The Housing Fund for Linn County

What The Housing Fund for Linn County does

The Housing Fund for Linn County is a non-profit organization established in 2007 that provides funding to expand affordable housing facilities in Linn County, Iowa. It functions as a specialized local housing finance entity, contributing matching capital to federal housing initiatives — most notably a $2,964,980 HUD Lead Hazard Reduction Grant awarded to the East Central Iowa Council of Governments (ECICOG), in which the fund is one of five regional partners alongside the Housing Trust Fund of Johnson County, East Central Iowa Housing Trust Fund, the City of Cedar Rapids, and the Greater Cedar Rapids Community Foundation.

The fund's revenue mechanics are grant-driven: it receives state-level capital allocations (including a $657,113 disbursement from the Iowa Finance Authority in December 2025) and participates in federally administered programs routed through ECICOG. It does not generate commercial revenue, charge fees, or operate a pricing model; its beneficiary population consists of affordable housing recipients within Linn County, and its customer-facing activity is limited to capital deployment for housing preservation and expansion. No headcount, payroll, software products, APIs, or technology stack have been disclosed in available sources.

Given its narrow geographic mandate (Linn County only) and reliance on a small set of state and federal funding channels, the organization's operational scale and reach cannot be precisely quantified from the available data.

Name

The Housing Fund for Linn County

Legal name

The Housing Fund for Linn County

Website

https://ecicog.org

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

The Housing Fund for Linn County is a 2007-founded non-profit that provides funding to expand affordable housing facilities in Linn County, Iowa, partnering with ECICOG and the Iowa Finance Authority on state and federal housing programs.

Ownership category

akta.pro rank

Product category

Affordable Housing Finance

NAICS

Community Housing Services (62422), Other Community Housing Services (624229)

SIC

Services-Social Services (8300), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)

akta.pro secondary industry

Affordable Rental & Multifamily Housing Finance Programs (LIHTC/Tax Credits/Subsidized Loans) (FSALAKAF)

Keywords

• Affordable housing funding
• Housing trust fund
• Community development finance
• Nonprofit housing grants
• Lead hazard remediation

Headquarters

HQ city

Linn

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Others

Core offering

The Housing Fund for Linn County is a non-profit regional housing fund that provides financing to expand affordable housing facilities in Linn County, Iowa. It functions as a matching-fund partner on federal grants such as the HUD Lead Hazard Reduction Grant awarded to ECICOG. Funds are deployed alongside peer housing trust funds and local government partners to support affordable housing development and rehabilitation.

Differentiator

Problem solved

Functional benefit

Products and services

• Affordable Housing Funding Non-profit funding capital provided to expand affordable housing facilities and projects in Linn County, Iowa; available to developers, municipalities, and partner organizations undertaking affordable housing work.
• HUD Lead Hazard Reduction Grant Matching Funds Local matching capital contributed alongside the Housing Trust Fund of Johnson County, East Central Iowa Housing Trust Fund, the City of Cedar Rapids, and the Greater Cedar Rapids Community Foundation to support ECICOG's HUD Lead Hazard Reduction Grant program in Eastern Iowa.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Expansion highlights2 records

Broad incumbents

• Enterprise Community Partners: National CDFI and intermediary that invests equity, debt, and grants into affordable housing; relevant peer for a local housing fund because both deploy subsidized capital toward LIHTC-adjacent preservation and production deals.
• Local Initiatives Support Corporation (LISC): National community-development intermediary financing affordable housing and neighborhood revitalization through local offices; analogous to HFFLC at the national level and a plausible funder/technical-assistance partner for small Iowa housing funds.
• Habitat for Humanity International: National nonprofit developer and financier of affordable housing; comparable to HFFLC in mission (expanding affordable supply) but operates at vastly larger scale and combines development, lending, and philanthropy rather than acting solely as a local match fund.
• NeighborWorks America: Federally supported network of local affordable-housing and community-development nonprofits; provides the national infrastructure and funding pipeline that HFFLC-style local housing funds plug into for capital and program support.
• Federal Home Loan Bank of Des Moines: Regional FHLB that administers an Affordable Housing Program providing grants to member-driven local housing funds; HFFLC-style entities in Iowa commonly rely on FHLB Des Moines capital for gap financing, making it a key upstream comparable.

Others

• East Central Iowa Council of Governments (ECICOG): Parent/host public-sector entity under which The Housing Fund for Linn County is administered; prime applicant on the HUD Lead Hazard Reduction Grant that HFFLC helps finance, providing programmatic scale and grant administration that the fund leverages.
• Greater Cedar Rapids Community Foundation: Confirmed co-funding partner on the HUD grant led by ECICOG; a regional philanthropic grantmaker in Linn County that complements public affordable-housing capital with private charitable dollars in the same geography.
• Iowa Finance Authority: State housing finance agency that is the fund's lead investor (~$657K round on 2025-12-04) and a primary capital source for affordable-housing programs across Iowa, providing the upstream funding layer that local housing funds like HFFLC rely on.

Direct peers

• East Central Iowa Housing Trust Fund: Listed alongside The Housing Fund for Linn County as a co-funder in the ECICOG HUD grant; operates in the same multi-county Eastern Iowa region with a near-identical mission of expanding affordable housing supply through pooled public/private capital.
• Housing Trust Fund of Johnson County: Confirmed match-fund partner of The Housing Fund for Linn County in the ECICOG HUD Lead Hazard Reduction Grant, serving an adjacent Eastern Iowa county with virtually the same nonprofit, county-level affordable housing finance mission.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/east-central-iowa-council-of-governments

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Housing Fund for Linn County