Iowa Housing Trust Fund – 2025 Iowa First-Time Homebuyer Assistance Guide

Iowa Housing Trust Fund 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.

• Must be implemented by a local housing trust fund

• Applicants must meet 30–60% area median income (AMI)

• Local programs set project eligibility

• Funding for rental, rehab, new housing, or preservation

• Focus on vulnerable or housing-insecure populations

1. Apply via local housing trust fund authority

2. Submit project proposal and household income data

3. Funds distributed based on program goals