IHCDA Next Home Down Payment Assistance

Indiana Housing & Community Development Authority

Available Down Payment

About This Program

IHCDA Next Home Down Payment Assistance is available in Evansville, IN.

Forgivable second mortgage for first-time homebuyers to assist with down payment and closing costs. Available anywhere in Indiana including Evansville, forgiven after 10 years of occupancy when paired with IHCDA first mortgage.

Forgivable loan amount for down payment and closing costs

Official program page checked live on 2026-06-22.

Data last verified 2026-05-25. How we verify our data.

In Evansville, IN, you can combine this program with other local help to cut your cost:

Key Details

  • Up to $7,500 forgivable second mortgage
  • First-time homebuyers in Evansville
  • Income limits apply (varies by county)
  • Forgiven after 10 years of occupancy
  • Must use IHCDA-approved lender

How to Apply

A grant-savvy contractor in Evansville, IN can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • The program's own application form, completed (use the official link or phone number on this page).

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Available through participating lenders

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

How much can IHCDA Next Home Down Payment Assistance provide in Evansville, IN?

Up to $7,500 forgivable loan.

How do I apply for IHCDA Next Home Down Payment Assistance in Evansville, IN?

Apply directly with Indiana Housing & Community Development Authority using the official program link on this page or call (317) 232-7777. There is no middleman and no fee.

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Evansville, IN

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

See All Programs