IHCDA Next Home Down Payment Assistance

About This Program

2.5% or 3.5% of home purchase price as down payment assistance. Available to both first-time and repeat buyers. 30-year fixed-rate FHA or Conventional. Cannot exceed appraised value. Income and purchase price limits apply.

First-time and repeat buyers both eligible

Key Details

• 2.5% or 3.5% down payment assistance
• Open to repeat buyers (not just first-time)
• 30-year fixed-rate mortgage required

How to Apply

Deadline: Year-round through participating lenders