Iowa Offering Housing Tax Credit - CBS4 - WHBF Quad Cities, IL-IA News Weather Sports

Iowa Offering Housing Tax Credit

Posted: Updated:

By: Crispin Havener
chavener@cbs4qc.com

If you're thinking about buying a home in Iowa, now may be the time to do it.

The state is offering a mortgage credit that will reduce federal income taxes for qualifying home buyers.

The relief could be as much as $2,000 a year for the length of the mortgage.

The program is available to first time homebuyers, those buying in certain targeted areas, and some veterans.

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