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Bills › 91st General Assembly

HF 2735Died when the session ended · March 9, 2026

Relating to programs administered by the Iowa finance authority including the firsthome program and home ownership assistance program for military members, making appropriations, and including effective date provisions

Sponsored by Rep. Austin Baeth (D), Rep. Sean Bagniewski (D), Rep. Timi M. Brown-Powers (D), Rep. Ken Croken (D), Rep. David Jacoby (D), Rep. Rob Johnson (D), Rep. Bob Kressig (D), Rep. Monica Kurth (D), Rep. Heather Matson (D), Rep. Larry McBurney (D), Rep. Brian Meyer (D), Rep. Angel Ramirez (D), Rep. Beth Wessel-Kroeschell (D), Rep. Aime Wichtendahl (D)

Official bill pageLobbyist declarations

Progress

  1. Introduced
    March 9, 2026
  2. Subcommittee
    —
  3. Committee
    —
  4. Passed House
    —
  5. Passed Senate
    —
  6. Signed
    —

Died at end of session The General Assembly adjourned on May 3, 2026. Bills that didn’t pass both chambers died. What’s a funnel?

What’s in it

This bill relates to matters under the purview of the Iowa finance authority including the firsthome program and the home ownership assistance program for military members. The bill codifies the firsthome program administered by the Iowa finance authority and requires that the program be administered by the authority to provide down payment and closing cost assistance grants, second loans, free Iowa title guaranty owner’s certificates, or other assistance to eligible first-time homebuyers. “First-time homebuyer” and “second loan” are defined in the bill.

Read the full explanation

The requirements for an individual to qualify for the program are detailed in the bill. The maximum assistance that may be provided in the form of a grant to an individual under the firsthome program is $10,000. The Iowa finance authority shall adopt rules as necessary to implement and administer the bill.2 million from the general fund of the state to the Iowa finance authority for FY 2025-2026 to be used for the military home ownership assistance program, which provides financial assistance to current and former members of the United States armed forces for purchasing homes.2 million). The bill takes effect upon enactment.

From the explanation printed with the bill as introduced, written by the Legislative Services Agency. Amendments adopted later aren’t reflected. Full bill text

History

Key steps only
2026 session · second year of the 91st General Assembly
March 9, 2026
Introduced, referred to Appropriations. H.J. 606. Journal

Votes

No recorded votes yet.

Lobbyist declarations

For · 0Against · 0Undecided · 4

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