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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Community Spirit Award Nominations Open

1.15.20

The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) has opened the nomination process for its annual Community Spirit Award (CSA). The award honors individuals in Michigan and Indiana who demonstrate outstanding dedication to affordable housing and community economic development in the communities they serve.

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2020 Targeted Community Lending Plan Approved

12.03.19

On November 15, 2019, the Board of Directors for the Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) approved the 2020 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 performance goals for 2020.

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FHLBank Indianapolis Announces Results of 2019 Affordable Housing Advisory Council Elections

11.27.19

The Affordable Housing Advisory Council (AHAC) of the Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) announces the election of Tony Lentych as Chair and George Guy as Vice Chair effective January 1, 2020. Lentych is Executive Director of the Traverse City Housing Commission in Traverse City, MI, and Guy is the CEO and Executive Director of the Fort Wayne Housing Authority. The FHLBank Indianapolis Board of Directors also elected Connie Bohatch, Managing Director of Community Services at the City of Grand Rapids, to the AHAC.

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FHLBank Indianapolis Awards $14.9M for 35 Affordable Housing Developments

11.19.19

The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) recently awarded $14.9 million in Affordable Housing Program (AHP) grants to support the acquisition, construction, or rehabilitation of properties for use as affordable homes. During 2019, FHLBank Indianapolis considered 58 applications. FHLBank Indianapolis awarded AHP grants of up to $500,000 each to 35 affordable housing developments.

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FHLBANK INDIANAPOLIS AWARDS MORE THAN $375,000 IN SMALL BUSINESS GRANTS

8.28.19

FHLBank Indianapolis recently announced that 17 Indiana and Michigan businesses were awarded the bank’s Elevate Small Business Grant. Now in its second 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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Homeownership Initiatives Update

7.26.19

Funding for the 2019 Homeownership Initiatives Programs (HOP, NIP, and AMP) has been exhausted.

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Reminder: FHLBank Indianapolis Seeks Nominations for Affordable Housing Advisory Council

7.02.19

Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) is accepting nominations for vacancies on its Affordable Housing Advisory Council. Interested parties should complete a nomination form.

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AHP-Funded Bottle Works Lofts Celebrates Grand Opening

6.05.19

Bottle Works Lofts, a new affordable housing development in Fort Wayne, Indiana, recently celebrated the completion of its main building with a ribbon cutting ceremony that included the Mayor of Fort Wayne, Tom Henry; the developers of the project, Miller Valentine; and other community partners.

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2019 Pre-Application Deadline is June 14 for Competitive AHP Program

5.16.19

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Homeownership Initiatives 2019 Funding Round

4.24.19

The Federal Home Loan Bank of Indianapolis is pleased to announce funding availability for the Homeownership Initiative Programs, including the Homeownership Opportunities Program (HOP), the Neighborhood Impact Program (NIP) and the Accessibility Modifications Program (AMP).

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FHLBank Indianapolis Affordable Housing Program (AHP) 2019 Funding Round Opens

4.17.19

The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) 2019 Affordable Housing Program (AHP) competitive application process has opened with approximately $15.2 million available.

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Michigan Banker David Watkins Receives 2019 Community Spirit Award from FHLBank Indianapolis

3.26.19

The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) awarded David Watkins, Community Development Manager at Level One Bank, with the 2019 Community Spirit Award. The Community Spirit Award honors individuals that show an outstanding dedication to affordable housing and community economic development.

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FHLBank Indianapolis Seeks Nominations for Affordable Housing Advisory Council

3.05.19

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 2019, nominations must be received by September 30, 2019. We will have one vacant Michigan seat at the end of 2019 and are accepting nominations for individuals from both Michigan and Indiana.

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2019 Affordable Housing Program Implementation Plan

2.15.19

At their January 24, 2019 meeting, the FHLBank Indianapolis Board of Directors approved the 2019 Affordable Housing Program (AHP) Implementation Plan. The current 2019 AHP Implementation Plan is now posted on our website.

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2019 Community Investment and Affordable Housing Workshops - Registration is now open!

1.31.19

During these one-day workshops, you will learn about updates to the Affordable Housing Program, Homeownership Initiatives, and the community and economic development programs FHLBank Indianapolis will offer in 2019. There will be ample time provided to review program changes and ask any questions you may have.

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2019 Community Spirit Award Nominations are Open

1.17.19

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Home / Products & Services / Communities and Housing / Latest Updates

Communities & Housing

Bulletins, Publications & Presentations

Bulletin 2005: 2020 Community Investment Program Updates
Bulletin 2004: 2020 Affordable Housing Program Opens
Bulletin 2003: 2020 Community Investment Workshops Cancelled
Bulletin 2002: 2020 Implementation Plan
Bulletin 2001: Community Spirit Award Nominations Open
Bulletin 1909: 2020 Targeted Community Lending Plan Approved
Bulletin 1908: FHLBank Indianapolis Announces AHAC Election Results
Bulletin 1907: Homeownership Initiatives Funds Exhausted
Bulletin 1906: Reminder Regarding AHAC Nominations
Bulletin 1905: Homeownership Initiatives 2019 Funding Release
2019 Community Investment Workshop Powerpoint: Review of the program changes and updates for Community Investment programs

2018 Affordable Housing Advisory Council Annual Report