This monthly newsletter provides information and updates from the Real Estate Department (RED) at the Indiana Housing and Community Development Authority (IHCDA). If you have a specific interest or subject area that you would like to read more about please contact us.
RED 16-32: 2017 Tax Credit General Set-Aside - Moving
Forward 2.0
The Indiana Housing and Community Development Authority
(IHCDA) has released a Request for Qualifications (RFQ) for the Moving Forward 2.0 program. The RFQ is seeking
Community Action Agencies (CAAs) to apply on
or before July 8, 2016.
CAAs will work with subject matter experts to create both an
energy efficient affordable housing development equipped with transportation
options for residents and a comprehensive plan aimed to break the cycle of
generational poverty.
Click here to access the Request for Qualifications.
Please submit all comments and questions to the attention of
Alan Rakowski, Rental Housing Tax Credit Manager, at (317) 233-1220 or arakowski@ihcda.in.gov.
In 2015, IHCDA and Energy Systems Network
(ESN) launched a new, innovative program aimed at providing energy
efficient affordable housing and transportation. The program, called Moving Forward, is designed to
create housing that increases quality of life while decreasing the cost of
living for low to moderate income individuals and families.
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Beech Grove Station
Beech Grove Station celebrated its grand opening on April
29, 2016. Developed by Community Action of Greater Indianapolis, Inc. and the NRP Group, LLC, Beech Grove Station will
provide 60 units of affordable housing for seniors. The development is comprised of high quality,
cottage style apartments with attached garages, targeting seniors wanting to
maintain independence and mobility.
IHCDA invested $823,908 in Rental Housing Tax Credits and $400,000 in
HOME to help develop the property.
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Explore CDBG
As a community development professional who works on projects funded through the Community Development Block Grant Program (CDBG), you may have wondered how to use CDBG funds to:
- Create transformative impact in your community, improve the lives of all residents, and especially those with low and moderate income levels
- Develop strategies that bring partners and resources together, leveraging funds and building community assets
- Implement your program effectively, increasing the likelihood of successful projects
To help answer these questions, HUD has created Explore CDBG, a collection of online technical assistance products.
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Hoosier Housing Now
Take the time to read the Hoosier Housing Now blasts that are sent out by the Research and Innovation (R and I) team. These are very short articles that cover important issues and data points. If you haven’t seen the Hoosier Housing Now releases, all previous issues are archived here.
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Placemaking Updates
Placemaking is an ongoing, collaborative process that
fosters a greater sense of place within a community. It capitalizes on
the strengths of the built environment to create worthwhile places where people
of all ages and abilities can live, work and play.
If this sounds like something that’s taking place in your
community, please let us know! IHCDA wants to help spread the word about the
great placemaking that is happening in communities across Indiana. Email
Veronica Watson your contact information and a description of your placemaking
project at vwatson@ihcda.in.gov.
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