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Get Matched Free →Iowa City South District Home Investment Partnership Program
Funding status: Active
How much assistance
Up to $35,000 forgivable rehab loan plus up to $25,000 in down payment assistance
$35,000 rehab loan fully forgiven after 10 years of owner-occupancy.
Eligibility
- Income limits: Household income at or below 80% of Area Median Income
- First-time buyer required: No
- Geographic restrictions: Program is limited to City-purchased, rehabilitated duplex units in the South District project area (concentrating on Taylor Drive and Davis Street).
- Homebuyer education required: Yes
How to Apply for Iowa City South District Home Investment Partnership Program
Applications open when rehabilitated duplex units become available. Contact Iowa City Neighborhood Services to join the interest list and request the application. All applicants must complete free homebuyer education classes before purchase.
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