Iowa Able Loan Program

The Iowa Able Foundation helps Iowans with disabilities, their families, and older Iowans access  adaptive devices / equipment, home modifications, home repairs, and business start up/expansion funding through its loan program.The Iowa Able Foundation offers an alternative financial solution by providing loans with flexible terms to help individuals increase their independence.  This statewide 501(c)(3) nonprofit program will loan funds for any item, piece of equipment, product, home modification, home repair, or Iowa based business that is used to improve an individual’s functional capabilities, mobility, and quality of life.

 

Loans for Assistive Technology
and Home Modifications

          In an effort to counter the lack of financial resources many individuals 
          with disabilities and older Iowans face, Iowa Able offers loans for the
          purchase ofassistive technology and home modifications.

Assistive technology is defined as any item, piece of equipment or device that enables an individual to improve individual independence and quality of life. There must be a demonstrable connection between the end user's disability and the need for the equipment. Allowable equipment includes but is not limited to: wheelchairs, motorized scooters, Braille equipment, voice simulation systems, scanners, assistive listening devices, telecommunications devices for the deaf, augmentative communication systems, environmental control units, computers and adaptive peripherals, building modifications for accessibility, and motor vehicles and vehicle modifications.

Get started online, apply now >>
 

 
Business Loans 


The Iowa Able Loan Program seeks to increase home-based employment and self-employment opportunities for individuals with disabilities across the State of Iowa.  All individuals with disabilities who plan to start or are expanding a business are welcome to apply.

Allowable uses for business loans include the purchase of equipment, inventory, operating capital for start up businesses (excluding wages), rent, marketing, expenses, or other expenses critical to the operation of the business.  

Unallowable uses of Iowa Able business loans includes the purchase of real estate, speculative real estate businesses, and businesses deemed illegal in the state of Iowa by the Iowa Attorney General.                 


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Home Repair Loans 



The Iowa Able Loan Program lends for home repairs. 

Allowable uses for home repair loans include the purchase of water heaters, roofing materials and labor, flooring, or any item deemed necessary to ensure a safe and accessible living arrangement.