IHCDA Next Home Down Payment Assistance

Indiana Housing & Community Development Authority

Available Down Payment

About This Program

Down payment and closing cost assistance for first-time homebuyers in Indiana. Grant up to $7,500 does not require repayment if you remain in the home for 10 years. Must be combined with an IHCDA first mortgage loan. Income and purchase price limits apply.

Down payment grant, no repayment if you stay in home 10 years

Key Details

  • Grant up to $7,500 for down payment
  • For first-time homebuyers
  • Must use IHCDA first mortgage
  • Forgiven after 10 years of occupancy
  • Income and price limits apply

How to Apply

A grant-savvy contractor in Avon, IN can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Ongoing, subject to funding availability

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Avon, IN

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