Dupaco R.W. Hoefer Foundation First-Time Homebuyer Grant

What is Dupaco R.W. Hoefer Foundation First-Time Homebuyer Grant?

Dupaco R.W. Hoefer Foundation First-Time Homebuyer Grant is a grant for homebuyers in Dubuque, Iowa, administered by Dupaco Community Credit Union / Dupaco R.W. Hoefer Foundation.

• The Dupaco R.W. Hoefer First-Time Homebuyer Grant helps eligible first-time homebuyers achieve homeownership by providing $1,000 in closing-cost assistance. Offered through Dupaco Community Credit Union (a CDFI headquartered in Dubuque) and its R.W. Hoefer Foundation. The grant cannot be combined with the Federal Home Loan Bank Grant. Dupaco serves members across 118 counties in Iowa, northwest Illinois and southwest Wisconsin.
• $1,000 closing-cost assistance.
• Grant (no repayment).
• For first-time homebuyers.
• Funding comes from Dupaco R.W. Hoefer Foundation.

How much assistance does it provide?

Dupaco R.W. Hoefer Foundation First-Time Homebuyer Grant offers up to $1,000 in assistance.

• Amounts are the program's published maximums, not an offer — Dupaco Community Credit Union / Dupaco R.W. Hoefer Foundation determines any individual award.

Do you have to pay it back?

Dupaco R.W. Hoefer Foundation First-Time Homebuyer Grant is structured as a grant, so it is not repaid.

• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Dupaco R.W. Hoefer Foundation First-Time Homebuyer Grant is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

Dupaco R.W. Hoefer Foundation First-Time Homebuyer Grant sets its income limit as follows: Eligibility guidelines apply; specific income limits are determined by Dupaco's mortgage lending department and not published on the public grant sheet.

• Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Where does it apply?

Dupaco R.W. Hoefer Foundation First-Time Homebuyer Grant serves buyers purchasing in Dubuque, Iowa.

How do you apply?

Applications for Dupaco R.W. Hoefer Foundation First-Time Homebuyer Grant go through Dupaco Community Credit Union / Dupaco R.W. Hoefer Foundation, which publishes the current terms and the application steps on its own site.

1. 1

   Contact Dupaco Community Credit Union / Dupaco R.W. Hoefer Foundation to reserve funds

   Funds are reserved with the provider and are subject to availability.

2. 2

   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.