Posts Tagged ‘affordable housing’
INHP awarded $5.3 million by Lilly Endowment Inc.
Funds will support Indianapolis-based nonprofit’s operating costs to continue comprehensive strategies that promote housing choice and affordability INDIANAPOLIS (Feb. 18, 2020) – Lilly Endowment Inc. has made a $5.3 million grant to the Indianapolis Neighborhood Housing Partnership® (INHP). The resources will support INHP’s 2020 operations to execute the nonprofit’s two-part mission: Increase affordable and sustainable…
Read MoreJoe Hanson explains Crown Hill neighborhood investments
Joe Hanson, executive vice president, strategic initiatives, spoke with Indy Midtown Magazine to explain our role as a community development financial institution and how we are providing financing for affordable housing development in Crown Hill. We’ve partnered with Near North Development Corporation to develop single family homes, which is consistent with the neighborhood’s plans and…
Read MoreIndy Style interviews Rob Evans about affordable housing availability and how to prepare in a competitive market
Executive Vice President Rob Evans explained to Tracy Forner, co-host of WISH-TV’s Indy Style show, the affordable housing market in Marion County is very competitive. Recent data shows the number of homes actively listed to sell between $75,000-$140,000 have dropped nearly 80% since January 2014. Rob shares what buyers can expect and how to prepare…
Read MoreINHP’s 2018 Annual Report is out now
This time last year, clients such as Taryn and Carol started to take advantage of our new and innovative loan programs. We also were busy selling the 29 single-family homes we co-developed with community-based partners in three neighborhoods. These efforts and more are featured in INHP’s 2018 annual report. In our latest report, we share…
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