Apartments  ·  Loan Programs  ·  Realtors  ·  Tax Abatement 

Jewell Housing, Inc. was built with the intention that elderly, disabled, and families living in rural Iowa have safe and affordable housing. This has continued to be the main priority of Jewell Housing, Inc. for many years.

Construction on the buildings was completed in June 1978. There are a total of 16 apartment units consisting of three, two-bedroom units and eleven, one-bedroom units. There are laundry facilities and mail delivery located in the common areas of the apartments. Rent is based on the individual's income and allowable expenses.

Apartment management services are provided by Bill Murphy of Murphy Management Services of Algona. For more information about the apartments, please call Lester Johnson at (515) 827-5548 or Bill Murphy at (515) 295-2927.





The Program: (introduction)

• 3.5% loans to low and moderate income clients for down payment assistance to purchase a home in Hamilton County
• 50/50 client/program match with a cap of $5000 (or 10% of purchase price, whichever is lower)
• Conventional loans are preferred. Contract sales will be considered.
• New construction acceptable
• Houses in town or rural areas are eligible
• There is a limited amount of funds to loan

To read a complete description of this program, please download one of these formats:
Hamilton County Down Payment Assistance Program (.doc)  -OR-  (.pdf)



The Program: (introduction)

• 3% loans to property owners rehabilitating and renovating upper story space in downtown buildings for use as apartments.
• 75/25 client/program match with a cap of $10,000.
• Funds are available only for second story renovation.
• There is a limited amount of funds to loan.

To read a complete description of the program, please download one of these formats:
Hamilton County Upper Story Renovation Program (.doc)  -OR-  (.pdf)



The Program: (introduction)

The purpose of the Hamilton County Revolving Loan Fund Program is to increase employment opportunities in Hamilton County by increasing the level of economic activity within the county.

The program provides financial assistance to businesses and industries requiring assistance in order to create new job opportunities or retain existing jobs. Assistance is provided to encourage new business start-ups, expansion of existing businesses and/or the relocation of businesses into Hamilton County, or the retention of existing Hamilton County businesses with ownership change. Assistance will be provided in the form of direct loans.

Awards shall be used for legitimate business expenses including, but not limited to:

• Construction, purchase of or improvement to land and buildings
• Equipment
• Working Capital

Priority is given to projects that will create or retain jobs, add to the local tax base, add value to Hamilton County resources and/or increase exports out of state. Preference will be given to those businesses that will create/retain the greatest number of jobs with the least amount of program dollars.

To read a complete description of the program, please download one of these formats:
Hamilton County Revolving Loan Fund Program (.doc)  -OR-  (.pdf)

Remax:

Century 21 Real Estate:
Farmer's National Company:

Listing of some of the homes for sale in Jewell, IA: Jewell Houses for Sale

Jewell offers a 5-year Tax Abatement on new single dwelling homes built in the city limits of Jewell. Residents should apply at the Jewell City Hall and the request must be approved by the City Council.

Please note that tax must still be paid on the value of the lot. In addition, if improvements are made on the property within the five-year tax abatement, the owner must pay tax on the improvement.

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