2020 Home$tart®

Down payment and closing cost assistance for qualifying first time homebuyers.

Get Started

Home$tart® Reservation and Disbursement Approval Assistance

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Since 1990, FHLB Des Moines has awarded $135 million in down payment and closing cost assistance to help more than 29,900 families with the purchase of a home.

Through our Home$tart program, eligible households may receive up to $7,500 in down payment and closing cost assistance.

As of August 3, 2020, Home$tart funds have been depleted.

Check back frequently as funds may become available as reservations are withdrawn. 

Additional funds will be added throughout the year based on the schedule below. The next funding date is on October 1, 2020.

2020 Home$tart Funding Schedule

Home$tart Process

Click on one of the steps below to guide you through the Home$tart process.

  1. Get Started
  2. Reservation of Funds
  3. Disbursement/Reimbursement of Funds

Already know the process? Find the forms and resources you need here.

Questions? Contact our Community Investment Department at communityinvestment@fhlbdm.com.

Why participate in Home$tart?

  • Meet Community Reinvestment Act objectives to serve low- to moderate-income households
  • Provide grants to expand market share or increase penetration in existing markets
  • Improve loan-to-value ratios on mortgage loans
  • Build community goodwill
  • Promote your corporate brand
  • Help families in your community realize their homeownership dreams by providing down payment and closing cost assistance