FHLBank Indianapolis celebrates opening of Marvetta & Anthony Grimes Family Center in city

last updated on Thursday, September 4, 2025 in Affordable Housing

On Sept. 4, FHLBank Indianapolis celebrated the grand opening of the Marvetta & Anthony Grimes Family Center. The 36-unit supportive housing project was developed by 2 Thirty-Eight Properties in collaboration with Seeds of Hope, a 501(c)3 non-profit organization and addiction recovery program, and the Volunteers of America of Ohio and Indiana. The project is poised to fill a key gap in the westside Indianapolis housing market.

The Marvetta & Anthony Grimes Center received an Affordable Housing Program award of $872,020 during the Bank’s 2024 funding round, marking a total $28.5 million in AHP grants for 57 projects secured through member financial institution Merchants Bank of Indiana since 2005.

Click here to read the Bank's full news release on the project.