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Wabash Valley Habitat for Humanity Homeownership Program

Wabash Valley Habitat for Humanity · Terre Haute, Indiana

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Income limit

$59,600

The household income limit the program publishes

What is Wabash Valley Habitat for Humanity Homeownership Program?

Wabash Valley Habitat for Humanity Homeownership Program is down payment assistance for homebuyers in Terre Haute, Indiana, administered by Wabash Valley Habitat for Humanity.

  • Wabash Valley Habitat for Humanity builds and sells affordable homes to qualified low-income first-time homebuyers in the Terre Haute / Vigo County area. Selected families complete sweat-equity hours and homeowner education, then buy with a 0% interest mortgage and no down payment financed directly by Habitat, with payments set at 30% or less of income, recycled into a revolving Fund for Humanity.
  • 0% interest mortgage.
  • No down payment.
  • No application fee.
  • Payment capped at 30% or less of income.
  • New 3-bed/2-bath home with appliances.
  • Homeowner education included.
  • Funding comes from Nonprofit; local individuals, businesses, and faith organizations; mortgage payments recycled into a revolving Fund for Humanity.

Do you have to pay it back?

Wabash Valley Habitat for Humanity Homeownership Program is down payment assistance and is repaid under the terms set by Wabash Valley Habitat for Humanity.

  • The assistance is recorded in First mortgage (financed by Habitat) position.
  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Wabash Valley Habitat for Humanity Homeownership Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

The program requires

  • First-time homebuyer — the program sets its own definition
  • The home is occupied as a primary residence
  • A completed homebuyer education course, through Wabash Valley Habitat for Humanity homeowner education classes
  • Residency: Must have lived or worked in the county applied for at least 5 years
  • Citizenship or immigration status: U.S. citizen or permanent resident
  • DRAFT (dpa-gap-finder 2026-06-15): pending review. Demonstrated housing need; stable verifiable income & on-time payments 24 months; DTI reviewed; no judgments/liens; no prior foreclosure; Chapter 7 discharged 3+ years / Chapter 13 completed; rental history 24 months. Background/credit/sex-offender screening. ~$1,800-$2,000 closing costs before move-in. Applications only during open windows. Alt contacts: 812-235-5914 office, (812) 240-9621 appointments. Not confirmed (blank): min credit score, single income threshold, max household size, mortgage term, recapture, manufactured-home eligibility, open-to-all-lenders.

The program excludes

  • Households above $59,600

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

Wabash Valley Habitat for Humanity Homeownership Program limits household income to $59,600.

  • 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?

Wabash Valley Habitat for Humanity Homeownership Program can be used for Single Family.

  • New construction is eligible.

Where does it apply?

Wabash Valley Habitat for Humanity Homeownership Program serves buyers purchasing in Terre Haute, Indiana.

How do you apply?

Applications for Wabash Valley Habitat for Humanity Homeownership Program go through Wabash Valley Habitat for Humanity, which publishes the current terms and the application steps on its own site.

  1. Take a homebuyer education course

    Required by the program, through Wabash Valley Habitat for Humanity homeowner education classes.

  2. Contact Wabash Valley Habitat for Humanity to reserve funds

    Funds are reserved with the provider and are subject to availability.

  3. 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 buyer can take it to a lender or housing counselor.

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