Homebuyer Assistance
The City of Davenport administers two programs that assist potential homebuyers. Our Urban Homestead program offers low- to moderate-income families the opportunity to purchase a rehabilitated home at a low interest rate. Our 100 Homes program offers moderate- and above income families the opportunity to purchase a home through a participating lender and receive a forgivable loan to rehabilitate the home's exterior or major mechanical systems.
If you are looking to buy a home, you can use the table below to determine which program can assist you. Count the number of people, children and adults, who will live in the home and find that number in the "Family Size" column. Then determine if your combined household income is less than or greater than the number in the row next to your family size. For example, the Smith family is two adults and one child and their combined annual gross income is $45,350; so Mr. Smith will click on the "Income Greater Than" column to go to the city-administered program that will assist him in buying a home.
If the City's programs are not what you are looking for, please scroll down this page to see links for other programs offered through outside organizations.
There are many programs administered by organizations outside the City of Davenport to assist potential homeowners.
If you already own a home within the City of Davenport but it needs some work, there are programs available to assist with home rehabilitation.
If you do not own a home but wish to own and rehabilitate an abandoned home and either occupy it yourself or sell to an owner occupant, the City's HAPPEN program provides incentives. See the HAPPEN website or call the HAPPEN Coordinator 563-888-3380 for more information.
If you do rehabilitation work or make general repairs to your home, you may be able to take advantage of the Urban Revitalization Tax Exemption (URTE) benefit. URTE provides a property tax incentive to homeowners in a targeted area. To learn more about URTE see the website (under construction) or call 563-326-7748 for more information.
Would you like to print a summary of these programs for yourself or a friend? Click on Housing Assistance Matrix to view and print a PDF document listing general information about the programs available in Davenport for housing rehabilitation and buying assistance. Adobe Reader is necessary to view this file. |
