State Farm Supports INHP Affordable Housing Programs with $35,000 Grant
As part of its commitment to supporting affordable housing for Hoosiers, State Farm has awarded $35,000 to Indianapolis Neighborhood Housing Partnership (INHP). The grant will provide INHP with philanthropic capital necessary to continue offering its wide range of affordable housing solutions – solutions for both consumers with low and moderate incomes and the neighborhoods in…
Read MoreOpportunities with INHP: Request for Proposals
June 21, 2024 – INHP is seeking responses to requests for proposals (RFP) for the following projects. Proposals and questions should be sent to Jeff Howe. NEW CONSTRUCTION OF SINGLE-FAMILY HOME – 2843 Washington Blvd. New construction single-family homeExecution of plans for the construction of a single-family home, at 2843 Washington Blvd. INHP desires construction…
Read MoreUnderwriting Explained
If you’ve ever lent something to a friend, whether it was a hundred dollars or your copy of Harry Potter and the Sorcerer’s Stone, you know there’s always the risk that you won’t get it back. It’s not very different for lenders. Before a bank or other financial institution decides to lend you money…
Read MoreINHP Moved on July 1, 2024
The latest Indianapolis resident to move into a new home is…us! On July 1, INHP integrated its offices and operations to one location – Brougher Plaza – to allow departments and staff to work together more effectively and enhance the customer experience for both clients and partners. The new address is 2960 N. Meridian St.,…
Read MoreThree ways INHP helps you buy a home in a competitive market
Have you heard there’s a shortage of affordable homes in Indianapolis? Many people have been feeling the lack of housing options, especially when in March 2024, the median sales price for a single-family home in central Indiana grew to $293,000 – a 6.5% jump since this time last year. The price increase may make it…
Read MoreIBJ puts Community Lift In Focus
Photo credit: IBJ The April 26, 2024, issue of the Indianapolis Business Journal (IBJ) features Tierra Sims, an INHP client who is one of the first to obtain our Community Lift mortgage. This feature article, “Giving a ‘Hand Up’: Special Purpose Credit Programs Gain Traction with Local Lenders,” may be found in the FOCUS: Banking…
Read MoreOpportunities with INHP: Arnold Place subcontractor bidding
April 19, 2024 – INHP and Onyx + East are holding subcontractor bidding information sessions for the 33-unit Arnold Place townhome development at 2444 Winthrop Ave. The townhomes will consist of market rate and affordable housing available to those earning up to 80% of the area median income. Learn more about the Arnold Place townhomes…
Read MoreHomeowner Development Fees Waived in April
Want another good reason to complete your INHP Homebuyer Assessment and join the Homebuyer Preparation Program ASAP? Here’s a great one – no fees in April! To celebrate National Financial Literacy Month in April, INHP is waiving our one-on-one homeownership advising fees. That means, you can meet free of charge with a HUD-certified homeownership advisor…
Read MoreOpportunities with INHP: Request for Proposals
April 9, 2024 – INHP is seeking responses to requests for proposals (RFPs) for the following projects. Proposals should be submitted to Jeff Howe. NEW CONSTRUCTION OF SINGLE-FAMILY HOME – 3852 N. AUDUBON New construction single-family homeExecution of plans for the construction of a single-family home, at 3852 N. Audubon St. Questions regarding the RFP…
Read MoreCommunity Lift mortgage loan program
New INHP special purpose credit program expands Indianapolis minority homeownership opportunities Community Lift offers ideal financing for historically underserved homebuyers The Indianapolis Neighborhood Housing Partnership (INHP) is proud to introduce a new, special purpose credit program called Community Lift to support minority borrowers and neighborhoods in Marion County. Community Lift is a mortgage loan that…
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