Finance
Iowa's Iowa Finance Authority (IFA) provides assistance to first-time homebuyers through programs that include:
AFree home grants of up to $50,000
BBelow-market-rate mortgages and down payment assistance✓ Correct
CGovernment-owned properties sold at auction
DProperty tax rebates for new homeowners
Explanation
The Iowa Finance Authority administers programs including the FirstHome program, offering below-market interest rates and down payment/closing cost assistance to income-qualifying first-time homebuyers in Iowa.
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