FHLBank Indianapolis Launch Down Payment Assistance

How much assistance

Up to $20,000 (Grant)

Eligibility

• Income limits: At or below 80% of area median income (AMI)
• First-time buyer required: Yes — Must not have owned a home in the past 3 years
• Geographic restrictions: Indiana and other FHLBank Indianapolis member states
• Homebuyer education required: Yes

How to Apply for FHLBank Indianapolis Launch Down Payment Assistance

Notes

Funds are awarded on a first-come, first-served basis during annual funding rounds. Available through FHLBank Indianapolis member institutions including banks and credit unions. Covers down payment, closing costs, and housing counseling fees.

Cities Where This Program Is Available

• Muncie, IN
• Michigan City, IN
• Portage, IN
• Plainfield, IN
• Goshen, IN
• Brownsburg, IN
• New Albany, IN
• Kokomo, IN
• Lawrence, IN
• Valparaiso, IN
• Lafayette, IN
• Greenwood, IN
• Merrillville, IN
• Crown Point, IN
• West Lafayette, IN
• Gary, IN
• Terre Haute, IN
• Richmond, IN
• Zionsville, IN