Section 3
OPPORTUNITY FOR LOW-INCOME BUILDERS INHP welcomes low-income trade workers and builders in the homebuilding industry for its contracts. If this is you, inquire with our housing development team about our next project. WHAT DEFINES A LOW-INCOME BUILDER? QUALIFICATIONS FOR SECTION 3 WORKERS OR BUSINESS CONCERN* Income for the previous calendar year is below 80% of…
Read MoreWilliam Penn Commons
WILLIAM PENN COMMONS Submit a pre-application to live at William Penn Commons, an affordable apartment community on Indianapolis’ west side. LIVING AT WILLIAM PENN COMMONS WIlliam Penn Commons offers 39 affordable apartments units for older adults. INHP owns the building, West Indianapolis Development Corporation serves as its property management company, and both are committed to…
Read MoreTransit-Oriented Development
TRANSIT-ORIENTED DEVELOPMENT (TOD) INHP acquires and preserves property along frequent transit lines so developers can prepare optimal site plans yielding affordable housing. BUILDING CONNECTIONS INHP leverages the resources and expertise of the City, philanthropy, financial institutions and developers to maximize affordable housing production near transit and create choice, connectivity and economic mobility opportunities for residents.…
Read MoreCommunity Lending
COMMUNITY LENDING As a certified Community Development Financial Institution (CDFI), INHP can responsively lend to support affordable housing and homeownership strategies throughout Marion County. FINANCING OPTIONS ACQUISITION CONSTRUCTION WORKING/BRIDGE CAPITAL ACQUISITION INHP provides financing to nonprofit borrowers to acquire, aggregate and hold sites to allow time for optimal strategic development. FEATURED PROPERTY – ARTIST COLONY…
Read MoreGrantmaking
COMMUNITY GRANTS INHP grants funds to nonprofits working in the affordable housing system. GRANT OPPORTUNITIES INHP is trusted to strategically deploy designated grant funds into our community because of our partnership culture. We have several grant opportunities that your nonprofit organization may be able to take advantage of. See below for an overview of each…
Read MoreAffordable Housing Development
AFFORDABLE HOUSING DEVELOPMENT INHP develops and rehabilitates homes, and prices them affordably for qualified buyers. We catalyze development in a number of ways to achieve a shared vision of increasing the supply of affordable single-family homes in Marion County. DETERMINING NEED By gathering community data and sharing research, we can help identify a need. ENGAGING…
Read MoreCommunity Tools
COMMUNITY TOOLSINHP provides tailored solutions for builder partners, community developers and government agencies working to supply affordable homes throughout Marion County. AVAILABLE RESOURCES COMMUNITY LENDING As a certified Community Development Financial Institution (CDFI), INHP can responsively lend to support affordable housing and homeownership strategies throughout Marion County. LEARN MORE AFFORDABLE HOUSING DEVELOPMENT INHP develops and…
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