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Housing Programs

Contact Information

Jennifer Barten, Homeownership Program Coordinator
Community Development - Housing Division

101 First Street SE
Cedar Rapids IA 52401



Department Contacts

Program Open through May 31, 2024

The First Time Home Buyer program is open for new applications.  However, the program is nearing the end of funding for this round and a waiting list is starting.  As a result, we will stop accepting application submittals on Friday, May 31, 2024, at 4pm.   Those interested in the program are encouraged to complete and submit an application before this date.  If funding becomes available, we will pull applications from the waiting list for consideration.

The application is available at an online portal site by clicking this link: Application Portal.  Be sure to select "First Time Home Buyer" from the list of programs.  Paper applications are available upon request; however, applicants are encouraged to use the online portal to avoid delays.  Please contact us with any questions or issues with the application portal.

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.  Note:  the program is meant for those who are ready to begin the homebuying process.  Applicants must have completed a homebuyer education course and have mortgage pre-approval at the time of application.

Program Overview
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.  

Single Family New Construction Housing
To be eligible, there are four main criteria:
  1. Be a first-time buyer
  2. Meet the income requirements
  3. Purchase an eligible property
  4. Meet debt and mortgage criteria

Document Section
Application Portal
Income Limit Chart (Updated 6/15/23)
Frequently Asked Questions
Income and Asset Document Checklist
Lender Information

Funding Status - May 17, 2024
Approved: - 5
Pre-Qualified: - 5
Remaining: - 0
Applications Received: - 30

Homebuyer Education
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.  Please note:  the Fannie Mae Homeview Course does not meet the program requirements.  Click here to go to the Horizons class registration website.

Related Links

Jennifer Barten
Homeownership Program Coordinator
Phone: (319) 286-5874
Fax: (319) 286-5870


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