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Get Matched Free →The 712 Initiative Housing Revitalization Program
Funding status: Active
How much assistance
Renovated homes sold at affordable prices (historically $125,000 to $182,000) (Repayable Loan)
Eligibility
- Income limits: Targeted to low- and moderate-income Council Bluffs homebuyers. Contact program for current income thresholds.
- First-time buyer required: No
- Geographic restrictions: Homes located in Council Bluffs redevelopment target neighborhoods.
- Homebuyer education required: No
How to Apply for The 712 Initiative Housing Revitalization Program
Step 1: Contact The 712 Initiative directly to learn about current available renovated properties. Buyers finance through a lender of their choice and can pair the purchase with Iowa Finance Authority down payment assistance and other sources.
Notes
Nonprofit community development organization that has invested $38 million in Council Bluffs. In 2021 it transformed 7 dilapidated homes, fully restored and sold at $125,000 to $182,000. Pipeline of rehabilitated homes refreshes year to year.