Assistance grant
City of Newton New Home Buyer Incentive
New construction · Single Family
Down payment assistance · Jasper County
Buying a home in Newton, IA
1 Newton program and 9 statewide.Newton 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 Newton addresses
Newton’s own program
The Newton marketThe Newton housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in Newton
- 68.1% single-familysingle-family
- 3.1% townhousetownhouse
- 10.4% 2–4 units2–4 units
- 17.8% 5+ unitscondo & apartment buildings (5+ units)
- 0.7% mobile & othermobile home & other
About condos. Newton’s one local program does not list condos as eligible. City of Newton New Home Buyer Incentive lists single family.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When Newton’s homes were built
pre-19401970s2020+
78.1%
of Newton 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.
$95,900
County area median income, 4 people (HUD)HUD area median income, Jasper County, 4-person household (2026)
$57,771
Newton median household incomeMedian household income in Newton (Census, 2024)
10 of the 72 programs here set their income limit as a share of Jasper County’s area median income, adjusted for household size. See the published limits for Jasper County
Free help nearbyFree help near Newton
Free help from a HUD-approved housing counselorFree help from a HUD-approved housing counselor
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
Newton questions
Does Newton have its own down payment program?
Yes, one: City of Newton New Home Buyer Incentive, a assistance grant (new construction). It is for homes inside Newton.
Can I use assistance on a condo in Newton?
Newton’s one local program does not list condos as eligible. City of Newton New Home Buyer Incentive 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 Jasper County?
Each program sets its own. 10 of the programs here set theirs as a share of HUD’s area median income for Jasper 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 Newton?
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
50208
Nearby in Jasper
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.