Homebuyer Assistance Program

The Waterloo Community Development has designed the Homebuyer Assistance  Program to help low to moderate-income eligible households with  homebuyer  and closing cost assistance to purchase their first home. Waterloo Community Development  will provide up to a maximum of $10,000 in Homebuyer Assistance after seller concessions and lender credits. Funds are available on a first come, first served basis.  The assistance is in the form of a 0% interest deferred forgivable loan. To participate , the borrower is required to provide a minimum contribution of $1,000 towards the purchase price of the home. Escrow funds, professional inspections, and other items paid outside of closing by borrower may count towards the borrowers minimum contribution. To learn more, please click here to view the application. 

What are the Home Buyer Education Classes?
Each session is a series of 4 classes and the fee is $20.00 per household. Participants learn important facts on how to buy a house. Completion of these classes is required in order to receive down payment assistance.  
 
Covid-19 Rental Assistant Program

• Please contact Eastside Ministerial Alliance and Jesse Cosby Center for rental assistance. You may be eligible if you can show that COVD-19  affects  your ability to pay. https://www.needhelppayingbills.com/html/black_hawk_county_assistance_p.html

• Please contact Family Management  for mortgage assistance. You may be eligible if you can show that COVD-19  affects  your ability to pay. https://family-finance.org/

• Please contact Operation Threshold for utility assistance. You may be eligible if you can show that COVD-19  affects  your ability to pay. http://www.operationthreshold.org/programs/black-hawk/liheap/

• Please contact  Iowa Legal Aid for assistance with legal issues related to housing. . You may be eligible if you can show that COVD-19  affects  your ability to pay. https://www.iowalegalaid.org/organization/iowa-legal-aid-waterloo-regional-office?ref=3bOpQ

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