Are you ready to buy a home, but not sure if you can afford a down payment? You could be eligible for down payment & closing cost assistance via the programs below.
These programs have special eligibility requirements. If you meet them, you can receive a loan, grant, or other financial assistance to help you purchase a home.
City of Cedar Rapids
The First Time Home Buyer program provides down payment and closing cost assistance to eligible first-time homebuyers, forgivable after 5 years.Learn More
ECI Council of Governments
Qualified buyers for homes in Coralville, Vinton, or Washington County can receive a forgivable loan to go toward their down payment, property inspection, or closing costs.Learn More
Iowa Finance Authority
Provides either down payment/closing costs assistance as well as additional loans to eligible first-time homebuyers.Learn More
Journey to Homeownership
The J2H program from the Neighborhood Finance Corporation provides down payment assistance (via a deferred loan) to African American homebuyers in Polk and Linn Counties.Learn More
The Military Homeownership Assistance Program from the Iowa Finance Authority (IFA) provides a grant to service members and veterans for down payments and closing costs on qualifying homes, and may be used in conjunction with other IFA programs.Learn More