Posts by Tim Coxey
INHP crosses two milestones with innovative programs
INHP recently crossed two milestones demonstrating our commitment to our people and place-based mission. 50 Affordable Homes On September 10, 2021, we were privileged to sell the 50th home we’ve developed since 2017. The buyer was INHP client Brandi – a single mom raising Jamison – who is thrilled to have a corner lot in…
Read MoreRequest for Qualifications: Property Management
September 14, 2021 — INHP is seeking responses to a request for qualifications (RFQ) for property management services to support the Bridge to Homeownership program. This program is part of the Enhancing Opportunities in Indianapolis initiative. View the RFQ here: INHP-Property-Management-RFQ.pdf Please direct any inquiries and responses to Jeff Hasser, project manager, strategic initiatives at…
Read MoreAffordable homes coming to Norwood neighborhood featured in Indianapolis Star
The Norwood neighborhood was highlighted in the Indianapolis Star on Wednesday, Sept. 8, 2021, as their residents work to achieve their housing goals for the area. In partnership with Southeast Neighborhood Development (SEND), a community development corporation, INHP will be investing in the construction of three affordable single-family homes. Executive Vice President Joe Hanson discusses…
Read MoreIndianapolis Business Journal details our growth as an affordable single-family housing developer
The Indianapolis Business Journal (IBJ) writes about our efforts to bring affordable single-family homes to the Indianapolis housing market and explains our latest $9 million New Markets Tax Credit award to build 40 homes. Read the full article: Tax credits in hand, INHP focuses on affordable single-family homes – Indianapolis Business Journal (ibj.com)
Read MoreINHP awarded second New Markets Tax Credit award worth $9 million to build more affordable homes
40 single-family homes planned to help address shortage in Marion County INDIANAPOLIS (March 26, 2021) – The Indianapolis Neighborhood Housing Partnership® (INHP) has received a $9 million federal New Markets Tax Credit (NMTC) allocation to build 40 single-family homes priced affordably for individuals and families earning low and moderate incomes in Marion County. The homes…
Read MoreINHP first recipient of Finance Justice Fund award
INHP has been selected as one of the first recipients of the national Opportunity Finance Network (OFN) new Finance Justice Fund. The fund, launched in 2020, is a socially responsible investment fund that aims to bring $1 billion in capital from corporate and philanthropic partners to individuals and communities in America most underestimated and underserved…
Read MoreIndianapolis Neighborhood Housing Partnership awarded $5.3 million by Lilly Endowment
Funds will support Indianapolis-based nonprofit’s operating costs to continue comprehensive strategies that promote housing choice and affordability INDIANAPOLIS (Feb. 16, 2021) – Lilly Endowment Inc. has made a $5.3 million grant to the Indianapolis Neighborhood Housing Partnership® (INHP), which will be used to support INHP’s 2021 operations to execute the nonprofit’s two-part mission: Increase affordable…
Read MoreINHP selects eight grantees to receive funding for neighborhood revitalization initiatives
Nearly $900,000 to be awarded across Marion County INDIANAPOLIS – The Indianapolis Neighborhood Housing Partnership® (INHP) Board of Directors is pleased to announce eight grant awards to support the operating costs of Marion County neighborhood-serving organizations. With these resources, the recipients will continue to focus on affordable housing preservation and development, and collaborations that will…
Read MoreNew research: Housing and the coronavirus
At INHP, one critical goal is to keep the families we serve, and our partner organizations informed. To continue addressing the ever-increasing impacts of COVID-19, in April 2020 INHP commissioned research into the effects that the pandemic could have on the affordable housing system, and the potential scope of evictions and foreclosures, in Marion County.…
Read MoreINHP launches Market Expander program
Innovative loan supported by the City of Indianapolis helps homebuyers with low incomes increase their purchasing power INDIANAPOLIS (Aug. 6, 2020) – The Indianapolis Neighborhood Housing Partnership® (INHP) continues to provide innovative home mortgage financing for families with low and moderate incomes with the launch of its newest loan program, the Market Expander. The program,…
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