Community Programs

FHLBank Indianapolis is proud to offer a variety of grant opportunities for affordable housing and economic development initiatives—and we've been doing it since 1990! In just the last 10 years, our Community Investment team has provided nearly $400 million in funding across our grant programs to support affordable housing and economic development initiatives throughout the district.

We've funded the construction of nearly 300 affordable housing projects, totaling more than 11,000 units. Through our homeownership programs, we've helped more than 2,500 households become first-time homeowners and funded modifications and repairs on over 5,000 homes. And our Elevate Small Business Program has supported the growth and development of 65 local businesses.

Community Empowerment

Through our members, the Bank recognizes the need to not just partner with but also champion local leaders and the impact they have on their communities. That's why the Bank created two programs that seek to empower community leaders by strengthening and leveraging local knowledge and resources and by celebrating the difference these individuals make every day in their communities.

Community Catalyst Training Program

The Community Catalyst Training program is a two-part virtual training series that allows member institutions to learn from their peers across Indiana and Michigan on key strategies for successful participation in FHLBank Indianapolis' grant programs to increase affordable housing opportunities in their communities.

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Community Spirit Award

The Community Spirit Award recognizes an outstanding individual with a demonstrated commitment to improving their community. Community Spirit Award winners are strong advocates for affordable housing and economic development who work to foster diverse, equitable and inclusive communities. Alongside the recognition, FHLBank Indianapolis will make a donation in the recipient's honor to a nonprofit organization or charity of their choice.

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