To qualify for HOPE’s Down Payment Assistance (DPA) program you must be below 80% AMI for Vanderburgh County. These income limits change every year, and 2022 income limits have just been released.
The row labeled “Low (80%) Income Limits ($)” is the maximum income you can have to qualify for DPA based on your family size. Family size is outlined across the top of the chart.
For example, if you are single (1 person on the mortgage) and have one dependent and your gross income is below $48,750, you could qualify for DPA.
Gross income is your income before taxes are taken out.
What counts as income?
Guaranteed hours at your job, this does not include overtime paid.
Child support if it is court ordered and received. Counselors will use a receipt of the last 365 days received child support.
Social Security/SSI/SSDI, pension, retirement income, dividends, etc.
Section 8, TANF, or SNAP benefits do not count as income.
This is not an exhaustive list, our counselor can speak more directly to your situation.
Ready to see if you qualify? Join us for Fair Shot to get started. Starting through Fair Shot will waive the $35 application fee.
Phone: (812) 423-3169
Fax Number: (812) 424-2848
Email: office@hopeofevansville.org
Address: 900 North Main Street
Evansville, IN 47713
By appointment only
Closed all major federal holidays.