Indiana Housing & Community Development Authority
Down payment and closing cost assistance for first-time homebuyers in Bloomington purchasing through IHCDA's Next Home program. Provides up to $7,500 as a forgivable second mortgage, forgiven after 10 years of occupancy. Must be combined with IHCDA first mortgage. Income and purchase price limits apply.
Forgivable second mortgage, no repayment if you stay in home 10 years
A grant-savvy contractor in Bloomington, IN can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.
Deadline: Ongoing program, subject to fund availability
Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.
This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.
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