224 East Second Street
Ottumwa, IA 52501
Phone: (641) 684-6551
Fax: (641) 684-4894


AHEAD Regional Housing Trust Fund

The mission of the AHEAD Regional Housing Trust Fund (RHTF) is to promote the creation and preservation of affordable housing for low-to-moderate income households in Davis, Jefferson, Keokuk, Mahaska, Van Buren and Wapello counties.​

Area-wide Housing Enterprises and Development (AHEAD), Inc. has successfully served as the area’s Community Housing Development Organization (CHDO) for many years, operating programs designed to help employed first-time homebuyers with down payment and closing costs.

The RHTF assists individuals, community organizations, non-profit and for-profit developers in rehabilitation, repair, and new construction projects.  Projects and activities funded by the RHTF serves households with incomes at or below 80% of the HUD median family income guideline, with at least 30% of project dollars used to benefit extremely low income households (< 30% median income). Priority is given to projects that address repair and rehabilitation of the region’s aging housing stock.  

Funding requires projects to be in the rural area of one of the 6 counties, or in one of the following jurisdictions:


  • Davis County (Rural)

    • ​Bloomfield

    • Drakesville

    • Floris

    • Pulaski

  • ​Keokuk County (Rural)

    • Delta

    • Harper

    • Hayesville

    • Hedrick

    • Keota

    • Ollie

    • Richland

    • Sigourney

    • What Cheer


  • ​Jefferson County (Rural)

    • ​Batavia

    • Fairfield

    • Libertyville

    • Lockridge

    • Maharishi Vedic City

    • Packwood

    • Pleasant Plain

  • ​Mahaska County (Rural)

    • Barnes City

    • Beacon

    • Fremont

    • Leighton

    • New Sharon

    • Oskaloosa

    • Rose Hill

    • University Park


  • ​Van Buren County (Rural)

    • ​Birmingham

    • Bonaparte

    • Cantril

    • Farmington

    • Keosauqua

    • Milton

    • Stockport​

  • Wapello County (Rural)

    • ​Agency

    • Blakesburg

    • Eddyville

    • Eldon

    • Ottumwa

First-Time Homebuyers Program

This housing revolving loan fund loans up to $10,000 to assist first-time homebuyers (anyone who has not owned a home in 3 years) with down payment, and/or closing costs on the purchase or construction of a home.


To date the program has helped over 100 individuals and families in our regional neighborhood realize the dream of home ownership. Loan applications are taken at any time.


Please call Matt at 641.684.6551 to schedule an appointment.

Guidelines & Applications