Iowa Finance Authority FY25 Annual Report
Real Stories. Real Impact.
Brought to you by Iowa Finance Authority’s Content Creator Program—putting real faces behind the programs changing lives across Iowa.
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Different Programs. One Purpose.
Whether it’s a home, a farm, or reliable water infrastructure, IFA’s work is about creating opportunity and stability for Iowans, today and for generations to come.
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Ongoing Impact.
This is a living showcase that grows as new Iowans share their stories and inspire others.
Homeownership
This is home.
Through IFA’s homeownership programs, thousands of Iowans were able to put down roots, build stability and create a place to truly call home.
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Aleah's Story
"I want others—especially women like me who might not realize what’s possible—to know that with the right resources and support, they can achieve their own version of the Iowa dream."
2025 Homeownership Impact
2,908
Iowans achieved homeownership through an IFA homeownership program, many unlocking their first chance to own a home
94%
of IFA homebuyers were supported by down payment assistance, helping make homeownership attainable when it mattered most
21%
of homebuyers assisted were minorities, marking the 2nd-highest year for minority homeownership since the program began
Affordable rental housing
This is opportunity.
Federal Housing Tax Credits helped open doors to safe, affordable homes, giving families and seniors a foundation to grow, work and thrive.
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Alexis' Story
The stability of affordable housing at Waukee Family Townhomes allowed Alexis to focus on finding work, and she soon secured a position as a school counselor in the same school district she lives in.
2025 Tax Credit Impact
$15.5M+
awarded in federal 9% and 4% housing tax credits
889
Iowa families will gain access to affordable housing
Ending homelessness
This is a second chance.
IFA partners with service providers to help Iowans move from uncertainty to stability—offering hope, dignity and a fresh start.
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David's Story
David struggled with addiction after personal losses, which led to losing his job and home. He entered New Visions Homeless Services, where he received shelter and support through IFA programs.
2025 Homelessness Assistance Impact
This assistance helps Iowans avoid homelessness or quickly return to stable housing during times of crisis.
5,124
households received assistance through the Emergency Solutions Grant
6,088
households received assistance through Shelter Assistance Funds
State Housing Trust Fund
This is community at work.
The State Housing Trust Fund supports local housing priorities, leverages additional resources, strengthens neighborhoods and changes lives.
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Tanner's Story
"This opportunity [with East Central Iowa Housing Trust Fund] has allowed me to provide a safe and nurturing environment for my family, giving us stability and peace of mind for the future.
2025 State Housing Trust Fund Impact
$12.6M+
State Housing Trust Fund grants financed affordable housing activities
2,600+
families were assisted through the grants - the largest number served in a single year in the program's history.
Iowa Title Guaranty (ITG)
This is trust.
ITG gives homebuyers and lenders peace of mind—protecting one of life’s biggest investments and reinvesting in our state.
Testimonials
Lender Testimonials
Iowa Title Guaranty is Iowa’s exclusive title coverage provider, offering lenders and owners low-cost title coverage for Iowa real property.
2025 Iowa Title Guaranty Impact
66,990
residential title certificates were issued
$16.5B+
in Iowa real estate transactions were safeguarded by the residential title certificates
$1.3M
in Iowa Title Guaranty revenues stayed in Iowa to support homebuyers through down payment assistance
Beginning farmers
This is a new beginning.
IFA’s Beginning Farmer programs help turn dreams of farming into reality, connecting new farmers to land, opportunity and a future in agriculture.
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Testimonial
Marshall's Story
"Farming a piece of our family land has been a lifelong milestone, and the Beginning Farmer Tax Credit has become a key tool in helping our family move forward with transitioning the farm to me."
2025 Beginning Farmer Impact
234
beginning farmers received assistance to launch their livestock and crop farming operations
32,934
acres of farmland were purchased by beginning farmers
State Revolving Fund
This is investing in our water.
The State Revolving Fund helps communities protect clean water— safeguarding public health, the environment and Iowa’s future.
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2025 Water Quality Impact
Since FY03, the SRF has supported more than 6,900 Iowa homeowners, landowners, farmers, and nonprofits in improving Iowa’s water quality.
69
communities received low-cost State Revolving Fund loans for water quality projects totaling more than $498 million
44
communities received 0% financing for the Planning & Design phase of projects, totaling more than $39.7M in loans
$15M
subsidized nonpoint source projects; repairing septic systems, installing buffer strips and managing urban stormwater
50 Years of IFA Impact
Homeownership
72,026
homebuyers have been assisted on their path to owning a home.
8,028
military service members and veterans have been served, helping those who served our country build stability at home.
Federal Housing Tax Credits
737
properties have been developed or rehabilitated
35,402
affordable rental homes for Iowa families and communities.
Homelessness Assistance
5,124
households assisted through the Emergency Solutions Grant to help avoid homelessness
6,088
households assisted through the Shelter Assistance Funds program to get rapidly rehoused in their time of need
Iowa Title Guaranty
$74.6M
has been reinvested into housing programs that directly benefit Iowans.
$53.2M
has been paid to local partners, strengthening Iowa’s real estate and legal communities.
1,060
partners participate statewide, creating a uniquely Iowa-based title protection system.
State Housing Trust Fund
$148M
in housing assistance has been awarded
$193M
in additional investment to expand impact statewide.
42,700
households have been assisted through the Trust Fund.
Beginning Farmer Programs
7,725
beginning farmer projects have been supported, helping new producers establish and grow their operations across Iowa.
Water Quality Financing
810
communities have been assisted with clean, reliable water infrastructure that supports public health and economic growth
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A Report That Grows
New stories are added throughout the year
Have you been helped by an IFA program? Become a storyteller!
Your story could help open doors for the next generation of Iowans.