April 10, 2019
Introducing: New $5,000 Down Payment Assistance Program
The Iowa Finance Authority is pleased to announce a new down payment and closing cost assistance program for Iowa home buyers - just as the spring home buying season is heating up! The program will be available for reservations beginning April 15.

Both the existing $2,500 grant and the loan are available through the FirstHome and Homes for Iowans Programs and the respective eligibility requirements apply.
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DOWN PAYMENT AND CLOSING COST ASSISTANCE OPTIONS

´╗┐FirstHome

Grant: $2,500
2nd Loan: Up to $5,000*
Home For Iowans

Grant: $2,500
2nd Loan: Up to $5,000*

*The 0% loan can be up to 5% of the sale price of the home or $5,000, (whichever is less) and is repayable at the time of sale or refinance. There are no monthly payments!
LEARN MORE!
We've scheduled a series of meet ups for lenders and Realtors to learn more about the new program, listed below. Please plan to join us at one of them!
Please contact your assigned  single-family team member with questions, 800-432-7230. ´╗┐