The Attainable Homeownership Tax Credit (IC 6-3.1-40.9) is available for individuals or businesses who make a contribution to an affordable housing organization approved by the Indiana Economic Development Corporation. There is $4,000,000 available each fiscal year through Dec. 31, 2029.
The maximum contribution available for each claim is the lesser of 50% of the contribution or $10,000. In other words, when claiming the credit, enter half the amount of your contribution or $10,000, whichever is less.
Approved affordable housing organization(s)
Amount available to date
| Credit Available to Date | Dollar Amounts |
|---|---|
| Total dollar amount available July 1, 2024 - June 30, 2025 | $4,000,000 |
| Total dollar amount claimed as of Jan. 14, 2025 | $0 |
| Total dollar amount remaining through June 30, 2025 | $4,000,000 |