Home Improvement Grants in New Castle.

Find grants, rebates, forgivable loans, and free programs for New Castle, IN, filtered to your situation.

As of June 2026, 27 home improvement grant, rebate, and forgivable loan programs are open to homeowners in New Castle, IN, with individual awards up to $126,526. 7 programs target seniors, 2 serve veterans, and 14 require no income limit.

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Showing 27 programs
Varies, no individual cap; projects typically $10K-$200K+

FEMA Hazard Mitigation Grant Program (HMGP)

HMGP provides funding after a presidentially declared disaster to help communities reduce future disaster losses. Homeow...

Disaster
Up to $30,000

FEMA Increased Cost of Compliance (ICC) Coverage

ICC coverage is built into every National Flood Insurance Program (NFIP) policy and pays up to $30,000 to help bring a s...

Disaster
Varies by jurisdiction, typically $5,000-$15,000 per unit

HUD Lead Hazard Control & Healthy Homes

HUD funds state, county, and city governments to identify and fix lead-based paint hazards and other health hazards (mol...

Seniors & Disability
Varies, full line replacement cost covered in many programs

EPA / WIIN Act Lead Service Line Replacement

EPA's WIIN Act grants and the Drinking Water State Revolving Fund (DWSRF) fund lead service line replacement programs in...

Seniors & Disability
Up to $8,000 in weatherization services

Indiana Weatherization Assistance Program (WAP)

Federal weatherization program administered in Henry County by Community Action of East Central Indiana. Provides free e...

Weatherization
Free lead hazard abatement

Indiana Lead Hazard Reduction Program

State-administered program to reduce lead-based paint hazards in pre-1978 homes with children under age 6. Provides test...

Home Repair
Forgivable loan up to $24,999

New Castle Owner-Occupied Rehabilitation Program

CDBG-funded program providing major home repairs for owner-occupied homes in New Castle city limits. Loan is forgiven af...

Home Repair
Up to $7,500 grant

New Castle Emergency Home Repair Grant

Emergency repair grant for owner-occupied homes in New Castle facing immediate health or safety hazards. Covers urgent r...

Emergency
Up to $15,000 grant

New Castle ADA Accessibility Modification Grant

Provides grants for accessibility modifications to owner-occupied homes where a household member has a documented disabi...

Seniors & Disability
Up to $5,000 grant

New Castle Sewer Lateral Repair Program

Assists income-qualified homeowners with repair or replacement of private sewer laterals connecting homes to the public ...

Home Repair
Up to $1,050 rebate

Duke Energy Indiana HVAC Rebate Program

Rebates for installation of qualifying energy-efficient heating and cooling equipment in Duke Energy service territory. ...

Energy
Up to $400 rebate

Duke Energy Indiana Insulation & Air Sealing Rebate

Rebates for adding insulation or professional air sealing to improve home energy efficiency. Covers attic insulation, wa...

Weatherization
Up to $450 rebate

Duke Energy Indiana Water Heater Rebate

Rebates for installation of qualifying energy-efficient electric water heaters, including heat pump water heaters. Highe...

Energy
Up to $100 instant rebate

Duke Energy Indiana Smart Thermostat Program

Instant rebates on purchase of qualifying smart thermostats through Duke Energy's online marketplace. Smart thermostats ...

Energy
Up to $10,000 grant (age 62+) and $40,000 loan, $50,000 combined

USDA Section 504 Home Repair Loan

Very low-interest loans (1% fixed) to very-low-income homeowners in eligible rural areas for home repairs and improvemen...

Home Repair
Up to $10,000 grant (age 62+) and $40,000 loan, $50,000 combined

USDA Section 504 Home Repair Grant

Grants up to $10,000 for very-low-income homeowners age 62+ in eligible rural areas of Henry County to remove health and...

Seniors & Disability
Up to $126,526 (SAH) or $25,350 (SHA), FY2026

VA Specially Adapted Housing (SAH) Grant

Grant for eligible veterans with certain service-connected disabilities to build, buy, or modify a home to accommodate t...

Veterans
Up to $25,350 (SHA), FY2026

VA Special Housing Adaptation (SHA) Grant

Grant for veterans with certain service-connected disabilities to adapt a family member's home where they reside. Covers...

Veterans
Up to $35,000 forgivable loan

Indiana HOME Owner-Occupied Rehabilitation

Federally-funded HOME program providing rehabilitation assistance for owner-occupied homes statewide. Administered local...

Home Repair
Up to $10,000 grant

Indiana Senior Home Repair Program

Emergency and accessibility repair grants for low-income seniors age 60+ to remain safely in their homes. Covers urgent ...

Seniors & Disability
Defers property taxes, amount varies

Indiana Property Tax Deferral for Seniors

Indiana seniors age 65+ with total household income under $40,000 (2024) can defer property taxes on their primary resid...

Property Tax Relief
Up to 60% of assessed value reduction

Indiana Homestead Standard Deduction

Indiana homestead deduction reduces the assessed value of your primary residence by up to 60%, lowering your annual prop...

Property Tax Relief
Additional assessed value reduction

Indiana Over Age 65 Property Tax Deduction

Additional property tax deduction for Indiana homeowners age 65 or older. Can be combined with standard homestead deduct...

Property Tax Relief
30% of system cost tax credit

Federal Residential Solar Investment Tax Credit

Federal tax credit covering 30% of the cost of installing solar panels and battery storage on your New Castle home. Cred...

Solar/Renewable
Potential tax reduction if successful

Henry County Property Tax Assessment Appeal

Homeowners who believe their property assessment is too high can file an appeal with the Henry County Assessor. Successf...

Property Tax Relief
Up to $500 energy assistance

Indiana Low Income Home Energy Assistance (LIHEAP)

Federally-funded program helping low-income households pay heating and cooling bills. Administered locally by Community ...

Energy
Up to 20% state + 20% federal tax credit

Indiana Historic Preservation Tax Credit

State tax credit of up to 20% of qualified rehabilitation expenditures for income-producing historic properties listed o...

Historic

💡 Stack programs to maximize your savings

Many of these programs can be combined. For example, you can use a city repair grant for the work, a utility rebate for the energy savings, and a federal tax credit on top, all for the same project.

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