Requiring the Iowa finance authority to conduct a review of the firsthome program’s household income limit

Where it is now

Done: IntroducedJanuary 27, 2026
Stopped: SubcommitteeDied when the General Assembly ended
Next: House committeeFunnel: by February 20, 2026
Next: Passes the House
Next: Senate committeeFunnel: by March 20, 2026
Next: Passes the Senate
Next: To the Governor
Next: Signed into law

Died when the session ended The 2026 session adjourned on May 3, 2026, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?

What’s in it

AI summary The Iowa finance authority will study the firsthome program to see if current income limits help people buy their first house or encourage people from other states to move to Iowa. They will also look at how raising those income limits might change the program. A report with their findings and suggestions must be given to the state legislature by January 11, 2027.¹

Read the official explanation

This bill requires the Iowa finance authority (authority) to conduct a review of the firsthome program to analyze whether the household income limit to determine eligibility for the program provides adequate assistance to individuals in the state to purchase their first home, and an adequate incentive to out-of-state individuals to move to the state, and the impact that increasing the household income limit would have on the program. The authority shall submit a report to the general assembly on or before January 11, 2027, that summarizes the authority’s findings and provides the authority’s recommendations.

Full bill text²

Lobbying

1 for · 0 against · 6 undecided · Who →