Habitat for Humanity of Greater Indianapolis

Investment

  • NMTC Amount: $1,194,559
  • Total Project Cost: $2,097,000

IMPACT

  • 18 construction jobs
  • Development of 15 new affordable homes.

Investor

Voices from the Community

The cost of providing affordable homeownership is increasing as is the gap between what individuals and families can afford and what is available. The more financial tools we have to help provide the stability of ownership, the better. NMTC are a valuable tool to help provide the funding structure needed for making an impact. They are strong leverage tools with other forms of financing as well.

-Jim Morris, Greater Indy Habitat for Humanity, Indianapolis, IN

Project Description

GREATER INDY HABITAT is using an $1.17M loan to develop 15 new homes in the Red Maple Grove neighborhood.

MAP

Address: 2922 Wade Street, Indianapolis, IN 46203

Census Tract: 18097357602

Other Indiana Projects

Construction of an expanded Center for Women & Children
A non-profit facility that provides long-term health care, memory care, skilled nursing care and physical and occupational therapy for vulnerable populations who have multiple diagnoses.
Construction of approximately 40 homes in 7 highly distressed neighborhoods in Marion County that have been identified as tipping point neighborhoods with a large number of vacant or abandoned homes
The Corporate College and Culinary Arts Training Center, a remarkable example of how resources from the CDFI Fund are put to use.