See programs you qualify for

Get Matched Free →

IHCDA Next Home Program

Administered by:
Indiana Housing and Community Development Authority (IHCDA)
· State · Forgivable Loan
Funding status: Active

How much assistance

Up to 3.5% of the purchase price (FHA) or 3% (Conventional)
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

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.

Learn More About Homebuying in Indiana

Cities Where This Program Is Available (34 cities across 1 state)

Available Statewide In