IHCDA HomeWise 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. Provided as a 0% interest, forgivable second mortgage. Must complete homebuyer education course and meet income limits. Available statewide including Zionsville.

Maximum down payment assistance amount for qualifying first-time buyers

Official source site checked live on 2026-06-17.

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

Key Details

  • Up to $7,500 for down payment and closing costs
  • 0% interest forgivable second mortgage
  • Must be first-time homebuyer
  • Homebuyer education course required
  • Income limits apply based on area median

How to Apply

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

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • The program's own application form, completed (use the official link or phone number on this page).

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: Ongoing while funds available

Questions about this program?

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Need a Contractor for This Grant?

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

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