Always dreamed of owning your own home
but thought it just wasn't possible?
EIRHA would love to help! EIRHA offers several options for homeownership opportunities. Listed below are 4 ways to achieve the dream of owning your own home.
Section 8 HCV Homeownership
The Eastern Iowa Regional Housing Authority has a HUD-approved Section 8 HCV Homeownership plan. This plan allows existing Section 8 HCV participants to convert their monthly rental assistance toward monthly mortgage assistance.
Click here for application and guidelines.
Public Housing Homeownership
Through EIRHA's Homeownership program, first time home buying low-income households are given the opportunity to purchase their public housing units. Click here for application and guidelines.
Single Family Affordable Homes (new construction)
EIRHA has begun constructing single family affordable homes, which feature three bedrooms, two bathrooms, a two-car garage, full basement, and kitchen appliances. Ranch and two-story designs are available. Qualify early and have input into all aspects of construction! Prices on these new homes are expected in a range of $100,000-$130,000. Click here for application and guidelines.
Single Family Affordable Homes (rehab)
EIRHA will sell older single family affordable homes that have been rehabilitated so that all major components, such as; roof, mechanicals, plumbing, and electrical have been updated to meet all local codes. The home will be equipped with new kitchen appliances. Prices on these rehabilitated homes are expected not to exceed $75,000. Click here for application and guidelines.
