Dubuque and Jackson Counties Habitat for Humanity Homeownership Program

What is Dubuque and Jackson Counties Habitat for Humanity Homeownership Program?

Dubuque and Jackson Counties Habitat for Humanity Homeownership Program is down payment assistance for homebuyers in Dubuque, Iowa, administered by Dubuque and Jackson Counties Habitat for Humanity.

• Dubuque and Jackson Counties Habitat for Humanity builds and sells homes to income-qualified partner families who purchase the home with affordable financing (a zero-interest mortgage) so housing costs do not exceed 30% of household income. Partner families contribute sweat equity and complete homeownership education.
• Purchase of a Habitat-built home with a 0% mortgage so monthly housing costs stay under 30% of income.
• Modest down payment.
• Sweat equity.
• Funding comes from Dubuque and Jackson Counties Habitat for Humanity (donations, mortgage payments, sponsors).

Do you have to pay it back?

Dubuque and Jackson Counties Habitat for Humanity Homeownership Program is down payment assistance and is repaid under the terms set by Dubuque and Jackson Counties Habitat for Humanity.

• The assistance is recorded in First position.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Dubuque and Jackson Counties Habitat for Humanity Homeownership Program is open to buyers who will live in the home as their primary residence.

What are the income limits?

Dubuque and Jackson Counties Habitat for Humanity Homeownership Program limits household income to $82,150.

• The limit applies to total household income, not only the borrower’s.
• The program lists a maximum household size of 8.
• Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Dubuque and Jackson Counties Habitat for Humanity Homeownership Program can be used for Single Family.

• New construction is eligible.

Where does it apply?

Dubuque and Jackson Counties Habitat for Humanity Homeownership Program serves buyers purchasing in Dubuque, Iowa.

How do you apply?

Applications for Dubuque and Jackson Counties Habitat for Humanity Homeownership Program go through Dubuque and Jackson Counties Habitat for Humanity, which publishes the current terms and the application steps on its own site.

1. 1

   Take a homebuyer education course

   Required by the program before funds are reserved.

2. 2

   Contact Dubuque and Jackson Counties Habitat for Humanity to reserve funds

   Funds are reserved through Open application periods; readiness survey available, and are subject to availability.

3. 3

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.