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HOME BUYERS ASSISTANCE PROGRAMS

The IFA Homebuyer Down Payment Assistance Program is to provide down payment assistance and minor rehabilitation to low-to-moderate income first-time homebuyers in Benton, Iowa, Johnson, Jones & Washington Counties.

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Housing Trust Fund of Johnson County
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Our programs for Benton, Iowa, Johnson, and Jones Counties have filled all initial household slots and have gone to waitlist. If you would like to be placed on the waitlist for one of these counties, please email Emma Harkins at Emma.harkins@ecicog.org

We are still accepting applications for Linn County at this time. 

Eligibility

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$ Icon for Income limits.

The home purchased must be buyer’s primary residence.

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​Buyer must continue to own and occupy the home as their primary residence for 5-10 years dependent on amount of assistance.

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Buyer must obtain a fixed-rate mortgage with a term of at least 15 years.

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Income limits apply: Must be at or below 80% Area Median Income for family size. Documentation for verification must be complete and will remain good for 12 months. 

Income limits apply to the county in which you are purchasing a home. 

A chart outlining income requirements for eligibility. Contact us for help.

Targeted Communties

Anamosa, Belle Plaine, Center Point, Coralville, Hiawatha, Kalona, Lone Tree, Marengo, Monticello, Mt. Vernon, North Liberty, Solon, Tiffin, Vinton, University Heights, Washington and Williamsburg​.​

Note: Homes cannot be located in Iowa City, Hills, Cedar Rapids, Marion or Fairfax due to prior funding. 

First-Time Homebuyer Definition

HUD defines a First-Time Homebuyer as any individual who has not held ownership in a principal residence during the three years prior to purchasing a new home. First-Time Homebuyers may also include single parents or displaced homemakers who have only owned a home with a former spouse, or persons who have only owned a mobile home not permanently affixed to a foundation. ​

Ready to Start Looking for a Home?
How to Apply:

  • Return a complete and accurate application with the required income documentation.

  • Obtain mortgage preapproval from a qualified lender.

  • Begin searching for a qualified home.

  • Homes will be subject to inspection, lead/radon testing, and environmental review.​​

Questions and Applications may be directed to:

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Emma Harkins 

(319) 289-0931

emma.harkins@ecicog.org​

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