Indianapolis Neighborhood Housing Partnership

ANCHOR HOUSING

Save time and money — and live close to work. As part of the Anchor Housing program, benefits-eligible part-time and full-time employees can access down payment assistance to buy a home or funds to pay for home repairs.

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PROGRAM BENEFITS

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GET HELP FINANCING YOUR HOME

Buy a home anywhere in Marion County, and you may qualify for $9,646.50 in down payment assistance. Or, buy a home within either of the two designated areas shown below, and you could qualify for $12,862 in down payment assistance.

OWN YOUR NEW HOME FASTER

INHP’s Mortgage Accelerator program helps you own your new home in as few as 20 years without a high interest rate or high monthly payment.

MAKE HOME REPAIRS

If you already own a home within either of the two designated areas shown below, use Anchor Housing funds to improve your home's exterior. Qualifying repairs may include siding, roof repairs, replacement windows, gutters and more.

GET STARTED NOW

To start the application process, submit your information via the Anchor Housing online registration form.

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PROGRAM DESIGNATED AREAS

Employees who buy a home anywhere in Marion County may qualify for $9,646.50 in down payment assistance. Or, buy a home inside either of the two designated areas below and you could receive $12,862 in down payment assistance. If you already own a home within either of the two designated areas below, you can use Anchor Housing funds to make exterior home repairs.

Use the plus or minus buttons on the bottom left of the map to zoom in or out.

PROGRAM GUIDELINES

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PROGRAM AVAILABILITY

The program is first-come, first-served. A limited number of forgivable home purchase loans or forgivable home repair loans are available.* Individuals may only participate in the program one time.

HOMEBUYER ASSISTANCE & ADVISING

If you are buying a home, unbiased loan officers will help you compare interest rates, down payment and loan terms so you can choose the right loan for you. If needed, INHP offers pre-purchase homeownership advising. Click here for information about advising and related costs.

HOMEBUYER EDUCATION REQUIREMENTS

Homebuyers using the program to purchase a home must take INHP’s Homebuyer Education Class. Click here for information about the class and related costs.

HOME REPAIR OVERSIGHT

Homeowners using the program for home repairs may qualify to receive help from INHP to select contractors. INHP also will help make sure the contractor completed the work proposed. Click here to see what to expect.

* Income and other eligibility restrictions apply. See the FAQ section below for more information. Rates and terms are subject to change without notice.

FREQUENTLY ASKED QUESTIONS

INTERESTED IN THE ANCHOR HOUSING PROGRAM?

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START YOUR HOME PURCHASE

Interested in buying a home through the Anchor Housing program? Click on the link below to submit your information. An INHP lending team member will contact you.

GET EXPERT ADVICE

INHP's unbiased lending team can answer your questions and help you navigate the process. Contact the Anchor Housing program manager to get started.

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