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CAPE of Evansville Down Payment Assistance

Administered by: Community Action Program of Evansville and Vanderburgh County (CAPE) · Nonprofit · Deferred Loan

Funding status: Active

How much assistance

Up to $5,000 (Deferred Loan)

Repayment deferred with no monthly payments while living in the home. Repaid upon sale, refinance, or move-out.

Eligibility

  • Income limits: Must meet HUD income eligibility guidelines for low to moderate income households.
  • First-time buyer required: Yes — Must be a first-time homebuyer.
  • Geographic restrictions: Must purchase within the City of Evansville. Serves Vanderburgh, Gibson, and Posey Counties.
  • Homebuyer education required: No

How to Apply for CAPE of Evansville Down Payment Assistance

Step 1: Contact CAPE of Evansville to learn about eligibility and apply. CAPE serves as a Community Housing Development Organization (CHDO) providing affordable housing for low to moderate income families.

Visit program website

Notes

CAPE also provides affordable rental housing and other community services in the Evansville area.

Cities Where This Program Is Available