Community Multiplier matching grants support non-profit organizations based in Indiana or Michigan who are working on affordable housing initiatives in the below defined Priority Areas:
Emerging developers – Real estate developers who have not previously been funded by FHLBank Indianapolis and are new to the industry (less than 2 years in industry).
Housing supportive services – Services that assist with increasing stability of housing such as case management, healthcare, mental health care, substance abuse counseling, job training, employment support or child welfare.
Housing counseling – Programs that provide tools for current and prospective homeowners to make responsible and sustainable choices through educational assistance.
Affordable housing industry career development – Programs that build skill sets for the varied career paths that support affordable housing.
Operational funding for targeted affordable housing organizations – Operational funding for affordable housing organizations who have not previously received AHP funding from FHLBank Indianapolis, or who are working in a rural county, as defined by nonmetro counties in the "Metropolitan (metro) and nonmetropolitan (nonmetro) counties, 2023" map from USDA. Organizations working in rural counties are not subject to prior funding restrictions.
Community land trusts – Community-driven organizations that buy and manage land to keep it affordable for residents.