Foreclosure Mitigation
In partnership with IHCDA and IFPN, we assist homeowners in jeopardy of foreclosure; provide individual counseling & work with lenders / mortgage companies for a positive outcome for all.
Housing Counseling Services
The Community Action Program of Evansville provides comprehensive housing counseling services to empower purchasers with the knowledge and tools needed to make informed decisions. Our experienced counselors provide personalized guidance tailored to each individual’s specific needs, assisting them in overcoming obstacles related to housing and ultimately attaining long-term homeownership.
Your Path to Homeownership Starts Here!
Buying a home is one of the biggest financial decisions you’ll ever make, let CAPE guide you every step of the way! Our experienced housing counselors provide personalized, independent advice to help you overcome obstacles and achieve your dream of homeownership with confidence.
How We Can Help You:
Homeownership Education
Understand the homebuying process, mortgage options, and down payment assistance programs.
Budgeting & Credit Counseling
Take control of your finances, improve your credit, and qualify for a mortgage.
Affordability Assessment
Find out how much home you can afford while minimizing financial risks.
Action Planning
Get a step-by-step roadmap to homeownership, tackling financial barriers along the way.
Don’t navigate this journey alone — CAPE is here to help!
Individual Development Account (IDA)
Objective
The IDA program assists people with limited means in achieving financial independence and self-sufficiency by providing them the skills to:
- Develop a budget and set goals
- Establish regular saving habits
- Invest in assets
History
In 1997, the Indiana Housing Community and Development Authority (IHCDA) created the IDA program as an innovative tool to help low-income Hoosiers:
- Build assets
- Attain self-sufficiency
- Learn personal financial skills
- Invest in improving their quality of life
Who is it for?
IDA programs are for low-to-moderate income individuals at or below 200% of the federal poverty line.
Individuals under 50% of the poverty line save at least 2x — 3x the rates of those between 150% — 200% of the poverty line.
The program covers all of Indiana’s 92 counties and is administered by over 30 local program administrators with Community Development Corporations (CDC).
What does it provide?
- Financial education
- Case Management
- Homeownership counseling
- Other goal-specific training
How does it work?
Financial education is important, significantly raising savings rates and providing program consistency.
Account holders save primarily through reducing other expenditures and secondarily through increasing income.
Most account holders can amass critical assets through IDAs.
IDAs have significant psychological and social effects, increasing:
- Future orientation
- Financial skills
- Sense of control
- Initiative-taking
- Civic and family participation.
Requirements
IDAs are matched savings accounts designed to encourage low-income families to save for the purchase of an asset.
Participants in the program are required to successfully complete financial education as well as training related to a specific asset purchase.
The program year is July 1st to June 30th.
The match rate is 3:1, where participants save $1,500 over three years and receive $4,500 in state match funds.
Eligible Assets
- Purchasing a home
- Paying for home repair
- Starting / expanding a small business
- Purchasing a vehicle
- Paying for education/job training
How to apply
CAPE is at full capacity for the 2022 — 2023 IDA Program Year.
Anyone interested in being added to the wait list for future IDA opportunities at CAPE should contact Jason Rucker by phone or email.
Owner Occupied Rehab (OOR)
What can the OOR program do for you?
- Reduce monthly utility costs
- Improve energy efficiency in conjunction with the rehabilitation project
- Minimize ongoing maintenance for homeowners
- Preserve the housing unit
- Add to the quality of living
- Increase value of home
CDBG provided by the City of Evansville, IN
Rental Properties
- Assist households by providing affordable, apartment-style rental units
- Units available for families, disabled, and senior citizens
- Serve households with low to moderate incomes
- Several units retrofitted for disability / accessibility needs
Vanderburgh and Warrick Counties
Office
Jennifer Ladnier
Residential Property Manager
634 Judson St
Evansville, IN 47713
jladnier@capeevansville.org
(812) 492-3971
Gibson County
Office
Heather Kissel
Residential Property Manager
400 N Ford St
Princeton, IN 47670
hkissel@capeevansville.org
(812) 386-8200
Upstairs in Owensville
- Newly built!
- Two units on second level w/chair lifts
- ADA accessible
- 2 bedrooms & 2 bathrooms
- Above Head Start Facility
Container Homes
The Community Action Program of Evansville (CAPE) has launched a new affordable housing initiative using repurposed shipping containers, a concept gaining momentum across the country. These two-bedroom, one-bath homes offer quality living with features like energy-efficient appliances and quartz countertops. Gary Roan, CAPE’s CEO, notes that these homes could be scaled for larger families and present a sustainable, cost-effective solution to Evansville’s housing shortage. With land donations and community funding, these homes aim to address critical housing needs.
Read more about this initiative here.
Foreclosure Mitigation
In partnership with IHCDA and IFPN, we assist homeowners in jeopardy of foreclosure; provide individual counseling & work with lenders / mortgage companies for a positive outcome for all.
Housing Development Services
CAPE serves as a CHDO (Community Housing Development Organization) providing affordable housing for low to moderate income families in Vanderburgh, Gibson and Posey Counties.
Provide safe, decent affordable new construction homes for first time homebuyers
- Units available for families, disabled and Senior Citizens
- Serving households with low to moderate incomes
- Households seeking to purchase may also apply for possible Down Payment Assistance
Individual Development Account (IDA)
Objective
The IDA program assists people with limited means in achieving financial independence and self-sufficiency by providing them the skills to:
- Develop a budget and set goals
- Establish regular saving habits
- Invest in assets
History
In 1997, the Indiana Housing Community and Development Authority (IHCDA) created the IDA program as an innovative tool to help low-income Hoosiers:
- Build assets
- Attain self-sufficiency
- Learn personal financial skills
- Invest in improving their quality of life
Who is it for?
IDA programs are for low-to-moderate income individuals at or below 200% of the federal poverty line.
Individuals under 50% of the poverty line save at least 2x — 3x the rates of those between 150% — 200% of the poverty line.
The program covers all of Indiana’s 92 counties and is administered by over 30 local program administrators with Community Development Corporations (CDC).
What does it provide?
- Financial education
- Case Management
- Homeownership counseling
- Other goal-specific training
How does it work?
Financial education is important, significantly raising savings rates and providing program consistency.
Account holders save primarily through reducing other expenditures and secondarily through increasing income.
Most account holders can amass critical assets through IDAs.
IDAs have significant psychological and social effects, increasing:
- Future orientation
- Financial skills
- Sense of control
- Initiative-taking
- Civic and family participation.
Requirements
IDAs are matched savings accounts designed to encourage low-income families to save for the purchase of an asset.
Participants in the program are required to successfully complete financial education as well as training related to a specific asset purchase.
The program year is July 1st to June 30th.
The match rate is 3:1, where participants save $1,500 over three years and receive $4,500 in state match funds.
Eligible Assets
- Purchasing a home
- Paying for home repair
- Starting / expanding a small business
- Purchasing a vehicle
- Paying for education/job training
How to apply
CAPE is at full capacity for the 2022 — 2023 IDA Program Year.
Anyone interested in being added to the wait list for future IDA opportunities at CAPE should contact Jason Rucker by phone or email.
New Construction Home Ownership
- Provide safe, decent affordable new construction homes for first time home-buyers
- Units available for families, disabled and Senior Citizens
- Serving households with low to moderate incomes
- Households seeking to purchase may also apply for possible Down Payment Assistance
Owner-Occupied Rehab (OOR)
We are now taking applications for the Owner-Occupied Rehab program. The review process will begin May 26, 2025.
Application and all supporting documents should be turned in at the CAPE office to the attention of Toyia Robinson or Jason Rucker.
Please include copies of all your important documents with your application.
Once selected you will be notified so that we can begin the process of inspecting your home and getting the repairs done.
Please note: If documents are missing, your application will not be considered.
What can the OOR program do for you?
- Reduce monthly utility costs
- Improve energy efficiency in conjunction with the rehabilitation project
- Minimize ongoing maintenance for homeowners
- Preserve the housing unit
- Add to the quality of living
- Increase value of home
CDBG provided by the City of Evansville, IN
