Governor Reynolds announced a historic investment in Iowa housing programs late last year, which included $1 million for a new Minority Down Payment Assistance Pilot Program. IFA is pleased to announce that the new pilot program is now accepting applications.

The initial $1 million investment will assist in breaking barriers to homeownership by providing 200 eligible Iowa minority households with assistance purchasing a home. The program will provide a $5,000 down payment and closing costs assistance grant when used with IFA's FirstHome program.

More details on the program can be found in the the Minority Down Payment Assistance program overview on the Homeownership Resources web page.