Indianapolis Neighborhood Housing Partnership

  • Neighborhoods

Website
http://www.inhp.org

Primary Contact
Moira Carlstedt
President
Contact via email

Mission statement

The mission of the Indianapolis Neighborhood Housing Partnership (INHP) is to increase affordable and sustainable housing opportunities for individuals and families and serve as a catalyst for the development and revitalization of neighborhoods.

Actions

Actions are activities derived from the Plan 2020 planning process that a partner has committed to implement.

Indianapolis Neighborhood Housing Partnership is working on the following actions:

Neighborhoods

Strategy

Implement a planning and public policy strategy to identify locations and guide the development of new neighborhood nodes and villages.

Action

Provide families comprehensive homeownership preparation programs, including classes, mortgage advising, mortgage origination and post purchase advising, that lead to low- and moderate-income families closing on their first or second mortgage

Start Date:

January 1, 2016

Completion Date:

December 31, 2020

Progress

22%

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Status on February 7, 2017
The percent complete is approximate and assumes that there will be an average of 475 first or second loans originated, each year, between the start and completion date for this action step. There were 528 closed loans in 2016.
Neighborhoods

Strategy

Develop new local housing, retail, and mixed-use development financing mechanisms.

Action

Develop financing mechanisms that leverage capital from multiple sources to be invested in neighborhood based homeownership and community development initiatives and/or projects

Start Date:

July 2, 2016

Completion Date:

December 31, 2020

Progress

100%

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Status on November 7, 2016
Financing mechanisms have been developed and over $26M has been committed to homeownership and community development programs and initiatives through December 2020
Neighborhoods

Strategy

Implement an anchor institution housing strategy to revitalize neighborhoods.

Action

Deliver the Live Indy component – the housing and investment framework that blends institution master planning with neighborhood planning – of the Indy Chamber’s Anchor Institution strategy

Start Date:

July 1, 2016

Completion Date:

June 1, 2021

Progress

0%

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Status on February 7, 2017
INHP and the Indy Chamber established the partnership, funded the Live Indy program, identified participating anchors and begun implementation.
Neighborhoods

Strategy

Implement an anchor institution housing strategy to revitalize neighborhoods.

Action

Layer institution investment with public, private and philanthropic capital to incentivize employees of the institutions and other stakeholders to live in neighborhoods identified through the community planning process

Start Date:

July 1, 2016

Completion Date:

June 1, 2021

Progress

100%

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Status on February 6, 2017
Anchor Institutions in the Indy Chamber Live Indy program, implemented in partnership with INHP, will leverage their resources with INHP to incentivize employees and other stakeholders to live in the corresponding neighborhoods.
Neighborhoods

Strategy

Implement an anchor institution housing strategy to revitalize neighborhoods.

Action

Partner with the Indy Chamber to help identify anchor institutions and corresponding neighborhoods and help deliver on the Live Indy component of the Chamber’s Anchor Institution’s strategy

Start Date:

July 2, 2016

Completion Date:

December 31, 2020

Progress

100%

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Status on February 7, 2017
The Indy Chamber and INHP have developed the partnership, and have identified anchor institutions and neighborhoods to participate in the Live Indy program.