Indiana Borough strives to enhance, maintain, and sustain livable neighborhoods. In recent years, a significant number of residential areas have become rentals or are currently for sale.
Inhabit Indiana is a unique homebuying program tailored to fit the needs and expectations of our residents. It will be rolled out in three phases, each providing the financial assistance and redevelopment tools necessary to encourage the sale of homes in Indiana Borough.
The first phase, titled the Closing Costs Assistance Program, is live now.
"Inhabit Indiana is a buffet of options to make homeownership more affordable in Indiana Borough." - Councilmember Ben Ford
Closing Costs Assistance Program
The Closing Costs Assistance Program aims to help individuals and families purchase a home in Indiana Borough. Specialized loan products, as well as reductions in closing costs fees, are core components of the program. It is made possible through a public-private partnership between Indiana Borough; Indiana County Community Action Program (ICCAP); local financial institutions; settlement firms; realtors; developers; and employers.
The following banks in our community are partners in the Closing Costs Assistance Program:
First Commonwealth Bank
Marion Center Bank
1st Summit Bank
In addition to this, the following law firms will offer reduced closing cost fees in the Closing Costs Assistance Program:
Law Office of Michael N. Vaporis
Law Offices of Marshal D. Chriswell
The Daniel Law Group PLLC
Simpson, Kablack & Rivosecchi PC
Holsinger, Clark & Armstrong
Budash & Welch, LLP
Those interested in learning more about the Closing Costs Assistance Program can contact ICCAP or Indiana Borough.
Inhabit Indiana will expand in the future to include a repair and renovations component, which will provide assistance with costs associated with bringing properties up to code, as well as allow opportunity for homeowners to make exterior improvements to their homes.
Additionally, we intend to expand Inhabit Indiana to encourage employers to participate in the Pennsylvania Housing Finance Authority's Employer Assisted Housing Initiative (PHFA EAH).
Through successful partnerships between Indiana Borough and local entities, we can work together to make our community a sustainable and vibrant place where people can live, work, and play.