Iowa Finance Authority
Iowa Finance Authority FirstHome Program is available to homeowners in Ames, IA.
Low-interest mortgage financing and down payment assistance for first-time homebuyers in Iowa. Includes $2,500 down payment/closing cost grant and optional Mortgage Credit Certificate for federal tax savings. Income and purchase price limits apply.
Down payment assistance grant plus potential tax savings through MCC
Verified against Iowa Finance Authority's official page on 2026-06-17.
Data last verified 2026-06-09. How we verify our data.
In Ames, IA, you can combine this program with other local help to cut your cost:
A grant-savvy contractor in Ames, IA can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.
Documents you will likely need
Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.
Deadline: Ongoing, subject to funding availability
Ask us. It is free, and a real person answers within a business day.
Email us about this programDown payment assistance up to $2,500.
Iowa Finance Authority FirstHome Program is open to homeowners in Ames, IA.
Apply directly with Iowa Finance Authority using the official program link on this page or call (800) 432-7230. There is no middleman and no fee.
Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.
Rebates and discounts that stack on top of any grant. Most are free to use.
This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.
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