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May 31, 2018
Income and Purchase Price Limits Change
The Iowa Finance Authority's income and purchase price limits have changed, effective June 15, 2018.
  • Please note that all counties have increased income limits with exception of Dallas, Guthrie, Madison, Polk, Story and Warren counties. 
Home buyers with loans in process that would become ineligible under the new limits will be allowed to proceed using the old limits in which they qualified.
The new limits are posted below. 

Income Limits
FirstHome/FirstHome Plus See here
Homes for Iowans/Homes for Iowans Plus $121,800

Purchase Price Limits
FirstHome/FirstHome Plus
Homes for Iowans/Homes for Iowans Plus

Note: Limits are set according to IRS guidelines. 

Please contact your designated IFA Team Specialist, Megan Hay, Josh Kuhn-McRoberts or Adrienne Chism with any questions.
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