INHP secures more than $12M for affordable housing efforts in Indianapolis
Most of that funding—$10.8 million—comes to the Indianapolis Neighborhood Housing Partnership in the form of loans from five Indiana-based banks.
Read MoreMost of that funding—$10.8 million—comes to the Indianapolis Neighborhood Housing Partnership in the form of loans from five Indiana-based banks.
Read MoreArnold Place, a $13.2 million complex of 33 town houses, is being developed by the Indianapolis Neighborhood Housing Partnership.
Read MoreSeveral Indianapolis neighborhood groups are taking issue with the city’s plan to spend up to $26 million in tax revenue earmarked for neighborhood redevelopment to acquire the new family center.
Moira Carlstedt, president and CEO of the Indianapolis Neighborhood Housing Partnership for nearly a quarter-century, plans to leave her position later this year, the organization announced Tuesday.
The organization has for decades helped families secure mortgages and generally works with neighborhood development groups on a litany of development projects. It has been focused of late on transit-oriented multifamily developments near IndyGo’s Red Line. But single-family units are a newer focus.
Lilly Endowment Inc. is continuing its decades-long support of the Indianapolis Neighborhood Housing Partnership, awarding the not-for-profit a $6.3 million grant to help low- and middle-income families become homeowners.
A study by the Federal Reserve Bank of Chicago finds a strong correlation between pre-mortgage credit counseling and loan
performance after
comparing Indianapolis Neighborhood Housing Partnership clients with other low-income Marion County borrowers.