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INHP leverages FHLBank Indianapolis match program to aid affordable housing initiatives

INDIANAPOLIS (Nov. 13, 2026) – The Indianapolis Neighborhood Housing Partnership is proud to announce it has been awarded more than $150,000 in grant dollars to apply toward affordable housing initiatives throughout Marion County, Indiana, by leveraging the Federal Home Loan Bank of Indianapolis’ (FHLBank Indianapolis) Community Multiplier – Member Match program and the generosity of First Internet Bank and Everwise Foundation.
 
Individual contributions from First Internet Bank and Everwise Foundation were matched by FHLBank Indianapolis, providing INHP an additional $93,750 in combined support to bolster its suite of consumer and community solutions, including its homebuyer preparation program, homebuyer education, consumer lending, community lending and affordable housing development efforts.
 
Additionally, as a FHLBank Indianapolis member, INHP took advantage of the match program to support the Indianapolis Community Land Trust (Indy CLT). With a $15,000 INHP investment, and a $60,000 matching grant, Indy CLT will use the total $75,000 award to continue providing affordable housing opportunity through its community land trust strategy.
 
Community Multiplier – Member Match is a matching grant program that is exclusively available through participating member financial institutions of the FHLBank Indianapolis. The program matches FHLBank Indianapolis grants of up to $60,000 with a minimum 25% commitment from the member financial institution to support certain priority affordable housing initiatives in Indiana and Michigan.
 


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This investment helps fuel INHP’s ability to achieve the goals outlined in its latest strategic plan (2027-2031). Throughout the next five years, INHP is poised to deliver 4,500 affordable housing solutions for Indianapolis and Marion County. This includes supporting the origination of 1,250 mortgage loans for families earning low and moderate incomes, and the development or preservation of 3,250 units of affordable housing supply.
 
About INHP

The Indianapolis Neighborhood Housing Partnership (INHP) creates affordable housing solutions for people with low and moderate incomes, and collaborates to enhance quality of life in Indianapolis neighborhoods. INHP supports people by providing homebuyer and financial education, one-on-one homeownership advising, home purchase and home repair lending, and housing stability programming for renters participating in economic mobility initiatives. As a Community Development Financial Institution (CDFI) INHP also supports the creation or preservation of affordable housing through investments in affordable housing development, land banking, community lending and grantmaking. For more information, visit INHP.org.

 

Federal Home Loan Bank of Indianapolis: Building Partnerships. Serving Communities.

FHLBank Indianapolis is a regional bank in the Federal Home Loan Bank System. FHLBanks are government-sponsored enterprises created by Congress to provide access to low-cost funding for their member financial institutions, with particular attention paid to providing solutions that support the housing and small business needs of members’ customers. FHLBanks are privately capitalized and funded, and they receive no Congressional appropriations. One of 11 independent regional cooperative banks across the U.S., FHLBank Indianapolis is owned by its Indiana and Michigan financial institution members, including commercial banks, credit unions, insurance companies, savings institutions and community development financial institutions. For more information about FHLBank Indianapolis, visit www.fhlbi.com and follow the Bank on LinkedIn, and Instagram and X at @FHLBankIndy. (Note: Content the Bank shares on its website and social media is not incorporated by reference into any of its filings with the SEC, unless and only to the extent that a Bank filing with the SEC expressly provides to the contrary.)

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