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Habitat for Humanity of Central Iowa Homeownership Program

Administered by: Habitat for Humanity of Central Iowa · Nonprofit · Zero-Interest Loan

Funding status: Active

How much assistance

Affordable home with zero-interest mortgage; sweat equity serves as down payment (Zero-Interest Loan)

Eligibility

  • Income limits: Household must fall within the Habitat for Humanity of Central Iowa income range (typically 30-80% of Area Median Income for Story County). Call for current limits.
  • First-time buyer required: No
  • Geographic restrictions: Serves Story County, Iowa including Ames and surrounding communities.
  • Homebuyer education required: Yes

How to Apply for Habitat for Humanity of Central Iowa Homeownership Program

Step 1: Contact Habitat for Humanity of Central Iowa at 3504 Grand Avenue, Ames, IA 50010 or 515-232-8815. Applicants must demonstrate need for decent affordable housing, ability to pay an affordable mortgage (existing debt less than 20% of income, no bankruptcies in the last 12 months, no outstanding liens), and willingness to partner with Habitat through sweat equity hours.

Cities Where This Program Is Available