Forgivable loan
Cedar Falls Housing Trust Fund Homebuyer Assistance
Income limits · Single Family
Down payment assistance · Black Hawk County
Buying a home in Cedar Falls, IA
1 Cedar Falls program and 9 statewide.Cedar Falls has 1 program of its own, and 9 statewide. Here is what each one offers, what the local market looks like, and who near you can walk you through it.
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Only for Cedar Falls addresses
Cedar Falls’s own program
Neighboring cities
2 programs for homes in nearby cities
The Cedar Falls marketThe Cedar Falls housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in Cedar Falls
- 59.4% single-familysingle-family
- 6.8% townhousetownhouse
- 7.5% 2–4 units2–4 units
- 22.9% 5+ unitscondo & apartment buildings (5+ units)
- 3.5% mobile & othermobile home & other
About condos. Cedar Falls’s one local program does not list condos as eligible. Cedar Falls Housing Trust Fund Homebuyer Assistance lists single family.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When Cedar Falls’s homes were built
pre-19401970s2020+
58.2%
of Cedar Falls homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.of homes were built before 1980. A home built before 1978 comes with a federal lead-paint disclosure, and some programs require an inspection.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.
$91,000
County area median income, 4 people (HUD)HUD area median income, Black Hawk County, 4-person household (2026)
$76,987
Cedar Falls median household incomeMedian household income in Cedar Falls (Census, 2024)
11 of the 72 programs here set their income limit as a share of Black Hawk County’s area median income, adjusted for household size. See the published limits for Black Hawk County
Free help nearbyFree help near Cedar Falls
2 HUD-approved counseling agencies within 15 miles2 HUD-approved housing counseling agencies within 15 miles
Create a free account to see who’s near you and pick one.A HUD-approved counselor teaches homebuyer classes and can walk you through your options. Create a free account to see who’s near you and pick one.
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Across Iowa and nationwide
71 statewide & federal programs9 statewide programs, plus federal options
Cedar Falls questions
Does Cedar Falls have its own down payment program?
Yes, one: Cedar Falls Housing Trust Fund Homebuyer Assistance, a forgivable loan (forgiven over 5 yrs, income limits). It is for homes inside Cedar Falls.
Can I use assistance on a condo in Cedar Falls?
Cedar Falls’s one local program does not list condos as eligible. Cedar Falls Housing Trust Fund Homebuyer Assistance lists single family. Each program’s page lists the kinds of homes it accepts, and the agency confirms it for the home you choose.
What is the income limit in Black Hawk County?
Each program sets its own. 11 of the programs here set theirs as a share of HUD’s area median income for Black Hawk County, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.
Where can I take a homebuyer class near Cedar Falls?
HUD-approved housing counseling agencies teach homebuyer classes, and 2 agencies are within 15 miles of Cedar Falls. Create a free account and take the 90-second match to see the ones near you.
ZIP codes
50613 · 50614
Nearby in Black Hawk
Sources
Sources: agency sites (June–September 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.Programs: Hey Prescott catalog of 2,000+ programs, each verified with its agency (June–September 2026). Market: U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Income: HUD FY2026 income limits. Counselors: HUD list of approved housing counseling agencies. Hey Prescott is not a lender.