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Terms Used In Iowa Code 504C.1

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
  • state: when applied to the different parts of the United States, includes the District of Columbia and the territories, and the words "United States" may include the said district and territories. See Iowa Code 4.1
504C.1 Housing — persons with disabilities.
1. For the purposes of this chapter, “”disability”” means a physical impairment that results
in significant functional limitations in one or more areas of major life activity and in the need for specialized care, treatment, or training services of extended duration.
2. Individuals with disabilities may form nonprofit corporations pursuant to chapter 504 for the sole purpose of establishing homes for persons with disabilities which are intended to serve two to five residents who are members of the nonprofit corporation.
3. A nonprofit corporation formed under this section may do any of the following:
a. Design, modify, or construct a specific housing facility to provide appropriate services and support to the residents of the specific housing facility. Local requirements shall not be more restrictive than the rules adopted for a family home, as defined in § 335.25 or
414.22, and the state building code requirements for single-family or multiple-family housing, as adopted pursuant to § 103A.7.
b. Contract for or employ staff for personal attendant needs and for the management and operation of the housing facility.
c. Purchase, modify, maintain, and operate transportation services for the use of the housing facility residents.
4. Residents of housing facilities established under this chapter shall be eligible to apply for or continue to receive funding provided through federal, state, and county funding sources, and assets of the members of the nonprofit corporation used in the establishment, management, and operation of the housing facility, including but not limited to provision of services to the residents of the facility, shall not be considered in determining a resident’s eligibility for funding provided through sources otherwise available to the resident.
93 Acts, ch 90, §1; 2004 Acts, ch 1049, §191; 2004 Acts, ch 1086, §85; 2004 Acts, ch 1175,
§393; 2010 Acts, ch 1079, §18