AFFORDABLE REHABBED HOMES
For your clients who are interested in living in urban neighborhoods experiencing revitalization, INHP offers unique loan options for low- to moderate-income individuals who want rehabbed homes at an affordable price.
HOME VALUE GUARANTY
WHAT IS THE HOME VALUE GUARANTY PROGRAM?
Home Value Guaranty (HVG) is a program that incentivizes homebuyers to invest in designated areas within five Indianapolis neighborhoods. HVG is designed to create excitement and provide opportunity.
Homebuyers can purchase:
- A vacant or abandoned home that needs extensive repairs.
- A new or rehabbed home put on the market by a local community-based organization (CBO) or approved developer.
- An empty lot for building a home.
The program guarantees that after seven years, the home will appreciate 5 percent above the total cost to purchase and repair it.
The guaranty: If the home’s value doesn’t increase, INHP will reduce the homebuyer’s mortgage.
Click below to download the Home Value Guaranty program brochure.
WHO DO I CONTACT ABOUT PROPERTIES FOR SALE WITHIN EACH AREA?
*The trained real estate agent list is NOT exclusive; it is an always-growing list.