Savings Assistance Programs
A New Way for Prospective Home Buyers to Start Saving for Their First Home in Iowa.
BUYING A FIRST HOME JUST GOT EASIER
The Iowa legislature recently passed a law that allows individuals or couples to save money in a 10-year tax-deductible savings account to go toward the purchase of a home. Click on the following to find out more http://iowafirsthome.com/
CREDIT UNION FAMILY PARTNERSHIP (CUFP)
The CUFP Individual Development Account Program (IDA) offers matched savings accounts for families with limited resources who meet income-based criteria. These matched savings accounts are connected to services such as financial education and home buyer education to help individuals and family acquire a home.
Click on the following to find out which Credit Unions participate: https://www.cuinsight.com/press-release/matched-savings-accounts-available-to-help-iowans-build-assets
Click on the following for the IDA letter of participation: http://www.iowacreditunionfoundation.org/ida/05_Participation_Letter_of_Agreement.pdf