Program Opening Soon - Updated 1/24/2023
The First Time Home Buyer program is currently closed, but will be opening for new applications on Monday, March 6, 2023, at 8am. This website will be updated at that time with a link to the application portal. Watch this site for updated program materials and information.
Funds are available on a first come, first served basis, and applications will be reviewed in order. Additional details can be found in the Document Section below, including the brochure, presentation, and frequently asked questions documents.
The FTHB program provides $1,000-$14,999 in down payment and closing cost assistance to eligible buyers. The assistance is forgivable after 5 years.
- Be a first-time buyer
- Meet the income requirements
- Purchase an eligible property
- Meet debt and mortgage criteria
Application Portal (closed)
Income Limit Chart (Updated 6/15/22)
Frequently Asked QuestionsIncome and Asset Document Checklist
Funding Status - N/A
Applications Received: -
Applicants are required to complete a HUD-approved home buyer education course before applying. Locally, Horizons offers an on-line homebuyer education course that is HUD-approved, but applicants are able to go through any agency they choose. However, it must specifically state the homebuyer education course is offered by a "HUD-approved" counseling agency in order for it to meet the requirements of the First Time Home Buyer program.
- For more information about the funding source: HUD Website
- For a local HUD-approved homebuyer education provider: Horizons Website
- For more information about the mortgage lending regulations: Consumer Financial Protection Bureau Website
Homeownership Program Coordinator
Phone: (319) 286-5874
Fax: (319) 286-5870