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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. |
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| Mitchell County Economic Development Commission . 509 State Street . Osage, IA . 641-732-4790 . mcedc@osage.net | ||