IHCDA COVID-19 update: A message from Jake
The need for safe, affordable, and decent housing is essential for communities and their region to be successful. Developing new and preserving our existing housing stock must be part of every economic development and health care conversation.
Thriving communities and regions have a housing market with a spectrum of available price points for homeowners and renters that supports and encourages a diverse and constantly evolving economy. Their housing infrastructure attracts and retains entrepreneurs and young households while providing the support needed for our most vulnerable populations.
When a community and region have a healthy housing market, it provides maybe the most important attribute of our society: Choice. All of us should have the opportunity to choose where we want to live for our career, our family, education, faith, recreational activities, or for whatever reason that we identify is important to each of us.
A community-based nonprofit organization whose primary purpose is to develop affordable housing for the community it serves is critical to realizing a healthy housing market. That is why last Thursday, IHCDA awarded $50,000 to ten affordable housing nonprofit organizations across Indiana.
These ten organizations are certified by IHCDA under the HOME Investment Partnerships Program (HOME) as a Community Housing Development Organization (CHDO). CHDO’s are eligible to apply for HOME to finance the construction and/or rehabilitation of affordable housing for low and moderate-income residents.
During this pandemic, IHCDA was provided additional flexibility under the HOME program to ensure our CHDOs had the capacity and financial stability to continue with meeting their local housing needs to help prevent the spread of the virus. This flexibility allowed us to engage our partners to hear their thoughts and ideas on how we might prioritize our HOME investments. Led by our HOME Manager, Chris Nevels, we held a public hearing and conducted interviews with our partners as part of the Rural Road to Recovery Plan.
We notified our CHDOs they could apply for operating funds and below is a list of the ten CHDOs that received a $50,000 HOME Operating Award:
| Organization |
Counties Served |
| Affordable Housing and Community Development Corporation |
Grant |
| Blue River Services, Inc. |
Floyd, Clark, Harrison, Washington, Orange, and Scott |
| Four Rivers Resources Services |
Daviess, Greene, Jefferson, Martin, and Sullivan |
| Hamilton County Area Neighborhood Development, Inc. |
Hamilton, Madison, Tipton, Boone, and Northwest Hancock |
| Hoosier Uplands Economic Development Corporation |
Crawford, Lawrence, Martin, Orange, and Washington |
| Housing Opportunities, Inc. |
Lake, Porter, LaPorte, and Starke |
| La Casa, Inc. |
Elkhart |
| New Hope Development Services |
Clark, Floyd, Fayette, Harrison, Jackson, Jefferson, Jennings, Madison, Parke, Rush, Scott, Union, Vermillion, Bartholomew, Clay, Franklin, Dearborn, Ohio, Ripley, Switzerland, and Washington |
| Southern Indiana Housing & Community Development Corporation |
Bartholomew, Lawrence, Dearborn, Washington, Ripley, Rush, Scott, Decatur, Jackson, and Jennings |
| Whitley Crossings |
Whitley |
I want to thank these organizations for their continued partnership and support in meeting the housing needs of their communities and regions. As always, please continue to reach out to me, or any member of the IHCDA team, if we can be of any assistance to you and your organization. We are #INthistogether.
 J. Jacob Sipe
Executive Director
 
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