For purposes of this chapter, unless the context otherwise
requires:
"Authority" means the Iowa finance authority
created in Iowa Code section
16.1A.
"Council of governments" or
"COG" means an Iowa council of governments as defined by Iowa
Code chapter 28H.
"Disaster-affected home" means a primary
residence that is destroyed or damaged due to a natural disaster that occurs on
or after June 16, 2021, and that is located in a county that is the subject ofa
state of disaster emergency proclamation by the governor that authorizes
disaster recovery housing assistance.
"Fund" means the disaster recovery housing
assistance fund.
"Local program administrator" means the same
as defined in subrule 29.2(1).
"Program" means the disaster recovery housing
assistance program, except for where the term "program" is used in rule
265-29.8 (16).
"Replacement housing" means housing purchased
by a homeowner or leased by a renter needed to replace a disaster-affected home
that is destroyed or damaged beyond reasonable repair as determined by a local
program administrator.
"Retention agreement" means an agreement as
described in subrule 29.5(6).
"Retention period" means a period of time
during which a retention agreement will remain in place. The retention period
will begin on the date of a loan closing or the date repairs are completed and
will end five years after the beginning of the retention period.
"State of disaster emergency" means the same
as described in Iowa Code section
29C.6(1).
