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Get Matched Free →FirstHome Plus Grant
Funding status: Active
How much assistance
$2,500 grant
No repayment required. Grant does not need to be paid back.
Eligibility
- Income limits: Varies by county and household size. Same limits as FirstHome ($96,500 - $131,790).
- Purchase price limit: $510,000
- First-time buyer required: Yes — Have not owned a primary residence in the past 3 years.
- Credit score minimum: 640
- Geographic restrictions: Home must be in Iowa. Cannot be combined with the IFA 2nd Loan on the same transaction.
- Homebuyer education required: Yes
How to Apply for FirstHome Plus Grant
Apply through an IFA participating lender alongside the FirstHome mortgage. The $2,500 grant is applied at closing toward down payment and closing costs.
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