Posts by Tim Coxey
CareSource invests in INHP
November 1, 2021 – CareSource, a nationally recognized nonprofit health plan, has invested $2.5 million toward a new partnership with INHP. The goal of the new partnership is to bolster efforts to create homeownership opportunities for individuals and families experiencing disproportionate wealth and racial disparities in Marion County. “A main goal of ours is to…
Read MoreJoe Hanson speaks to FOX 59 about affordability challenge
On October 5, FOX 59 aired a special report on housing affordability challenges for Indianapolis residents. Joe Hanson, executive vice president of strategic initiatives, was fortunate to have a voice in the segment to explain some reasons why this is happening. He points to stagnant wage growth, the sharp rise in the median home sale…
Read MoreRequest for Information: Community Engagement Consultant
October 27, 2021 — INHP is seeking responses to a request for information (RFI) for a Community Engagement Consultant. Summary: INHP recognizes our target market — people with low and moderate incomes — has expanded significantly over the years. There are complex and multifaceted demographic groups within this audience, many of which have been affected…
Read MoreNovember education incentive
Hungry to save for a new place to live? Spend an hour or more this November filling up on good lessons in money management, credit scores, being a successful renter or buying a home. From October 20 to November 30, households that register and successfully complete an education class will be rewarded with a $20…
Read MoreINHP crosses two milestones with innovative programs
INHP recently crossed two milestones demonstrating our commitment to our people and place-based mission. 50 Affordable Homes On September 10, 2021, we were privileged to sell the 50th home we’ve developed since 2017. The buyer was INHP client Brandi – a single mom raising Jamison – who is thrilled to have a corner lot in…
Read MoreRequest for Qualifications: Property Management
September 14, 2021 — INHP is seeking responses to a request for qualifications (RFQ) for property management services to support the Bridge to Homeownership program. This program is part of the Enhancing Opportunities in Indianapolis initiative. View the RFQ here: INHP-Property-Management-RFQ.pdf Please direct any inquiries and responses to Jeff Hasser, project manager, strategic initiatives at…
Read MoreAffordable homes coming to Norwood neighborhood featured in Indianapolis Star
The Norwood neighborhood was highlighted in the Indianapolis Star on Wednesday, Sept. 8, 2021, as their residents work to achieve their housing goals for the area. In partnership with Southeast Neighborhood Development (SEND), a community development corporation, INHP will be investing in the construction of three affordable single-family homes. Executive Vice President Joe Hanson discusses…
Read MoreIndianapolis Business Journal details our growth as an affordable single-family housing developer
The Indianapolis Business Journal (IBJ) writes about our efforts to bring affordable single-family homes to the Indianapolis housing market and explains our latest $9 million New Markets Tax Credit award to build 40 homes. Read the full article: Tax credits in hand, INHP focuses on affordable single-family homes – Indianapolis Business Journal (ibj.com)
Read MoreINHP awarded second New Markets Tax Credit award worth $9 million to build more affordable homes
40 single-family homes planned to help address shortage in Marion County INDIANAPOLIS (March 26, 2021) – The Indianapolis Neighborhood Housing Partnership® (INHP) has received a $9 million federal New Markets Tax Credit (NMTC) allocation to build 40 single-family homes priced affordably for individuals and families earning low and moderate incomes in Marion County. The homes…
Read MoreINHP first recipient of Finance Justice Fund award
INHP has been selected as one of the first recipients of the national Opportunity Finance Network (OFN) new Finance Justice Fund. The fund, launched in 2020, is a socially responsible investment fund that aims to bring $1 billion in capital from corporate and philanthropic partners to individuals and communities in America most underestimated and underserved…
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