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153
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AJ Smith
  • Rental Property Investor
  • Bettendorf, IA
75
Votes |
153
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Des Moines, Iowa (IA) Down Payment Assistance Programs

AJ Smith
  • Rental Property Investor
  • Bettendorf, IA
Posted

Any househackers/investors in the Des Moines, IA area know of any good downpayment assistance programs?

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I found the following already:

* Bank of America -- America's Home Grant Program -- Up to $7,500 in closing costs assistance

* Iowa Finance Authority -- FirstHome Grant -- $2,500 grant to assist with down payment and closing costs --- Available for First-time Home-Buyers

* Iowa Finance Authority -- Homes For Iowans Grant -- $2,500 grant to assist with down payment and closing costs --- Available for First-time AND Repeat Home-Buyers

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I'm curious if anyone (Des Moines Realtors, Des Moines Investors, Des Moines HouseHackers) knows of any others?

Thanks for your time,

AJ Smith

Most Popular Reply

User Stats

38
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23
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Dave Peirce
  • Clive, IA
23
Votes |
38
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Dave Peirce
  • Clive, IA
Replied

@AJ Smith -  In addition to the listing that Jared posted and looking around the IFA website, there is also a First Time Homebuyer Saving Account, that also allows for a deduction from your Iowa taxable income.  You can read more at 

https://tax.iowa.gov/first-time-homebuyers-savings-account

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