The Iowa Finance Authority’s (IFA) mission is to finance, administer, advance and preserve affordable housing and to promote community and economic development for Iowans. IFA is a self-supporting public agency.
In addition to offering statewide affordable housing resources, the Iowa Finance Authority also offers a wide variety of other programs to assist in community development, including the issuance of tax-exempt bonds, providing the lowest cost funds for drinking water and waste water facilities in Iowa and Title Guaranty, offering guaranteed title to real property in Iowa.
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Title Guaranty Division
IFA’s Title Guaranty Division offers a low-cost mechanism to guarantee title to real property in Iowa, working with attorneys and lenders throughout the state to ensure the integrity of the land title transfer system and to facilitate lenders sales to the secondary mortgage market.
Water Quality Programs
IFA offers a variety of programs designed to maintain and improve water quality in Iowa. Many of the programs offer below-market interest rates, meaning community leaders don’t need to raise local water and sewer rates to finance construction and rehabilitation projects. IFA’s programs save money for the citizens of our state.