Eight nonprofit organizations to receive grant funding for affordable housing initiatives from INHP
$900,000 awarded across Marion County
INDIANAPOLIS – The Indianapolis Neighborhood Housing Partnership® (INHP) Board of Directors is pleased to announce seven grant awards to support the operating costs of eight Marion County organizations. With these resources, the recipients will continue to focus on affordable housing preservation and development, and collaborations that enhance the supply of affordable housing in Indianapolis. This year, $900,000 will be distributed through the program – called the Indianapolis Neighborhood Development Initiative (INDI) – to the following grantees:
- Greater Indy Habitat for Humanity
- Mapleton-Fall Creek Development Corporation
- Martindale-Brightwood Community Development Corporation
- Near Eastside Collaborative Partnership (Near East Area Renewal, Englewood Community Development Corporation, John Boner Neighborhood Centers)
- Partners in Housing
- Southeast Neighborhood Development
Additionally, an Innovation grant was awarded to the Near East Area Renewal for 2022. The award recognizes programs that have the greatest potential to impact the supply of affordable housing but need the opportunity to pilot its program to identify a clear path to take its innovation to scale. This year’s grant was awarded to Near East Area Renewal (NEAR) on behalf of the collective partners working to establish a city-wide Community Land Trust that will preserve single family homes in Indianapolis and ensure that low and moderate income families have access to affordable housing options in their neighborhoods for years to come.
“The INDI grant program provides core operating support for organizations in the affordable housing system in Indianapolis so they can continue to increase housing access and improve the quality of life for our neighborhoods’ residents,” said Moira Carlstedt, president and CEO of INHP. “It is thanks to the partnerships and collaboration of like-minded organizations that we can continue furthering our vision that every person has the opportunity to live in a safe, decent and affordable home in a vibrant neighborhood.”
INHP’s INDI award recipients were determined using the following criteria:
Community need: An affordable housing challenge will be addressed.
Impact: Substantive affordable housing production or preservation will be made.
Leverage: Applicants can attract other capital sources to support their housing activities.
Partnerships: The organization demonstrates a level of engagement in City initiatives and/or other partnerships that achieve neighborhood benefit.
Since 1999 and through the support of Lilly Endowment Inc., INHP has provided more than $27 million in Indianapolis Neighborhood Development Initiative grant funds to community-based organizations. This competitive application process was open to all nonprofit organizations creating or preserving affordable, sustainable housing opportunities in Marion County.