FHLBank Indianapolis awarded Moira Carlstedt, President and CEO of Indianapolis Neighborhood Housing Partnership® (INHP), with the 2019 Community Spirit Award. The Community Spirit Award honors individuals that show an outstanding dedication to affordable housing and community economic development.
“Through her work with INHP, Moira has shown that she is truly a champion for affordable housing and economic development in Indiana,” said MaryBeth Wott, Community Investment Officer at FHLBank Indianapolis. “She has empowered her team, built a robust network of collaboration through public and private partnerships, and impacted many families and neighborhoods throughout Indianapolis.”
As President and CEO of INHP, Carlstedt has dedicated her career to providing access to affordable housing to underserved communities. Her ability to lead, inspire, and teach members of the INHP team has elevated the quality of service that the organization provides. “Through Moira’s leadership, we’ve empowered people to become and remain homeowners while developing innovative mortgage products and investing in homeownership initiatives that serve the Indianapolis community,” said Morgan Hoover, Vice President of Philanthropy and Marketing at INHP. Products that INHP offers include the Anchor Housing program; Home Value Guaranty and Rehab Match loan programs; and the Mortgage Accelerator, a way for clients to own their home in as few as 20 years without the penalty of a high interest rate or large monthly payment. To date, INHP has supported more than 37,000 families in Indianapolis.
INHP under Carlstedt’s leadership has leveraged their FHLBank Indianapolis membership to secure financial security for underserved and underbanked populations. Through partnering with FHLBank Indianapolis, INHP has secured over $1,042,953 in grants through the bank’s Affordable Housing Program, Homeownership Opportunity Program, and Elevate small business grant.
As a result of their work, INHP has issued more than 3,200 homebuyer preparation certificates, closed 757 home purchases, and helped clients raise their credit scores by an average of 40 points.
Outside of her work with INHP, Carlstedt serves as a board member for a variety of organizations, including Citizens Energy Group, the Indianapolis Chamber of Commerce, the Greater Indianapolis Progress Committee, and the Indiana Latino Institute. She is a well-respected member of the Indianapolis business, philanthropic, and nonprofit community.
In recognition of the award, FHLBank Indianapolis will donate $2,500 to the nonprofit organization of Carlstedt’s choice.