Iowa Finance Authority FirstHome Program

Iowa Finance Authority

Available Down Payment

About This Program

Down payment and closing cost assistance for first-time homebuyers in Iowa. Provides up to $5,000 in forgivable assistance when combined with an IFA first mortgage. Must complete homebuyer education course. Income limits apply based on county.

Forgivable loan for down payment and closing costs with IFA mortgage

Key Details

  • Up to $5,000 forgivable down payment assistance
  • Must be first-time homebuyer
  • Combine with IFA first mortgage loan
  • Homebuyer education course required
  • Income limits based on Pottawattamie County AMI

How to Apply

A grant-savvy contractor in Council Bluffs, IA can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Ongoing program, subject to funding availability

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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