IHCDA (Indiana Housing and Community Development Authority)

The Indiana Housing and Community Development Authority (IHCDA) is a state-level agency created to expand affordable housing opportunities across Indiana. IHCDA administers state down payment assistance (DPA) programs, such as First Place and Next Home, providing qualified first-time and repeat buyers with forgivable grants or low-interest second mortgages to cover cash-to-close requirements when paired with FHA or conventional financing.