Home$tart®

Down payment and closing cost assistance for qualifying first time homebuyers

Changes for 2019

Since 1990, FHLB Des Moines has awarded $123.5 million in down payment and closing cost assistance to help more than 28,000 families with the purchase of a home.

AS OF APRIL 22, 2019

All funds for this program have been reserved. Any decision to add additional funds to this program will be posted here.

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