Home$tart and Home$tart Plus Programs
Both Home$tart and Home$tart Plus are offered by the Federal Home Loan Bank of Des Moines. Applicants can receive as much as $7,500 (for Home$tart) or as much as $15,000 (for Home$tart Plus). This can be used to help cover the down payment, closing costs, or rehabilitation.
Funds are awarded first-come, first-serve.
In order to be eligible, applicants must fall within the following total household income limits (as of 2020):
- 1 person household: $46,050
- 2 person household: $52,600
- 3 person household: $59,200
- 4 person household: $65,750
- 5 person household: $71,050
- 6 person household: $76,300
- 7 person household: $81,550
- 8 person household: $86,800
Applicants must also complete homebuyer education.
Other programs in Iowa:
