Archive for the 2018 Category

INHP reaches goal, funds 29 new affordable homes in three Indianapolis neighborhoods

INDIANAPOLIS (Sept. 18, 2018) – The Indianapolis Neighborhood Housing Partnership is fulfilling its goal of catalyzing change in Indianapolis neighborhoods. Earlier this year, the 30-year-old nonprofit brought Marion County a new way to fund single-family housing and neighborhood revitalization. Today, INHP has deployed more than $4.5 million to create 29 affordable homes in three Indianapolis neighborhoods, some of which haven’t experienced new home construction in decades. Seven of the new homes have been purchased already. With an average price tag of approximately $144,000, the homes address the shortage of affordable […]

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Buying a home? Three things to know before you seal the deal.

The process of buying a home can feel very overwhelming. From unfamiliar lending terms to sharing personal information, finding someone you trust to help you make such a significant purchase is important. Here are three things you can do to ensure you don’t get taken advantage of during your journey to homeownership:  Learn how to spot a scam. Predatory lending happens when the loan benefits the lender at the expense of the borrower. If the interest rate seems too good to be true, the lender is pressuring you to act […]

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Five things to look for when choosing a contractor

Choosing a contractor to make home repairs can be an overwhelming process. Ease your mind and be confident that you’re choosing the best person for the job by asking the following questions: Are they licensed, bonded and insured? A reputable contractor should be able to provide their credentials to you on the spot or within a reasonable timeframe. Your home is an investment and you don’t want to be held responsible if something goes wrong on the job. Are they in good standing with the Better Business Bureau? Check to make sure that […]

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Finding a home repair program doesn’t have to be overwhelming

Now is the time of year when your home may be showing its weaknesses. Perhaps your water heater didn’t make it through the winter, or your roof leaks every time it rains. If you need to make home repairs but have been putting them off due to budget concerns, INHP may be able to help ease the strain on your pocketbook. Whether you’ve lived in your home for years or you’re just getting started on your homeownership journey, finding affordable options for home repair doesn’t have to be an overwhelming […]

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INHP’s Presidents Day offer: Saving your Benjamins

Everywhere you look, it seems like there’s a Presidents Day sale promising to save you money, offering everything from cars to mattresses. But what if you don’t have a garage to pull that new car into, or a big enough bedroom to fit a King-sized mattress? Maybe it’s time to consider saving for a new home this Presidents Day. The good news is that INHP can help save you some Benjamins along the way. If you are ready to begin your homeownership journey but aren’t quite sure where to start, […]

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Make repairs without freezing your budget

Chilly winter temperatures may have caused you to notice now more than ever that it’s time for some much-needed home maintenance. Whether your heater gave out on the coldest day of the year, your roof has started to leak, or plumbing problems caught you by surprise, it’s important to address these problems so you can maintain a safe and habitable home every season. Instead of putting these repairs on ice, INHP may be able to help. We offer low interest and even zero interest loan options so you can spend […]

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INHP selects 10 nonprofits to receive funding for neighborhood revitalization initiatives

Nearly $1 million to be awarded across Marion County INDIANAPOLIS – The Indianapolis Neighborhood Housing Partnership® (INHP) board of directors is pleased to announce 10 Marion County neighborhood-serving organizations will be the recipient of grant funds which will be used toward affordable housing preservation and development, and collaborations that will continue to enhance housing in Indianapolis. The grant program – Indianapolis Neighborhood Development Initiative – will distribute a total of $900,000 to the following grantees: Greater Indianapolis Habitat for Humanity King Park Development Corporation Near Eastside Collaborative Partnership (Near East […]

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Indy Midtown Magazine features INHP affordable housing initiatives

In the latest issue of Indy Midtown Magazine, read coverage of INHP’s new, innovative programs, which will bring affordable housing opportunities to several Indianapolis’ neighborhoods in Midtown. Specifically, these programs will each impact areas within the Crown Hill neighborhood: Our New Markets Tax Credit program will deliver new or rehabilitate abandoned housing, in partnership with Near North Development Corporation. Rehab Match and Home Value Guaranty are brand new loan programs for people interested in rehabbing a vacant or abandoned home and living there. The Stabilization Repairs program offers current eligible […]

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