The Iowa Finance Authority (IFA) was established in 1975 to undertake programs to assist in the attainment of housing for low- and moderate-income Iowans. Since then, IFA's role has expanded considerably and includes four primary areas of responsibility.

IFA offers a variety of programs that address a continuum of housing needs, from homeless assistance to multifamily rental to single-family homeownership.

The Iowa Finance Authority issues tax-exempt bonds for a wide range of projects.

IFA provides the lowest cost funds for drinking water and waste water facilities in Iowa.
This program, called the State Revolving Fund receives federal grants that allow for low-interest loans to help communities affordably build or update clean water facilities.

IFA's Title Guaranty Division offers a low-cost mechanism to guarantee title to real property in Iowa. Working with attorneys abstractors and lenders throughout the state, Title Guaranty ensures the integrity of the land title transfer system.