Neighborhood Impact Program (NIP)

The NIP grant assists qualified homeowners with needed home repairs.

The Neighborhood Impact Program (NIP) is a grant to assist qualified homeowners with deferred maintenance repairs.

Funds can only be accessed by participating FHLBank Indianapolis member financial institutions.


For homeowners

Are you a homeowner looking for assistance in using NIP? Homeowners must apply through one of our participating member institutions. Find a participating FHLBank Indianapolis member by clinking this link:

Coming Soon!

Getting Started with NIP

  • How do FHLBank Indianapolis Members access NIP funds?

    Member financial institutions must submit a Homeownership Initiatives Master Agreement and a Homeownership Initiatives Registration-Certification form found below.  Annually funds are disbursed on a first-come, first-serve basis.

    See the 2023 NIP Guidelines for more details.

    2023 Homeownership Initiatives Master Agreement and Registration 

    FHLBI.GIVES User Registration Form

    FHLBI.GIVES User Guide

  • How do homeowners qualify for and access NIP funds?

    To qualify for NIP, you must:

    • Have total household income at or below 80% of Area Median Income.
    • Have owned and occupied the home at least six months prior to enrollment.
    • Own a single-family home, condominium or modular unit (duplexes with certain restrictions).
    • Be paid as agreed on any existing mortgage or property tax obligation.

    To access NIP funds:

    • Homeowners must work through one of our participating FHLBank Indianapolis Member institutions.