City of Mishawaka Homeownership Down Payment Assistance (HSS-1)
City of Mishawaka Homeownership Down Payment Assistance (HSS-1) is a deferred second loan for homebuyers in Mishawaka, Indiana, administered by City of Mishawaka Planning and Community Development Department.
The program asks for
- First-time homebuyer — the program sets its own definition
- The home is occupied as a primary residence
- Residency: Purchase property within City of Mishawaka city limits
- Administered through St. Joseph County Housing Consortium. Program specifics by contacting Laura Viramontes, Grant Manager, lviramontes@mishawaka.in.gov. Works with Community Homebuyers Corporation and local financial institutions. Loan term, forgiveness schedule, and specific income limits not published; must contact department directly (NEEDS REVIEW).
- A home inside Mishawaka city limits
It doesn’t cover
- Households above 80% of area median income
- Homes outside Mishawaka
These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.
Income limit
80% of St. Joseph County’s area median income
HUD sets the area median income each year. The limit changes with household size, so a family of five has a higher limit than a single homebuyer.
Where it applies
Mishawaka’s homesMishawaka’s homes, and the ones this program accepts
- 49.5% single-familysingle-family
- 6.2% townhousetownhouse
- 8.7% 2–4 units2–4 units
- 31.6% 5+ unitscondo & apartment buildings (5+ units)
- 4.1% mobile & othermobile home & other
A tick marks a kind of home the program’s record lists. The agency confirms it for the home you choose.
$155,500
Mishawaka median home value
57.1%
built before 1980
U.S. Census Bureau, ACS 2024 5-year. More about buying in Mishawaka
How to apply
How to applyTwo steps, in this order
Contact City of Mishawaka Planning and Community Development Department to reserve funds
Funds are reserved with the provider and are subject to availability.
Work with a lender who handles the program
Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.
Questions about this program
What is City of Mishawaka Homeownership Down Payment Assistance (HSS-1)?
City of Mishawaka Homeownership Down Payment Assistance (HSS-1) is a deferred second loan for homebuyers in Mishawaka, Indiana, administered by City of Mishawaka Planning and Community Development Department. The City of Mishawaka Department of Planning and Community Development administers a Homeownership Assistance program (Goal HSS-1) as part of the St. Joseph County Housing Consortium Consolidated Plan, promoting homeownership for low- and moderate-income persons through down payment assistance, leveraging HOME and CDBG funds. Down payment assistance for low- and moderate-income homebuyers within Mishawaka city limits. Specific dollar amounts per household not published; contact Community Development. Funding comes from HOME Investment Partnerships Program and CDBG; St. Joseph County Housing Consortium.
Do you have to pay it back?
City of Mishawaka Homeownership Down Payment Assistance (HSS-1) is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.
Who qualifies?
City of Mishawaka Homeownership Down Payment Assistance (HSS-1) is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time homebuyer" usually means not having owned a home in the last three years, but the program sets its own definition. Residency requirement: Purchase property within City of Mishawaka city limits. Administered through St. Joseph County Housing Consortium. Program specifics by contacting Laura Viramontes, Grant Manager, lviramontes@mishawaka.in.gov. Works with Community Homebuyers Corporation and local financial institutions. Loan term, forgiveness schedule, and specific income limits not published; must contact department directly (NEEDS REVIEW).
What are the income limits?
City of Mishawaka Homeownership Down Payment Assistance (HSS-1) limits household income to 80% of the area median income, which varies by county and household size. Low- and moderate-income per HOME/CDBG requirements (at or below 80% AMI). The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.
What kind of home can it be used for?
City of Mishawaka Homeownership Down Payment Assistance (HSS-1) can be used for single_family.
Where does it apply?
City of Mishawaka Homeownership Down Payment Assistance (HSS-1) serves homebuyers purchasing in Mishawaka, Indiana.
How do you apply?
Applications for City of Mishawaka Homeownership Down Payment Assistance (HSS-1) go through City of Mishawaka Planning and Community Development Department, which publishes the current terms and the application steps on its own site. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.
Also for Mishawaka homebuyersOther programs open to Mishawaka homebuyers
- Habitat for Humanity of St. Joseph County Homeownership ProgramFirst mortgage
- FHLBank Indianapolis Homeownership Opportunities Program (HOP)Up to $20,000
- HomeBoost – Down Payment AssistanceUp to $20,000
Whether two programs can be combined is up to each agency. Ask before you apply.
All 72 programs for MishawakaProgram terms are set by City of Mishawaka Planning and Community Development Department and can change; confirm on the official site before you apply.