See programs you qualify for
Get Matched Free →IHCDA Next Home Program
Funding status: Active
How much assistance
Up to 3.5% of the purchase price (FHA) or 3% (Conventional) (Forgivable Loan)
Fully forgiven after 2 years with zero percent interest and no monthly payments.
Eligibility
- Income limits: Varies by county; ranges from $82,100 to $138,740 depending on household size and location.
- First-time buyer required: No
- Credit score minimum: 660
- Geographic restrictions: Must purchase within Indiana.
- Homebuyer education required: Yes
How to Apply for IHCDA Next Home Program
Step 1: Contact an IHCDA Participating Lender to apply. Complete required homebuyer education. The lender will process the application and determine eligibility based on income limits for the county where the home is located.
Notes
Open to both first-time and repeat homebuyers. Pairs with FHA, VA, USDA, or Conventional loans through IHCDA-approved lenders.