Indiana First Place Program

Indiana Housing & Community Development Authority

Available Down Payment

About This Program

Indiana First Place Program is available to homeowners in Marion, IN.

Down payment and closing cost assistance for first-time homebuyers in Indiana. Provides up to $7,500 as a forgivable second mortgage that is forgiven after 10 years of owner occupancy. Must be combined with IHCDA first mortgage.

Forgivable loan of up to $7,500, forgiven after 10 years of occupancy

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

Data last verified 2026-06-09. How we verify our data.

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

Key Details

  • Up to $7,500 down payment assistance
  • Forgivable loan, forgiven after 10 years
  • Must be first-time homebuyer
  • Income limits apply (typically 80% AMI)
  • Must use IHCDA first mortgage product

How to Apply

A grant-savvy contractor in Marion, 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: Ongoing program

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 Indiana First Place Program provide in Marion, IN?

Up to $7,500 down payment assistance.

Who qualifies for Indiana First Place Program in Marion?

Indiana First Place Program is open to homeowners in Marion, IN.

How do I apply for Indiana First Place Program in Marion, 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 Marion, IN

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

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