IHCDA RED Monthly June 2017

RED Monthly

My Voice Portal (MVP)


My Voice Portal (MVP)
We are committed to listening to you and empowering you – our partners. Please click here to use the MVP to submit comments on ways we can improve.

Important Dates

June 5 - HOME Application and Policy Released - Tentative

June 13 - Capacity Building 1.0 - Organizational Financing & Project Pipeline. Webinars will be held at 10:30 a.m. and 1:30 p.m. EST. To register please contact Joy Hudson at joy@hpgnetwork.com.  

June 28 - Capacity Building 2.0 - Staffing. Webinars will be held at 10:30 a.m. and 1:30 p.m. EST.  To register please contact Joy Hudson at joy@hpgnetwork.com.  

RED Notices

17:28: RED Regional Meetings

17:27: 2018-19 QAP First Draft

12:26: CDBG OOR Round open

17-25: 2018 Tax Credit General Set Aside - Moving Forward 3.0 & Lake County

17-24: QAP Drafts & Public Hearings

17-23: Clarifications to RED- 17-09

17-22: Availability of CDBG-DR1 Funding for Bond Deals

17-21: RED Compliance - RHTC Multi-Layer Training

17-20: RHTC Rent and Income Limits

17-19: CDBG-DR Substantial Amendment

17-18: RHTC Property Manager Training

17-17: Market Study Recertification

17-16: CDBG OOR Draft Policy

Click here to visit the RED Notices webpage.


CDBG OOR Round Open

IHCDA's 2017 Community Development Block Grant Occupied Rehabilitation (OOR) Final Policy and Application are now available on our CDBG webpage. Dates for the CDBG funding round may be found here. Please note this is an anticipated schedule and is subject to change.

Homeownership Month

Homeownership Month

On June 5, 2017 for the Celebrating Homeownership Month Event in the Indiana Statehouse. This event is to honor these organizations for their contributions in providing homeownership opportunities in Indiana.

Click here to register.

If your agency has a new staff member who wish to receive this newsletter, please e-mail communications@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.

MF 3.0

Moving Forward 3.0

Plans for Moving Forward 3.0 was announced recently. Once complete, this innovative program will help to create two energy efficient affordable housing developments with transportation solutions in Lake County. The goal is that at least one of these developments will be located in East Chicago.

CreatINg Places

Four More CreatINg Places Projects Launched

Four more crowdfunding campaigns have launched through IHCDA's CreatINg Places program. The Idle, A Point of View in Indianapolis, A-Town Arts  in Anderson, Lake Maxinkuckee Amitheater in Culver, and Spencer Park Upgrades in Demotte. The campaigns are offered through the crowdfunding platform developed by Patronicity. All six projects which have previously held campaigns through the CreatINg Places program have met or exceeded their funding goals.


Stellar Finalists Announced

Lt. Governor Suzanne Crouch announced last week the six communities who are the Division 1 and Division 2 finalists for the 2017 Stellar Communities Designation Program (SCDP):

Division 1 (population 6,000 - 50,000)
City of Greensburg (Decatur)
City of Madison (Jefferson)
City of Vincennes (Knox)

Division 2 (population 5,999 and below)
Town of Churubusco (Whitley)
Town of Culver (Marshall)
City of Union City (Randolph)


Blue Bell Lofts

Historic Blue Bell Lofts Grand Opening (Columbia City)
May 9, 2017

Commonwealth Companies held a grand opening for Historic Blue Bell Lofts in Columbia City. The project received Rental Housing Tax Credits from IHCDA to adaptively reuse the former Blue Bell factory into 52 one and two bedroom apartments for seniors.

Ribbon Cutting

Grand Opening for Eagledale Senior Apartments (Indianapolis)
May 17, 2017

TWG Development held a grand opening for Eagledale Senior Apartments in Indianapolis. The project received Rental Housing Tax Credits and a Development Fund loan from IHCDA to adaptively reuse Flackville School 100 into 65 units of senior housing.

Silver Birch of Hammond

The Silver Birch of Hammond Grand Opening (Hammond)
May 18, 2017

Gardant Management Solutions held a grand opening for Silver Birch of Hammond. The project received Rental Housing Tax Credits and Bond volume from IHCDA. The development is 125 units of new construction.


Grand Opening: Overlook at the Fairgrounds (Indianapolis)
May 19, 2017

BWI, LLC held a grand opening for Overlook at the Fairgrounds. The project received Rental Housing Tax Credits to repurpose a vacant, industrial building in Indianapolis. This mixed use development offers 49 one and two bedroom units.