Posts from April 29th, 2009

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April
29

Iowa Finance Authority: Military Service Member Homeownership Assistance

April 29th, 2009 by Ruhl&Ruhl REALTORS

The Iowa Legislature created the Military Service Member Homeownership Assistance Program (MHOA) in 2005 to help eligible armed forces service members purchase a primary residence in Iowa. The program provides up to $5,000 that may be used toward down payment on a qualifying home purchase and/or closing costs on a qualifying first purchase money mortgage. The Iowa Finance Authority (IFA) administers the program. Eligible home buyers: The program is available to service members who at the time of applying for a grant under the program:

Have served 90 days active duty since September 11, 2001 (other than training);
Is a federal status injured service person having served in active duty since September 11, 2001; or
Is a surviving spouse of said eligible service person, all who have served honorably.

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Categories: Buying a Home

Posts from April 29th, 2009

Iowa Finance Authority: Military Service Member Homeownership Assistance

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Iowa Finance Authority: Military Service Member Homeownership Assistance

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