Indiana Homeowner Assistance Fund Helping Hoosiers Keep Their Homes Amid Economic Uncertainty

Friday, February 24, 2023 at 9:55 AM

By Indiana Housing & Community Development Authority, news release

The program offers monetary assistance for delinquent and future property tax bills.

INDIANAPOLIS - The Indiana Homeowner Assistance Fund (IHAF) is a support program for eligible Hoosiers who have experienced hardship from income loss.

Administered by the Indiana Housing and Community Development Authority (IHCDA), the IHAF has helped more than 3,500 eligible applicants and disbursed more than $40 million through the program to date.

"As the time for annual property assessments approaches, it is important for Hoosiers to know that IHAF can possibly pay for delinquent and future property charge fees, including property taxes," said Indiana Lt. Governor Suzanne Crouch, Indiana's Secretary of Agriculture and Rural Development. "Homeowners in Indiana who anticipate having difficulties paying their property taxes, or who already have delinquent property taxes, should visit www.877gethope.org for more information and to start an application."

Applicants can also connect with a housing counselor who can provide advice and information on their options.

Homeowners may be eligible for assistance if they meet the following requirements:

  • Impacted by the COVID-19 pandemic and experienced a financial hardship on or after January 21, 2020;
  • Own only one mortgaged home;
  • Property to be assisted is the primary residence;
  • Have an income equal to or less than 150% of the Area Median Income adjusted for household size, or 100% of the National Median Income, whichever is greater; and,
  • Live in Indiana.

"In addition to property tax assistance, applicants may also be eligible to receive mortgage reinstatement, up to six months of monthly mortgage payment assistance, and assistance with other property charge fees including homeowner insurance and homeowner association fees," said Jake Sipe, executive director of IHCDA.

More from Local News

Events

South Ripley Schools Hold Cognia District of Distinction Celebration

Administrators, teachers and staff were celebrated on Monday for all they have accomplished in recent memory.

Laughery Valley Veterinary Hospital Named Ripley Chamber Member of the Month

The Veterinary Hospital has been servicing the community since 1979.

Holiday Shopping Expo Returns to Lawrenceburg Nov. 22-24

Your one-stop-shop for all your holiday shopping needs.

EC's Bentley Makes Podium at IHSAA Cross Country State Finals

Several runners from SEI competed at State.

High School Football Scores - November 1, 2024

Postseason Week 2 in Indiana, Week 1 in Ohio.

On Air

Chelsie playing
Rascal Flatts - Why Wait

Alabama Feels So Right 8:55
Luke Bryan Down to One 8:52
Tim McGraw Something Like That 8:47
Terri Clark Girls Lie Too 8:43