Single-Family New Construction Down Payment Assistance
The North Iowa Area Council of Governments is offering down payment assistance of up to 25% of the purchase price of 101 newly constructed homes in the North Iowa area.
Visit www.niacog.org or call 641-423-0491 for more information.
Homeward Housing, Inc.
Mitchell County is part of an 11 county housing trust fund. There are two different programs available.
www.homewardiowa.com
First program provides for a GRANT up to $5,000 to support rental deposits, utility deposits, and home repairs.
In order to qualify for these grant funds you must be at or below 30% of Mitchell County’s county wide median income.
1 & 2 Person - $20,441 3 & 4 person - $23,507
*Can live in one of our Mitchell County communities or in rural Mitchell County and apply for grant funds in this program.
Second program provides for a GRANT/LOAN up to $7,000 to be used for down payment assistance, closing costs, or REPAIRS.
In order to qualify for these grant funds you must be at or below 80% of Mitchell County’s county wide median income.
1 & 2 Person - $54,510 4 person - $62,687
*Can live in one of our Mitchell County communities or in rural Mitchell County and apply funds from this program.
