Forgivable loan
HOPE of Evansville Homebuyer Down Payment Assistance Program
First-time homebuyers · New construction · Income limits · Single Family
Down payment assistance · Vanderburgh County
Buying a home in Evansville, IN
5 Evansville programs and 8 statewide.Evansville has 5 programs of its own, and 8 statewide. Here is what each one offers, what the local market looks like, and who near you can walk you through it.
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Only for Evansville addresses
Evansville’s own programs
Assistance grant
CAPE of Evansville Down Payment Assistance Program
First-time homebuyers · New construction · Income limits · Single Family
Forgivable loan
City of Evansville HOME Homebuyer Program
First-time homebuyers · New construction · Income limits · single-family (up to 4 units, with longer affordability) · condominium · cooperative
Assistance grant
First Time Homebuyer program
First-time homebuyers · New construction · Income limits · Single-family detached (existing or new construction)
Down-payment assistance
Habitat for Humanity of Evansville Homeownership Program
New construction · Income limits · Single Family
The Evansville marketThe Evansville housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in Evansville
- 64.1% single-familysingle-family
- 2.9% townhousetownhouse
- 10% 2–4 units2–4 units
- 21.9% 5+ unitscondo & apartment buildings (5+ units)
- 1% mobile & othermobile home & other
Condos count. 1 of Evansville’s 5 local and county programs accept condos.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When Evansville’s homes were built
pre-19401970s2020+
72.7%
of Evansville homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.of homes were built before 1980. A home built before 1978 comes with a federal lead-paint disclosure, and some programs require an inspection.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.
$93,000
County area median income, 4 people (HUD)HUD area median income, Vanderburgh County, 4-person household (2026)
$53,387
Evansville median household incomeMedian household income in Evansville (Census, 2024)
15 of the 75 programs here set their income limit as a share of Vanderburgh County’s area median income, adjusted for household size. See the published limits for Vanderburgh County
Free help nearbyFree help near Evansville
2 HUD-approved counseling agencies within 15 miles2 HUD-approved housing counseling agencies within 15 miles
5 programs here ask for a homebuyer class first. Create a free account to see who’s near you and pick one.All 5 local programs here ask for a homebuyer class. A HUD-approved counselor teaches it and can walk you through your options. Create a free account to see who’s near you and pick one.
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Across Indiana and nationwide
70 statewide & federal programs8 statewide programs, plus federal options
Evansville questions
Does Evansville have its own down payment program?
Yes, 5: HOPE of Evansville Homebuyer Down Payment Assistance Program, CAPE of Evansville Down Payment Assistance Program, City of Evansville HOME Homebuyer Program, First Time Homebuyer program and Habitat for Humanity of Evansville Homeownership Program. Each is for homes inside Evansville.
Can I use assistance on a condo in Evansville?
1 of Evansville’s 5 local and county programs accept condos. Each program’s page lists the kinds of homes it accepts, and the agency confirms it for the home you choose.
What is the income limit in Vanderburgh County?
Each program sets its own. 15 of the programs here set theirs as a share of HUD’s area median income for Vanderburgh County, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.
Where can I take a homebuyer class near Evansville?
HUD-approved housing counseling agencies teach homebuyer classes, and 2 agencies are within 15 miles of Evansville. Create a free account and take the 90-second match to see the ones near you.
ZIP codes
47701 · 47702 · 47703 · 47704 · 47705 · 47706 · 47708 · 47710 · 47711 · 47712 · 47713 · 47714 · 47715 · 47716 · 47719 · 47720 · 47721 · 47722 · 47724 · 47725 · 47727 · 47728 · 47730 · 47731 · 47732 · 47733 · 47734 · 47735 · 47736 · 47737 · 47739 · 47740 · 47741 · 47744 · 47747 · 47750
Nearby in Vanderburgh
Sources
Sources: agency sites (June–September 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.Programs: Hey Prescott catalog of 2,000+ programs, each verified with its agency (June–September 2026). Market: U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Income: HUD FY2026 income limits. Counselors: HUD list of approved housing counseling agencies. Hey Prescott is not a lender.