Help Iowans Own A Home - Down Payment Assistance
A dedicated, tax-free savings account program that would allow first-time homebuyers to:
- Unlimited amount of money can be deposited.
- Receive a state income tax deduction for contributions to the account.
- Apply the savings in the account and any earned interest toward the purchase or construction of a first home in Iowa.
- Anyone can make a contribution to these accounts for any individual.
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