(DES MOINES) – Gov. Kim Reynolds and Lt. Gov. Adam Gregg have announced #OwnItIowa, a new closing cost assistance program is available for Iowa home buyers.The campaign is hosted by the Iowa Finance Authority and the Iowa Association of REALTORS® and encourages all Iowans 18 years and older to visit IowaHouseHunt.com through August 31, 2017, for a chance to win $2,500 cash and learn about homeownership resources. A new, limited-time program offering $1,500 in closing cost assistance with conventional loans was also rolled out as part of the campaign.

The Iowa Finance Authority offers a variety of programs for eligible home buyers including $2,500 down payment assistance, $1,500 in closing cost assistance on conventional loans through the new, limited-time program and $5,000 down payment assistance for eligible service members and veterans.

Iowa Finance Authority Executive Director Dave Jamison says “The Iowa Finance Authority is pleased to unveil the #OwnItIowa campaign as a fun way for Iowans to win $2,500 this summer.” He encourages all Iowans to participate in the chance to win through August 31st.

“All indicators are pointing up for Iowa’s housing market,” according to Iowa Association of REALTORS® CEO Gavin Blair. Blair said “The number of days a home is on the market is at a near record low and competition for homes is strong. This translates to the need for home buyers to be armed with information, which is exactly why we’re teamed-up to offer the #OwnItIowa promotion.”