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HOUSING

 

Single-Family New Construction Down Payment Assistance

The North Iowa Area Council of Governments is offering down payment assistance of up to 25% of the purchase price of 101 newly constructed homes in the North Iowa area.

Visit www.niacog.org or call 641-423-0491 for more information. 

Homeward Housing, Inc. 

Mitchell County is part of an 11 county housing trust fund. There are two different programs available.

 First program provides for a GRANT up to $5,000 to support rental deposits, utility deposits, and home repairs. 

In order to qualify for these grant funds you must be at or below 30% of Mitchell County’s county wide median income.

  1 & 2 Person - $20,441                  3 & 4 person - $23,507

*Can live in one of our Mitchell County communities or in rural Mitchell County and apply for grant funds in this program.

Second program provides for a GRANT/LOAN up to $7,000 to be used for down payment assistance, closing costs, or REPAIRS.

In order to qualify for these grant funds you must be at or below 80% of Mitchell County’s county wide median income.

1 & 2 Person - $54,510                      4 person - $62,687

*Can live in one of our Mitchell County communities or in rural Mitchell County and apply funds from this program.

www.homewardiowa.com

 

 

Mitchell County Economic Development Commission  .  PO BOX 306  .  Osage, Iowa 50461  .  641-732-4790  .  mcedc@osage.net