Lilly Endowment awards $6.3M to Indy housing group

Back to TopCommentsE-mailPrintBookmark and Share

Lilly Endowment Inc. has awarded a $6.5 million grant to the Indianapolis Neighborhood Housing Partnership, which focuses on revitalizing neighborhoods and helping qualified residents purchase homes.

Since INHP’s founding in 1988, the Indianapolis-based endowment has granted more than $130 million to the not-for-profit group. The latest funds will go toward its core mission of increasing opportunities for individuals and clients to purchase housing.

“The need for homebuyer education, mortgage and financial advising and affordable lending programs is as important today as when INHP was founded,” said Moira Carlstedt, president of INHP.

The funding also will support local foreclosure prevention services, help residents create plans to improve their communities, and provide operating capital for up to 12 neighborhood-based community development organizations.  


Post a comment to this story

We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
You are legally responsible for what you post and your anonymity is not guaranteed.
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
thisissue1-092914.jpg 092914

Subscribe to IBJ