Forgivable loan
Down Payment Assistance Program
First-time homebuyers · Income limits · Single-family detached, condominium, townhouse
Down payment assistance · Johnson County
Buying a home in Iowa City, IA
2 Iowa City programs and 9 statewide.Iowa City has 2 programs 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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Iowa City’s own programs
Down-payment assistance
Iowa Valley Habitat for Humanity Homeownership Program
New construction · Income limits · Single Family
The Iowa City marketThe Iowa City housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in Iowa City
- 39.8% single-familysingle-family
- 9% townhousetownhouse
- 7.5% 2–4 units2–4 units
- 41.6% 5+ unitscondo & apartment buildings (5+ units)
- 2.2% mobile & othermobile home & other
Condos count. 1 of Iowa City’s 2 local and county programs accept condos. Iowa Valley Habitat for Humanity Homeownership Program lists single family.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When Iowa City’s homes were built
pre-19401970s2020+
44.8%
of Iowa City 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.
$121,400
County area median income, 4 people (HUD)HUD area median income, Johnson County, 4-person household (2026)
$58,546
Iowa City median household incomeMedian household income in Iowa City (Census, 2024)
11 of the 73 programs here set their income limit as a share of Johnson County’s area median income, adjusted for household size. See the published limits for Johnson County
Free help nearbyFree help near Iowa City
Free help from a HUD-approved housing counselorFree help from a HUD-approved housing counselor
2 programs here ask for a homebuyer class first. Create a free account to see who’s near you and pick one.All 2 local programs here ask for a homebuyer class. A HUD-approved counselor teaches it 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
Iowa City questions
Does Iowa City have its own down payment program?
Yes, 2: Down Payment Assistance Program and Iowa Valley Habitat for Humanity Homeownership Program. Each is for homes inside Iowa City.
Can I use assistance on a condo in Iowa City?
1 of Iowa City’s 2 local and county programs accept condos. Iowa Valley Habitat for Humanity Homeownership Program 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 Johnson County?
Each program sets its own. 11 of the programs here set theirs as a share of HUD’s area median income for Johnson 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 Iowa City?
HUD-approved housing counseling agencies teach homebuyer classes. Create a free account and take the 90-second match to see the ones near you.
ZIP codes
52240 · 52242 · 52243 · 52244 · 52245 · 52246
Nearby in Johnson
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.