State Program
Des Moines Municipal Housing Agency Homeownership Program – 2025 Iowa First-Time Homebuyer Assistance Guide
Des Moines Municipal Housing Agency Homeownership Program offers tailored homeownership support for Iowa residents through grants, loans, or credit programs. It targets affordability and stability across diverse borrower needs.
Program Details
Des Moines Municipal Housing Agency Homeownership Program is a comprehensive initiative administered under Iowa's housing authorities. This program provides targeted assistance through financial aid, credit support, or housing subsidies to increase accessibility to homeownership. Program specifics vary depending on funding availability, applicant income, and local government coordination. The initiative often works in collaboration with lenders, nonprofit housing agencies, and local communities to ensure broad eligibility and sustainability.
Eligibility Requirements
- Must be a Housing Choice Voucher (Section 8) participant in Des Moines
- Meet minimum income or disability status
- Complete HUD-approved counseling
- Meet minimum income or disability status
- Complete HUD-approved counseling
Program Benefits
- Uses voucher to help pay mortgage instead of rent
- Encourages long-term ownership for voucher holders
- Encourages long-term ownership for voucher holders
How to Apply
1. Enroll in Des Moines MHA Homeownership track
2. Complete program orientation and budgeting sessions
3. Find approved lender and finalize purchase
2. Complete program orientation and budgeting sessions
3. Find approved lender and finalize purchase
Program Overview
Category
State Program
Maximum Assistance
$10,000
Official Program Website
Information about this program is provided as a resource and may be subject to change. Always verify details with the official program website.
Important Note
Program availability, terms, and requirements may vary by lender and location. Additionally, programs are subject to change based on policy updates and market conditions. Always consult with a mortgage professional for the most current information and to determine eligibility for specific programs.