Inclusive Communities Fund Down Payment Assistance Program
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
- Bank of America
- BMO Harris Bank
- Centier Bank
- Chase
- Citi Bank
- Fifth Third Bank
- First Merchants Bank
- First Savings Bank of Hegewisch
- Huntington Bank
- Old National Bank
- People’s Bank
- Wintrust Mortgage
Applicants Must Complete Homebuyer Education & One-on-One Counseling
How to Get Started:
Contact South Suburban Housing Center for more information and to begin intake:
Call (708) 957-4674 or email us at sshc.contact@gmail.com
Grant Amount is Based on Household Income (up to 120% AMI)
2025 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 Size | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
|---|---|---|---|---|---|---|---|---|
| < 60% | $40,200 | $45,900 | $51,650 | $57,360 | $61,950 | $66,550 | $71,150 | $75,750 |
| 60-80% | $53,550 | $61,200 | $68,850 | $76,500 | $82,650 | $88,750 | $94,900 | $101,000 |
| 80-120% | $80,400 | $91,800 | $103,300 | $114,720 | $123,900 | $133,100 | $142,300 | $151,500 |