Important Dates

September 8:  RED Compliance Training "RHTC with Multi-Layer Funding" will be held at Brookhaven, County Line, 940 Wild Indigo Lane Indianapolis, IN 46227. 8:00 AM to 4:30 PM EST Click here to register.

September 10: Last day to submit Compliance Form #46.

November 7: 2016 Rental Housing Tax Credit (RHTC) applications due.

November 10-11: HOME Ongoing Compliance Training will be held at
Time Corners Crossing Apartments, 5527 Lois Lane
Fort Wayne, IN 46804
8:30 AM-4:30 PM EST Registration begins at 8:00 A.M. EST Click here to register.

RED Notices

RED 16-40: 2016 Compliance Trainings

RED 16-41: Real Estate Production Regional Meetings and Survey

RED 16-42: National Housing Trust Fund Allocation Plan Public Hearing

RED 16-43: National Housing Trust Fund Allocation Plan Public Hearing

RED 16-44: RED Compliance Training for August, September, and November

RED 16-45: Moving Forward 2.0 Respondents & Presentation Date

RED 16-46:  Changes to 2016 HOME Application Form

RED 16-47:  Moving Forward 2.0 Program Selected Teams

September is Archaeology Month

September is Archaeology Month in Indiana. The DNR Division of Historic Preservation & Archaeology (DHPA) coordinates this event. Indiana Archaeology Month 2016 has been declared an official Indiana Bicentennial Legacy Project. Archaeology Month allows Hoosiers to learn more about the discipline of archaeology, the archaeological sites in our state, and the laws which protect these sites. A goal of this month is to increase public awareness and to minimize the myths and misconceptions commonly associated with the discipline. Join the fun! Click here for more information.

If your agency has a new staff member who wish to receive this newsletter, please e-mail Leesa Norton, Real Estate Development Coordinator at lnorton@ihcda.in.gov  

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.

2016 Federal Program Income and Rent Limits

Per the requirements of the 2013 HOME Final Rule, IHCDA must annually approve the rents to be charged at each HOME-assisted rental development. Therefore, all properties with IHCDA HOME-assisted rental units must complete the HOME Rent Update Form (Compliance Form #46) originally due July 1, 2016. If a form has not been submitted already for a HOME-assisted property, please submit this form by September 10, 2016 to avoid being out of compliance with HOME regulations. The original notice and form can be found within RED 16-35. If there are any questions, please contact a Regional Compliance Auditor today!

Indiana Housing Conference Awards At the Indiana Housing Conference awards luncheon last week we awarded four Indiana properties with Excellence in Affordable Housing Awards. Presented to the most outstanding properties in four categories, these awards celebrate the best in Indiana affordable housing development...more.

Moving Forward 2.0 Recipients Announced The two participants in the the Moving Forward 2.0 program have been announced. The Area IV Agency on Aging and Community Action Programs and Community Action of Greater Indianapolis (CAGI), which are both Community Action Agencies (CAAs) in Indiana, will work with developers to create affordable, energy efficient affordable housing along with transportation options...more.

IHCDA awards $4.6 million for OOR projects

Last week the IHCDA Board of Directors approved combined awards of more than $4.6 million to 20 Indiana municipalities for the development and implementation of Community Development Block Grants (CDBG) Owner Occupied Rehabilitation (OOR) projects...more.

McKinley School Apartments Crestline Communities, The City of Logansport, IHCDA, and tenants of McKinley School Apartments in Logansport gather to celebrate the 30th anniversary of the Low Income Housing Tax Credit Program (LIHTC) on August 11th.  McKinley School Apartments is a redevelopment of an old school building with 8 units being built within the current structure. An additional 30 units of new construction were added to the development. All 38 units are one and two bedroom apartments for residents aged 55 and older.

High School Heights Apartments Community Action Program of Western Indiana's (CAPWI) HOME project, High School Heights Apartments in Fowler, Indiana. Phase I development is underway for senior housing.

Redbud Village Apartments IHCDA celebrates the 30th anniversary of the Rental Housing Tax Credit (RHTC) program during a celebration event at Redbud Village Apartments, a 48 unit RHTC development in Huntington.