Iowa Finance Authority FirstHome Plus Program – 2025 Iowa First-Time Homebuyer Assistance Guide

Iowa Finance Authority FirstHome Plus 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.

• Eligible for the FirstHome Program

• Must meet additional income guidelines for grant consideration

• Includes all FirstHome benefits

• Additional $2,500 grant for upfront costs

• Reduces out-of-pocket expenses at closing

1. Apply through a FirstHome lender

2. Request Plus grant funding

3. Submit proof of income eligibility

4. Close with grant applied