Iowa Finance Authority Board Meeting Agenda February 2026
Hostetler Secures $418K Farmland Loan via IFA
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Description
IFA and Hills Bank & Trust Company partnered on a $418,037 bond for Glendon L. Hostetler’s farmland acquisition in Louisa County. The contract was approved this February.
Contract Details
Contract Amount
$418,037
Vendor
HILLS BANK & TRUST COMPANY
Agency
Iowa Arts Council, IA
Contract Type
FINANCIAL_SERVICES
Document Date
February 4, 2026
Contract Term
Approved February 4, 2026; public hearing January 28, 2026; 10-year balloon, 20-year amortization
Renewal Date
2036-02-04
Renewal Info
No renewal, repayment as structured in agreement.
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