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Homebuyer Programs in Jeffersonville, IN (2026)

Population: 51,000 | Median home price: $250,000 | Est. closing costs: $5,000 - $7,500

Last updated April 12, 2026

Skyline of Jeffersonville, IN

Jeffersonville is a growing city of about 51,000 in Clark County, Indiana, situated along the Ohio River directly across from Louisville, Kentucky, making it a popular choice for homebuyers who want Indiana affordability with easy access to a major metro area. With a median home price around $250,000, Jeffersonville offers solid value. The IHCDA First Place Program provides up to 6% of the purchase price as a forgivable loan for first-time buyers, which could mean up to $15,000 on a typical Jeffersonville home. The IHCDA Next Home Program offers up to 3.5% for both first-time and repeat buyers. The IHCDA Mortgage Credit Certificate can save homeowners up to $2,000 per year in federal tax credits. Locally, Community Action of Southern Indiana (CASI) offers an Individual Development Account program that matches personal savings 3-to-1, providing up to $4,500 in matched funds for homebuyers. Habitat for Humanity Clark & Floyd Indiana is also actively building affordable homes in Jeffersonville, including 11 new homes in the Claysburg neighborhood.

State Programs in Indiana

IHCDA First Place Program
Type:
Forgivable Loan
Amount:
Up to 6% of the purchase price
First-time only:
Yes
IHCDA Mortgage Credit Certificate (MCC)
Type:
Tax Credit
Amount:
Up to $2,000 per year in federal tax credits
First-time only:
Yes
IHCDA Next Home Program
Type:
Forgivable Loan
Amount:
Up to 3.5% of the purchase price (FHA) or 3% (Conventional)
First-time only:
No

Federal Programs

FHA Loans
Type:
Government-Insured Mortgage
Amount:
Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
First-time only:
No
FHLBA Community Partners Product
Type:
Forgivable Loan
Amount:
Up to $20,000 in home purchase assistance for down payment and closing costs
First-time only:
No
FHLBA First Time Homebuyer Product
Type:
Forgivable Loan
Amount:
Up to $17,500 in home purchase assistance for down payment and closing costs
First-time only:
Yes
FHLBA Workforce Housing Plus+
Type:
Forgivable Loan
Amount:
Up to $15,000 in home purchase assistance for down payment and closing costs
First-time only:
No
Good Neighbor Next Door (HUD)
Type:
Government Property Sale Program
Amount:
50% discount off the list price of HUD-owned homes
First-time only:
Yes
Home Possible Mortgage (Freddie Mac)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HomeReady Mortgage (Fannie Mae)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HUD $100 Down Program
Type:
FHA-Financed HUD REO Purchase
Amount:
Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
First-time only:
No
USDA Rural Development Loans
Type:
Government-Guaranteed Mortgage
Amount:
100% financing (no down payment required); loan amount up to appraised value
First-time only:
No
VA Loans
Type:
Government-Guaranteed Mortgage
Amount:
No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
First-time only:
No

Nonprofit Programs

CASI Individual Development Account (IDA) Program
Type:
Grant
Amount:
Up to $4,500 in matched savings (3:1 match on personal savings)
First-time only:
No
Habitat for Humanity Clark & Floyd Indiana Homeownership
Type:
Zero-Interest Loan
Amount:
Affordable mortgage on a Habitat-built home with zero-interest terms over 25 years
First-time only:
No

How to Apply

Step 1:

Check your eligibility. Review income limits for Clark County under IHCDA programs. The First Place Program requires first-time buyer status, while the Next Home Program is open to repeat buyers. A minimum credit score of 640 is typically required for IHCDA loans. For the CASI IDA program, you must earn less than 175% of the Federal poverty threshold.

Step 2:

Complete homebuyer education. IHCDA programs require a HUD-approved homebuyer education course. New Hope Services at 725 Wall Street in Jeffersonville is a HUD-approved counseling agency offering pre-purchase education workshops. Contact them at (812) 288-8248. You can also find courses through Housing4Hoosiers.org.

Step 3:

Explore the CASI IDA matched savings program. If you have time to save, Community Action of Southern Indiana offers a matched savings program that provides $3 for every $1 you save, up to $4,500 in matched funds for a home purchase. Contact Marilyn Warren at (812) 288-6451 ext. 2113.

Step 4:

Connect with an IHCDA-approved lender. IHCDA down payment assistance is only available through participating lenders. Visit the IHCDA website or call (317) 232-7777 to find an approved lender in the Clark County area.

Step 5:

Get pre-approved for a mortgage. Your lender will help determine which combination of programs works best for your situation and how much total assistance you qualify for.

Step 6:

Find a home and close. Work with a real estate agent familiar with Jeffersonville and Clark County. The process typically takes 30 to 45 days from accepted offer to closing.

Frequently Asked Questions

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