Archive for the 2019 Category

INHP launches Equitable Transit-Oriented Development loan fund

$15 million fund to be used to preserve or cause the development of affordable housing along mass transit lines INDIANAPOLIS – The Indianapolis Neighborhood Housing Partnership® (INHP), in collaboration with Cinnaire, has launched the city’s first Equitable Transit-Oriented Development (ETOD) loan fund that will be used to preserve affordable housing or spur development near Indianapolis transit lines. The $15 million fund will be comprised of $12 million in lending capital and $3 million in equity. Four local financial institutions have already committed $5 million as lines of credit, and the […]

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INHP welcomes new board members

INDIANAPOLIS – The Indianapolis Neighborhood Housing Partnership® (INHP) is pleased to announce additions to its board leadership in 2019. INHP added four members to its board leadership in 2019. INHP’s board of directors is comprised of eight mayoral appointees, five United Way of Central Indiana appointees, eight contributing members and three at-large community members. Board additions for 2019 include: United Way appointee – Paul Okeson, Vice President of Business Development, Garmong Construction Contributor – Bill Bower, market president, First Financial Bank Contributor – Lacy DuBose, vice president agency sales, North […]

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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 (Jan. 9, 2019) – 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 (INDI) – will distribute a total of $900,000 to the following grantees: Near North Development Corporation Southeast Neighborhood Development Near Eastside Collaborative Partnership […]

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