Ready for Homeownership?

South Suburban Housing Center is providing up to $15,000 in down payment assistance to eligible homebuyers purchasing in Gary, Indiana. Below are the basic requirements, eligible communities, and our preferred lenders.

Must Purchase in Gary, Indiana

Five-Year Forgivable Grant

Primary Residence, One-Unit Properties

Cannot Own Other Residential Real Estate at Closing

Funds Are Very Limited – FIRST COME FIRST SERVE

Conventional Financing & Preferred Lenders Only

You are encouraged to compare products, rates, and services of multiple lenders and are entitled to choose whichever lender and lending product best meets your needs.

  • Associated Bank
  • BMO Harris Bank
  • Centier Bank
  • Chase
  • Citi Bank
  • Fifth Third Bank
  • First Merchants Bank
  • First Savings Bank of Hegewisch
  • Old National Bank

Applicants Must Complete Homebuyer Education & One-on-One Counseling

Contact the City of Gary to apply for the Inclusive Communities Fund Down Payment program. They will guide you through the intake, education, and counseling required for the assistance.

Email Johnnie Ragland at
or call (219) 881-5075 for more information.

Grant Amount is Based on Household Income (up to 120% AMI)

2023 Area Medium Income (AMI) limits are for the Gary, IN HUD Metro FMR Area. See the charts below to see your household AMI.

  • Less than 60% AMI: $15,000 Grant
  • 60 – 80% AMI: $10,000 Grant
  • 80-120% AMI: $5,000 Grant
Household Size12345678
< 60%$37,560$42,900$48,240$53,580$57,900$62,160$66,480$70,740