Supporting community and housing initiatives
Since its creation in 1990, the Community Investments department of Federal Home Loan Bank Indianapolis has played a pivotal role in providing safe and affordable housing to residents in Indiana and Michigan. By partnering with community developers, non-profit organizations, and public agencies, FHLBank Indianapolis members can use our grants to build affordable housing, improve their neighborhoods, and reinvest in their communities.
For more information about the grants that we offer, please read the program summaries below or visit their page.
Each year FHLBank Indianapolis members partner with local not-for-profit housing providers, economic development partners, and housing developers to compete for Affordable Housing Program (AHP) grants of up to $600,000 per project. These housing grants have changed lives and communities across Indiana and Michigan.
In partnership with our members, FHLBank Indianapolis offers three grant programs designed to address the homeownership needs of families throughout the life cycle of homeownership: