Iowa HOME Investment Partnerships Program

Iowa Finance Authority (HUD HOME)

Available Home Repair

About This Program

Iowa HOME Investment Partnerships Program is available to homeowners in Ankeny, IA.

Federal HOME funds distributed through Iowa Finance Authority for owner-occupied rehabilitation. Provides deferred or forgivable loans to low-income homeowners for comprehensive housing rehabilitation including structural repairs, systems upgrades, and accessibility improvements.

Forgivable loan for comprehensive rehabilitation projects

Official source site checked live on 2026-06-22.

Data last verified 2026-06-09. How we verify our data.

This is a national program. In Ankeny, IA, you can stack it with local programs like these:

Key Details

  • Up to $35,000 for comprehensive rehabilitation
  • Income at or below 80% AMI required
  • Forgivable or deferred loan structures available
  • Must be owner-occupied
  • Administered through local agencies

How to Apply

Get free help applying Visit Official Program Page Track this program

(515) 725-4900

A grant-savvy contractor in Ankeny, IA can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Ankeny early keeps your application moving.

Get matched with a contractor

This program is usually a forgivable loan: you owe nothing if you stay in the home for the set period, but it may place a lien on the property until then.

Each program sets its own contractor rules. Check the official program page for exact requirements.

Your application paperwork

The Iowa Finance Authority runs the federal HOME program in Iowa, which funds local owner-occupied housing rehabilitation for income-qualified homeowners. There is no single statewide form; the help (usually a grant or forgivable loan) is delivered by a local recipient such as a city, county, or nonprofit. You apply through the local HOME-funded program serving your area.

Steps to apply

  1. Confirm you own and occupy the home and your household income is low (HOME serves low-income households).
  2. On the Iowa Finance Authority HOME page, find the local recipient (city, county, or nonprofit) running owner-occupied rehab in your area.
  3. Contact that local program and complete its application with your income, ownership, and the needed repairs.
  4. The local program inspects the home and arranges the approved rehabilitation work.
Get the official form

Documents you will likely need

  • Proof you own and occupy the home as your principal residence.
  • Proof of household income.
  • A description of the repairs needed, plus contractor estimates if the local program asks.
  • A government-issued photo ID.
Download this checklist (PDF)

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: Administered through local agencies, contact for availability

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

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Frequently asked questions

How much can Iowa HOME Investment Partnerships Program provide in Ankeny, IA?

Up to $35,000 for rehab.

Who qualifies for Iowa HOME Investment Partnerships Program in Ankeny?

Iowa HOME Investment Partnerships Program is open to homeowners in Ankeny, IA. It prioritizes low-income households.

How do I apply for Iowa HOME Investment Partnerships Program in Ankeny, IA?

Apply directly with Iowa Finance Authority (HUD HOME) using the official program link on this page or call (515) 725-4900. There is no middleman and no fee.

Need a Contractor for This Grant?

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