IHCDA RED Monthly February 2017

RED Monthly

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Important Dates

February 8 - CHDO Board 1.0 - CHDO Board Accountability, 10:00 a.m. or 1:30 p.m. EDT. To register please contact Joy Hudson at joy@hpgnetwork.com.   

February 15 - Davis Bacon Labor Standards,10:30 a.m. - Noon EDT. To register please contact Joy Hudson at joy@hpgnetwork.com.    

February 16 - Stellar Informational Workshop Webinar, 10:00 a.m. - 11:30 a.m. EST. Those interested in attending can register here.

March 7 -  CHDO Board 2.0 - CHDO Board Succession Planning, registration coming soon. 

March 14 - CHDO Board 3.0 - Board Financial Management and Managing Conflicts of Interest, registration coming soon.

March 16 - Bond Training, 9:30 a.m. - 4:30 p.m. EDT. To register please click here.

RED Notices

RED 17-04: 2016 Utility Allowances

RED 17-03: HOME February Webinar Courses

RED 17-02: IHCDA Response to Uncertainty in RHTC Equity Pricing

RED 17-01: 2017 HOME Webinar Courses

Photo of the Month


We were pleased to join hundreds of other Hoosiers on January 9th for an open house at the Indiana State House to congratulate Governor Eric Holcomb and Lt. Governor Suzanne Crouch.

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 Utility Allowances

IHCDA’s 2016 utility allowances are now available online. The new utility allowances have an effective date of January 31, 2017. Properties using these utility allowances must implement within 90 days of the effective date.

Note: A particular property may be eligible to use or required to use a different utility allowance source. Click here for more information.


RHTC Equity Pricing

IHCDA is aware that changes in the equity pricing market are impacting the financial feasibility of RHTC developments. In order to respond to this change in the market in a manner that serves our developer partners...more.

Stellar Logo

Stellar Informational Workshop

The 2017 Stellar Communities Designation Program (SCDP) 
Informational Webinar will be held on Thursday, February 16, 2017 from 10:00 am - 11:30 am (EST). This webinar is for anyone interested in learning more about key partners, program timelines, letter of interest submission packet requirements and key barriers to success. Attendees will also have the opportunity to ask questions of an assembled panel of state agency partners.

To view a full list of the 2017 Stellar dates or to read more about the program, please click here.


Institute Teams Announced

Teams from Columbus, Elkhart, Martinsville, Indianapolis and Plymouth will be participating in the 2017 Indiana Supportive Housing Institute.

Over the next six months, these teams will work closely with IHCDA and the Corporation for Supportive Housing (CSH)  through a series of targeted training and group exercises. They will also be provided technical assistance and presented with pre-development financing opportunities...more.

CreatINg Places

Two New CreatINg Places Campaigns Launched

Downtown South Bend has launched a crowdfunding campaign for a new monument dedicated to Dr. Martin Luther King Jr. and Father Theodore Hesburgh through our CreatINg Places program. The campaign is offered through the crowdfunding platform Patronicity...more.

The City of Greensburg has launched a campaign to have public art installed downtown. Their project, called Distinctive Place, was announced by IHCDA and Main Street Greensburg...more.