2021 Affordable Housing Implementation Plan

1.25.21

During the January FHLBank Indianapolis Board of Directors meeting, the directors approved the 2021 Affordable Housing Program (AHP) Implementation Plan, which is now posted on our website.

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Community Investment Spotlight: 2020 Community Mentors Workshops

12.18.20

In October, FHLBank Indianapolis partnered with two organizations to host virtual workshops focusing on two communities in Indiana and Michigan. These workshops helped stakeholders within the communities continue their work in attracting and developing housing and economic development opportunities.

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Bulletin 2014: 2020 Affordable Housing Program Implementation Plan Amendments

12.04.20

During the November 20 board meeting, the FHLBank Indianapolis Board of Directors approved amendments to the 2020 Affordable Housing Program (AHP) Implementation Plan, which is now posted on our website. Changes were made to the following sections: Minimum Eligibility Requirements, Competitive Affordable Housing Program (AHP) Scoring, Homeownership Opportunities Program, Definitions, Retention Agreements, AHP Agreements, and the Homeownership Opportunities Program. Changes made are described below.

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Bulletin 2013: 2021 Targeted Community Lending Plan Approved

12.04.20

On November 20, 2020, the Board of Directors for the Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) approved the 2021 Targeted Community Lending Plan. The plan includes information regarding market research about the district, descriptions of how FHLBank Indianapolis will meet the identified credit needs and market opportunities, stakeholder engagement requirements, identified affordable housing needs within the district, and quantitative community lending performance goals for 2021.

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FHLBank Indianapolis Awards $11.2M for 24 Affordable Housing Developments

11.20.20

The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) recently awarded $11.2 million in Affordable Housing Program (AHP) grants to support the acquisition, construction, or rehabilitation of properties for use as affordable homes. FHLBank Indianapolis awarded AHP grants of up to $500,000 to 24 affordable housing developments in Indiana and Michigan.

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In One Moment: FHLBank Indianapolis Partners with United Way of Central Indiana to Discuss Poverty in Central Indiana

9.10.20

In August, FHLBank Indianapolis partnered with United Way of Central Indiana to present a powerful, experiential opportunity for our employees through an interactive poverty simulation, discussion about gaps in social services, and ways that employees can help.

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Bulletin 2012: FHLBank Indianapolis Homeownership Initiatives Funds Exhausted: HOP/NIP/AMP

7.30.20

Funding for the 2020 Homeownership Initiatives Programs (HOP, NIP, and AMP) has been exhausted as of July 23, 2020.

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Bulletin 2011: Announcing the Opening of the Community Mentors Program

7.21.20

The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) is pleased to announce the opening of a new program offering: the Community Mentors Program. The Community Mentors Program is a community engagement and economic development leadership program, which includes a full-day workshop and accompanying implementation grant.

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FHLBank Indianapolis Awards More Than $500,000 in Small Business Grants

7.15.20

FHLBank Indianapolis recently announced that 21 Indiana and Michigan businesses were awarded the bank’s Elevate Small Business Grant. Now in its third year, Elevate was developed to strengthen our communities and encourage Indiana and Michigan small businesses to further develop their relationship with an FHLBank Indianapolis member financial institution.

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Bulletin 2010: Activation of Disaster Relief Program

6.26.20

On June 25, 2020, the FHLBank Indianapolis Board of Directors activated the Disaster Relief Program (“DRP”) with an allocation of $150,000 for DRP requests to aid homeowners affected by the significant flooding within the FHLBank Indianapolis district. Eligible homeowners may request up to $10,000 in DRP grant funds to make qualified repairs to their primary residence.

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Introducing Community Investment Outreach Partner - Anna Shires

6.25.20

We'd like to highlight and introduce one of our newest community investment staff members, Anna Shires, Detroit Community Investment Outreach Partner. Anna started at the bank in April, and we got the chance to to talk to her about her role as the Outreach Partner serving the Detroit area.

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FHLBank Indianapolis Celebrates a Virtual Ribbon Cutting with South Central Indiana Housing Partners

5.13.20

Switchyard Apartments was the recipient of a $500,000 Affordable Housing Program (AHP) grant in 2017 through FHLBank Indianapolis member MutualBank and in partnership with South Central Indiana Housing Opportunities, a nonprofit organization dedicated to expanding housing opportunities.

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2020 Affordable Housing Program Application Update

5.01.20

We are pleased to announce that the final applications for the 2020 AHP funding round are now available on the Applying for AHP page. They can be found on the right-hand side of the webpage under "AHP Tools - Applying for AHP." Be sure to download the appropriate application based on your project type - Rental or Homeowner.

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Bulletin 2008: Homeownership Initiatives Funding Release: HOP/NIP/AMP

4.20.20

The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) is pleased to announce funding availability for the Homeownership Initiatives programs, including the Homeownership Opportunities Program (HOP), the Neighborhood Impact Program (NIP), and the Accessibility Modifications Program (AMP). FHLBank Indianapolis will begin accepting disbursement requests through our new online portal, FHLBI.GIVES, on Tuesday, May 5, 2020.

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Bulletin 2007: FHLBank Indianapolis Opens 2020 Elevate Small Business Grant Program Funding Round

4.06.20

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Bulletin 2006: FHLBank Indianapolis Seeks Nominations for Affordable Housing Advisory Council and Publishes Annual Report

4.06.20

Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) is now accepting nominations for vacancies on the bank’s Affordable Housing Advisory Council (AHAC). To make a nomination, complete and return the nomination form. To be considered for seats on the Council that are expiring at the end of 2020, nominations must be received by September 30, 2020.

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Bulletin 2005: 2020 Community Investment Program Updates

3.23.20

We have included information in this bulletin regarding each of our programs and links to several documents that would have been provided at the workshops.

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Bulletin 2004: Affordable Housing Program (AHP) 2020 Funding Round Opens

3.13.20

The Federal Home Loan Bank of Indianapolis (FHLBI) announces the opening of the 2020 Affordable Housing Program (AHP) competition with approximately $11.2 million available.

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Bulletin 2003: 2020 Community Investment Workshops Cancelled

3.09.20

Out of an abundance of caution, FHLBank Indianapolis is limiting all non-essential in-person meetings through the end of March, and we will be cancelling this year’s 2020 Community Investment Workshops.

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Bulletin 2002: Affordable Housing Program Implementation Plan

2.13.20

During the January board meeting, the FHLBank Indianapolis Board of Directors approved the 2020 Affordable Housing Program (AHP) Implementation Plan, which is now posted on our website. Changes were made to the Competitive Affordable Housing Program (AHP), AHP Scoring, Homeownership Opportunities Program, Neighborhood Impact Program, and Accessibility Modification Program. Changes made to the programs are described below.

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Communities & Housing

Bulletins, Publications & Presentations

Bulletin 2101: 2021 Affordable Housing Program Implementation Plan
Bulletin 2014: 2020 Affordable Housing Program Implementation Plan Amendments
2021 Targeted Community Lending Plan
Bulletin 2013: 2021 Targeted Community Lending Plan
Bulletin 2012: Homeownership Initiatives Funds Exhausted
Bulletin 2011: Announcing the Community Mentors Program
Bulletin 2010: Activation of Disaster Relief Program
Bulletin 2009: AHP Technical Review Notice
Bulletin 2008: Homeownership Initiatives Funding Release: HOP/NIP/AMP
Bulletin 2007: Elevate Small Business Grant Program Funding Round Opens
Bulletin 2006: Nominations for 2020 AHAC are now Open
2019 AHAC Annual Report