Lacasa Homeownership Assistance Program (Goshen & Elkhart)

Lacasa Homeownership Assistance Program (Goshen & Elkhart) is a forgivable loan for homebuyers in Goshen, Indiana, administered by Lacasa, Inc. Lacasa, Inc., in partnership with the cities of Goshen and Elkhart, provides up to $15,000 in down payment and closing-cost assistance plus one-on-one homeownership coaching to income-eligible buyers purchasing a home within Goshen or Elkhart city limits. Eligible homes must be built in 1979 or later, and the buyer must have a current mortgage preapproval and meet program income limits. The approval process takes one to three months and funding is limited. Up to $15,000 toward down payment and closing costs. One-on-one housing coaching through closing. Backed by local city government. HUD-approved counseling agency / NeighborWorks member. Funding comes from City of Goshen and City of Elkhart (administered by Lacasa, Inc.).

Lacasa Homeownership Assistance Program (Goshen & Elkhart) offers up to $15,000 in assistance. Amounts are the program's published maximums, not an offer — Lacasa, Inc. determines any individual award.

Lacasa Homeownership Assistance Program (Goshen & Elkhart) is a forgivable loan, so the balance is forgiven once the program's conditions are met. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Lacasa Homeownership Assistance Program (Goshen & Elkhart) is open to homebuyers who will live in the home as their primary residence. A homebuyer education course is required, through Lacasa, Inc. (NeighborWorks chartered member); one-on-one housing coaching and free monthly Master Homeownership class. Residency requirement: Home must be located within the city limits of Goshen or Elkhart, Indiana. Property must be built 1979 or later and within Goshen or Elkhart city limits; buyer must have non-expired mortgage preapproval and be purchasing within 2-4 months; household income within posted limits. Contacts: Ashley Bowen (VP Financial Empowerment), DeVon Swihart, Rafael Chavez.

Lacasa Homeownership Assistance Program (Goshen & Elkhart) limits household income to $71,900. The limit applies to total household income, not only the borrower’s. The program lists a maximum household size of 8. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Lacasa Homeownership Assistance Program (Goshen & Elkhart) can be used for Single Family. New construction is not eligible.

Lacasa Homeownership Assistance Program (Goshen & Elkhart) serves homebuyers purchasing in Goshen, Indiana. The program targets specific areas: Goshen and Elkhart city limits only.

Applications for Lacasa Homeownership Assistance Program (Goshen & Elkhart) go through Lacasa, Inc., which publishes the current terms and the application steps on its own site. Funds are reserved through Funding is limited; eligibility screening via Lacasa intake; approval process takes 1 to 3 months. 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.