Program Directory 

Purchase Programs

Opening Doors - $6,000


First-Time and Non First-Time Homebuyers Down Payment Assistance Amount: Flat $6,000. Forgiven over 5 years. Click here for printable fact sheet to bring to your lender. Available in Spanish and English. Apply with an Approved IHDA Mortgage Lender




SmartBuy **Closed for new locks as of 5/21/2021**


**PROGRAM CLOSED FOR NEW LOCKS AS OF 05/21/21. First-Time and Non First-Time Homebuyers Down Payment Assistance Amount: Flat $5,000 Student Loan Relief Amount: 15% of purchase price up to $40,000 Check out our SmartBuy page. Click here for printable fact sheet to bring to your lender. Available in Spanish and English.




Access Forgivable - 4% / $6,000


First-Time and Non First-Time Homebuyers Down Payment Assistance Amount: 4% of Purchase Price - up to a max of $6,000.00 Monthly Payment: No monthly payment. The 2nd mortgage shall be forgiven pro rata on a monthly basis over a 10-year forgiveness period. (Review Mortgage and Note for full terms.) Click here for printable fact sheet to bring to your lender. Apply with an Approved IHDA Mortgage Lender




Access Deferred - 5% / $7,500


First-Time and Non First-Time Homebuyers Down Payment Assistance Amount: 5% of Purchase Price - up to a max of $7,500.00 Monthly Payment: No monthly payment due. Full repayment of the 2nd will be due upon the sooner of the maturity date or repayment of the 1st mortgage (including refinance or sale of the property), or other qualifying repayment events. (Review Mortgage and Note for full terms.) Click here for printable fact sheet to bring to your lender. Apply with an Approved IHDA Mortgage Lender




Access Repayable - 10% / $10,000


First-Time and Non First-Time Homebuyers Down Payment Assistance Amount: 10% of Purchase Price - up to a max of $10,000 Monthly Payment: 2nd Mortgage Amount ÷ 120 months = Monthly Payment Amount (Review Mortgage and Note for full terms.) Click here for printable fact sheet to bring to your lender. Apply with an Approved IHDA Mortgage Lender





MCC - Tax Credit

Mortgage Credit Certificate (MCC) **currently closed for new applications**


For information on how to take advantage of this federal income tax credit, please visit our dedicated MCC page.





Full Program Matrix

Full Program Matrix


2021 IHDA PROGRAM MATRIX
Last updated: 5/2021 Number of Pages: (01) Review all of the current IHDA Mortgage programs with this quick side-by-side reference of key program limits and details.





DISCLAIMER: All program funding and availability is subject to change at any time, and is not guaranteed until the lender places a complete reservation with IHDA Mortgage. Potential borrowers must meet all applicable program guidelines and income/purchase price limits for the county the property is located in to be eligible.