See programs you qualify for
Get Matched Free →NIACOG North Iowa Homebuyer Assistance Program
How much assistance
Up to 25% of purchase price as a 5-year forgivable loan (Forgivable Loan)
Forgiven over 5 years; full repayment required if the property is sold, rented, or vacated within 5 years of closing.
Eligibility
- First-time buyer required: No
- Geographic restrictions: Newly constructed homes in the North Iowa region (includes Cerro Gordo County and Mason City)
- Homebuyer education required: No
How to Apply for NIACOG North Iowa Homebuyer Assistance Program
Step 1: Program is currently not available as of April 2026. When funding is restored, contact NIACOG at (641) 423-0491 or visit the NIACOG Housing Trust Fund office to inquire about eligibility and application windows.
Notes
Historically offered up to 25% down payment assistance on newly constructed homes via a 5-year forgivable loan funded by the North Iowa Regional Housing Trust Fund. Over the past 5 years the fund has assisted 100+ homebuyers secure roughly $8M in mortgages. Program is currently not accepting applications per NIACOG Housing Trust Fund FAQ; verify current funding status with NIACOG.