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.
What is the Section 184 Loan Guarantee Program?
The Section 184 Indian Home Loan Guarantee Program is a home mortgage
specifically designed for American Indian and Alaska Native families, including those who live in Indiana. Section 184 loans
can be used, both on and off native lands, for new construction,
rehabilitation, purchase of an existing home, or refinance. You must be an
enrolled member of a federally recognized tribe to utilize this program. Click here for a list of qualified
lenders.
If you have questions or concerns, please
contact the Indiana Native American/Indian Affairs Commission (INAIAC) at info@inaiac.in.gov
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FEATURED PROJECT
Martin County Senior Citizens Housing
On July 13th, members of IHCDA
attended a groundbreaking ceremony for the Martin County Senior Citizens
Housing rehabilitation project. This project, funded in part using IHCDA HOME
funds, will result in the rehabilitation of 42 senior housing units across two
apartment complexes located in Loogootee. These units, originally
built in the late 1960s, will receive extensive repairs with a focus on energy
efficiency and livability improvements for tenants.
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CHDOs Sessions at the 2016 Indiana Housing Conference.
As part of the 2016
Indiana Housing Conference - to be held August 25-26, IHCDA will be
hosting a separate track targeted toward Community Housing Development
Organizations (CHDOs). The track will offer eight sessions covering
topics including CHDO regulations, assembling a rental or homebuyer project,
non-profit financial management, and a CHDO peer-to-peer panel. These
sessions are designed for current CHDO’s and any other organization which is
considering certifying as an IHCDA CHDO in future HOME rounds. To
encourage participation, we are offering scholarships to organizations to
attend the CHDO track. Scholarship information can be found on IHCDA’s CHDO webpage. If you
have any questions, please feel free to contact Sam Spergel (sspergel@ihcda.in.gov) or Aj Bytnar (abytnar@ihcda.in.gov ).
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CreatINg Places
IHCDA is excited to announce the
approval of $1,000,000 for placemaking projects. The program, CreatINg Places,
is a partnership between IHCDA and Patronicity. It combines donation
crowdfunding and matching grant dollars for the implementation of eligible place-based
projects aimed at increasing the overall quality of life in communities across
Indiana. Look for more details in the coming months about the program with an
anticipated launch in late September 2016. Contact the IHCDA Placemaking
Manager, Carmen Lethig, at clethig@ihcda.in.gov
for more information.
Placemaking Indiana
Are you still unsure about how
to define placemaking? Can you tell the difference between creative placemaking
and tactical placemaking? Are you curious about the placemaking projects that
Indiana’s communities are already implementing? Information on these topics and
more can be found on the Placemaking Indiana website. More resources will be added
soon, including a new Placemaking Indiana blog.
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