By partnering with community developers, non-profit organizations, and public agencies, FHLBank Indianapolis members can use our grants to build affordable housing, improve their neighborhoods, and reinvest in their communities.
Affordable Housing – Development & Rehabilitation Funding Opportunities
Healthy Homes Production Grant Program
The program takes a comprehensive approach to addressing multiple childhood diseases and injuries in the home by focusing on housing-related hazards in a coordinated fashion, rather than addressing a single hazard at a time.
HOME Investment Partnerships Program
Kent County Community Action partners with non-profit developers outside of the City of Grand Rapids to provide new homeownership opportunities through the construction of new properties and the rehabilitation of existing homes.
Missing Middle Housing Program
The Missing Middle Housing Program is a housing production program designed to address the general lack of attainable housing and housing challenges underscored by the COVID-19 pandemic by increasing the supply of housing stock. Support constructing or substantially...
Older Adults Home Modification Grant Program
The overall purpose of the Older Adult Home Modification Program (OAHMP) is to assist in undertaking comprehensive programs that make safety and functional home modifications repairs and renovations to meet the needs of low-income elderly homeowners.
Self-Help Homeownership Opportunity Program (SHOP)
SHOP Grant funds must be used for land acquisition, infrastructure improvements, and for reasonable and necessary planning and administration costs. The construction or rehabilitation costs of each SHOP unit must be funded with other leveraged public and private funds.
Supportive Housing for the Elderly Program
Capital Advance funding and project rental subsidies for the development and ongoing operation of supportive rental housing for very low-income persons, aged 62 years or older.
Veterans Housing Rehabilitation and Modification Program
Grants may be used to modify or rehabilitate eligible veterans’ primary residences or to provide grantees’ affiliates with technical, administrative, and training support in connection with those services.