IHCDA COVID-19 update: A message from Jake

From Jake's Desk

IHCDA COVID-19 update: A message from Jake

The IHCDA Board of Directors met yesterday and approved the allocation of $3.4 million in Emergency Solutions Grant (ESG) CARES Act funding to a variety of local agencies across Indiana. This will allow these organizations to help households impacted by the COVID-19 pandemic stay in their homes by providing rental assistance and other services designed to improve housing stability. I would like to take a moment and thank these organizations for their continued partnership and support in serving our most vulnerable Hoosiers.

Earlier this week, we also released the first draft of the 2022 – 2023 Qualified Allocation Plan (QAP). The QAP outlines the role of IHCDA in administering the Rental Housing Financing programs in Indiana along with the housing goals based on perceived needs throughout the state.

We are holding a virtual public hearing next Friday, February 5th at 10:00 am Eastern. Public comments on the first draft of the QAP can also be sent to: Alan Rakowski, Director of Real Estate Allocation, at arakowski@ihcda.in.gov.

I would like to thank Alan, along with our Deputy Executive Director and Chief Real Estate Development Officer Matt Rayburn, and our entire Real Estate Department (RED) for their work on this plan and everything they are doing to encourage and support rental housing production in our state.

Speaking of Matt, I would like to congratulate him on recently being named as the Housing Credit Certified Professional (HCCP) Designee of the Year by the National Association of Home Builders (NAHB). Matt has dedicated the last 13 years to IHCDA and the State of Indiana and we are very grateful to have him as a key member of our team.

Our entire team remains available to provide support and assistance to you and your organization. Please do not hesitate to reach out to us at any time. We are #INthistogether.


J. Jacob Sipe
Executive Director

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