• Bulletin 2106: Homeownership Initiatives Funding Release: HOP/NIP/AMP

    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). Today, Monday, May 3, 2021, FHLBank Indianapolis will begin accepting disbursement requests through our online portal, FHLBI.GIVES.
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  • Partnership that Pays: The Community Dividend

    The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) has published the 2020 Affordable Housing Advisory Council (AHAC) Annual Report, which provides an overview of the 2020 Affordable Housing Program, Homeownership Initiatives, and Community and Economic Development programs.
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  • FHLBank Indianapolis Affordable Housing Program (AHP) 2021 Funding Round Open

    The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) announces the opening of the 2021 Affordable Housing Program (AHP) competition with approximately $7 million available. The Excel© pre-application file is now available at: Affordable Housing Program Applications Care should be taken to download the correct file for the type of proposed housing initiative: Rental or Home Owner. For details about the 2021 Affordable Housing Program, download and review the FHLBank Indianapolis 2021 Implementation Plan
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  • FHLBank Indianapolis Seeks Nominations for Affordable Housing Advisory Council

    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 2021, nominations must be received by July 30, 2021.
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  • FHLBank Indianapolis Opens 2021 Elevate Small Business Grant Program Funding Round

    The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) announced the opening of the 2021 Elevate Small Business Grant Program with $500,000 available. You can find program information, training tools, marketing materials, along with the application at www.fhlbi.com/elevate.
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  • 2021 Affordable Housing Implementation Plan

    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

    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

    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

    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

    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

    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

    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

    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

    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

    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

    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

    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

    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

    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

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Communities & Housing