IHD Access Forgivable
The IHD Access Forgivable program offers a forgivable loan to assist with the down payment and closing costs. This program offers a forgivable loan equivalent to 4% of the purchase price, with a maximum cap of $6,000. Parts of this loan are forgiven over time, which means that if you stay in the home for a set period of time (usually 10 years), you will not have to repay the loan.