Mortgage payment assistance for income-eligible homeowners impacted by COVID-19 who are at risk of foreclosure.
Current homeowners at imminent risk of foreclosure
At risk of foreclosure due to a documented COVID-19-related loss of income on or after March 13, 2020
Household income may not exceed: 80% Area Median Income (AMI) at time of application
Pay stub, federal income tax return, unemployment benefit documents or other income prior to job loss or reduction in income
Pay stub, federal income tax return, unemployment benefit documents or other income after reduction in income
Latest mortgage statement
14-day Cure Notice or other legal document received advising that your loan will be sent to an attorney to initiate foreclosure (if applicable)
If you are at imminent risk of foreclosure and need legal assistance, Iowa Legal Aid may be able to assist you at no cost.
Phone: 1-800-532-1275 | Online Help
Once an application is approved, a single, one-time payment will be issued directly to the mortgage servicer.
No, an application is not a guarantee of assistance.
Applications will be prioritized based upon the immediate threat of the loss of the home to foreclosure or the initiation of the foreclosure process by your lender.
All applications will be reviewed for eligibility and will receive assistance if funding is available. You will be notified of the status of your application once the review has been completed.
If your application is missing information or needs clarification, the application review team may contact you requesting further information. This request will include a deadline for submission, and if the information requested is not received in full by the deadline, the application will not receive assistance.
Additionally, applications that could be considered eligible may not receive assistance if funding is no longer available under the program based on demand.
Please do not submit another application since duplicate applications will only slow the review process. Instead, email the housing recovery team explaining the error and providing the correct information. Be sure to include your first and last name and complete address in the email and enter the subject line of your email as “FORECLOSURE APPLICATION CORRECTION.”
IFA has contracted with partner organizations to provide administrative support under the program and may contact applicants to request follow-up information.
More information will be forthcoming as guidance becomes available in regard to state taxes for other COVID-19 relief programs. Please reference the Internal Revenue Service Guidance for information on federal taxes as they relate to COVID-19 relief funds.
In order of preference:
Yes. Under the Assistance needed section, there is a place to upload this notice from your lender. This will place your application in a priority status so that we can work quickly to get in touch with your lender to avoid the inclusion of attorney fees and costs.
No. Utility assistance is not available through the Iowa Homeowner Foreclosure Prevention Program.