HOME Investment Partnerships Program

Indiana Housing & Community Development Authority

Available Home Repair

About This Program

Federal HOME funds for comprehensive housing rehabilitation for income-qualified homeowners. Provides forgivable loans for substantial repairs including roofing, plumbing, electrical, HVAC, and structural improvements. Loan forgiven after compliance period.

Forgivable loan over 5-10 years depending on amount; no repayment if compliance met

Official program page checked live on 2026-06-17.

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Forgivable loan up to $30,000
  • Income at or below 80% AMI
  • Comprehensive home rehabilitation
  • Loan forgiven after 5-10 years
  • Administered through local housing partners

How to Apply

Get free help applying Visit Official Program Page Track this program

(317) 232-7777

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

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Peru early keeps your application moving.

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This program is usually a forgivable loan: you owe nothing if you stay in the home for the set period, but it may place a lien on the property until then.

Each program sets its own contractor rules. Check the official program page for exact requirements.

Your application paperwork

HOME is the largest federal block grant for affordable housing. HUD sends the money to states and local governments (participating jurisdictions), which use part of it to help low-income owner-occupants repair, rehabilitate, or reconstruct their homes. There is no single national form; you apply through your state or local participating jurisdiction, which sets the rules and whether help comes as a grant or a loan.

Steps to apply

  1. Contact your state or local housing or community development agency and ask whether it runs a HOME-funded homeowner rehabilitation program.
  2. Confirm you qualify: you are low-income and own and occupy the home as your principal residence.
  3. Get the local program's application and complete it with your income, ownership, and project details.
  4. The local program inspects the home and arranges the approved rehabilitation.
Get the official form

Documents you will likely need

  • Proof you own and occupy the home as your principal residence.
  • Proof of household income (HOME serves low-income households).
  • A government-issued photo ID.
  • A description of the repairs needed, plus contractor estimates if the local program asks for them.
Download this checklist (PDF)

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Administered through local partners, check availability

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