020
- SBA PPP -- Loan Information for Self-Employed (Schedule C Filers)  
- Inc.com -- SBA's $10,000 EIDL Loans Come with New Caveats
- CARES - Small Business Paycheck Protection Program (PPP) 

- CARES - PPP  Fact Sheet for Borrowers 
- CARES - FA$TRAK PPP Application for Borrowers
- SBA Loans How-to -- EIDL (Emergency Injury Disaster Loan)  
- SBA EIDL Advance -- You may be eligible for a $10,000 Advance  



Statewide Proclamations and Issues

Proclamations of Governor Reynolds
2020.04.27 - Proclamation extends Evictions Moratorium through May 27, 2020 - see Page 20 for specifics.  NOTE: "Iowans should not expect that I will issue any further extension of this suspension past May 27, 2020"   
2020.04.02 - Proclamation - see Page 17 for Suspension of Foreclosures and Certain Evictions 
2020.03.20 - Proclamation includes eviction
moratorium 
                               
Iowa Judicial Branch - Supervisory Orders
- 2020.05.22 - New Supervisory Order -- See Paragraphs 37-40 
2020.04.02 - This is a combination of seven (7) Supervisory Orders, since March 12 - See Paragraphs 23 & 26 in re: Evictions (FED's) and Original Notices 
2020.03.17 - COVID-19 Impact on Court Services 

Iowa Finance Authority - Special Programs to help limit your loses!   
- 2020.06.05 - Eviction Prevention Landlord Information <-- LOOK HERE! Is your tenant eligible?  If so, they could receive approval on a grant that can be sent directly to you, the landlord, for up to $3,200!  
- 2020.06.01 - Eviction & Foreclosure Prevention Program
                  

Legal Issues for Landlords
- Iowa Legal Aid "What you need to know about Evictions" - updated 4/2/2020 - Great resource!  (We could try to duplicate the above link yet we don't have 10 lawyers & a covey of staff people on the payroll.  Thus, here is a valuable resource which an organization with a BUDGET is diligently keeping up-to-date.  We highly recommend our Landlords and Property Managers review this information).  


Local Issues -- Pertinent updates for Municipalities across Iowa 

Email correspondence -  SuAnn Donovan, Zoning & NID Administrator, City of DSM  - in re: Inspections, HAB, etc. 


National REIA Bulletins & COVID-19 Related News

Updates from National REIA on COVID-19 for Investors  


Links of General Interest COVID-19 Resources

(Please let us know what else should be here!)  

- World & United States statistics on COVID-19 - provides latest case counts
CIDRAP.umn.edu -  Center for Infectious Disease Research and Policy 
- http://coronavirus.iowa.gov/ - Covid-19 in Iowa
- The Stimulus bill called CARES -- where the money will be allocated.  

- Iowa Workforce Development  
- Hotline for COVID-19 Questions answered 24/7 - (800) 244-7431
- Iowa COVID-19 Legal Issues HotLine -- (800) 332-0419  (Line is actually served by Iowa Legal Aid.  Not much help to Landlords, unfortunately).  




Scientific but short video review of the Coronavirus commonly known as COVID-19  (a/k/a SARS-CoV-2) . 
Clicking the picture leads to a 5-min. Youtube Video. 

Contact Us

Iowa Real Estate Investors Association

2175 NW 86th St Ste 16
Clive, IA 50325-5557
(515) 255-0675

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