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VETERAN OPS WATCH · Benefits

Iowa Military Homeownership Assistance Program — $5,000 Grant

Statewide, Iowa · Homebuyer down payment and closing cost grant

Dates vary · visit organizer

FY2027 reservations open · funding limited

The Iowa Finance Authority’s Military Homeownership Assistance Program provides an eligible service member, Veteran, or qualifying surviving spouse a one-time $5,000 grant for down payment and closing costs on a qualifying Iowa primary residence. Eligible service generally includes 90 active-duty days in specified periods beginning August 2, 1990. Prior approval before closing and use of an approved or facilitating lender are required. FY2027 reservations are open while funding remains

VERIFIED — OFFICIAL SOURCE · Last verified Oct 28, 2026 · Recently updated

Date Pending

Availability
Limited Spots · Not reported by source
Eligibility
Qualifying service member, Veteran, or surviving spouse; service-period, discharge, residence, and prior-approval rules apply
Cost
One-time grant up to $5,000

Organization: Iowa Finance Authority · Military Homeownership Assistance Program

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Veteran Ops Watch is an independent information resource, not affiliated with the VA. Confirm dates, eligibility, costs and availability with the sponsoring organization.

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