INHP selects 10 nonprofits to receive funding for neighborhood revitalization initiatives
Nearly $1 million to be awarded across Marion County
INDIANAPOLIS – 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 – will distribute a total of $900,000 to the following grantees:
- Greater Indianapolis Habitat for Humanity
- King Park Development Corporation
- Near Eastside Collaborative Partnership (Near East Area Renewal, Englewood Community Development Corporation, John H. Boner Center)
- Near North Development Corporation
- Renew Indianapolis
- Riley Area Development Corporation
- Southeast Neighborhood Development
- Westside Community Development Corporation
“INHP and our board is confident in these organizations’ abilities to use this resource to create the lasting change their communities want and need,” said Moira Carlstedt, president and CEO of INHP. “It will spur a positive ripple effect for years to come.”
The criteria used to determine grant awards were categorized by four factors: Community need, impact, leverage and partnerships.
Community need: The organization clearly identifies neighborhood demographics, challenges and opportunities..
Impact: The organization clearly defines the amount of affordable housing production..
Leverage: The organization demonstrates how this funding coordinates with other capital sources.
Partnerships: The organization is actively engaged in City initiatives and/or other clearly defined partnerships that achieve neighborhood benefit..
Since 1999 and through the support of Lilly Endowment Inc., INHP has provided more than $23.5 million in Indianapolis Neighborhood Development Initiative grant funds to community based organizations. This competitive application process was open to all Marion County nonprofit organizations creating or preserving affordable, sustainable housing opportunities.
The Indianapolis Neighborhood Housing Partnership (INHP) increases affordable and sustainable housing opportunities for individuals and families in Marion County, and serves as a catalyst for neighborhood revitalization. INHP enables families to become and remain long-term, successful homeowners through homebuyer education, mortgage and credit advising and lending services. INHP also provides thought leadership, technical assistance, financial support and programming to community partners dedicated to neighborhood revitalization. For more information, visit INHP.org.