Community Multiplier matching grants support nonprofit organizations based in Indiana or Michigan who are mission-aligned to provide or support new construction or preservation of affordable housing and who are working on initiatives within one or more of the below Priority Areas.
See the 2026 Program Guide for more information on impact reporting guidelines and required metrics.
Priority Areas
Emerging affordable housing developers
Programs that support real estate developers who have not previously been funded by FHLBank Indianapolis and are new to the housing industry (less than 2 years in industry) that support expanding the construction or preservation of affordable housing units. Support may include pre-development, capacity building, or project-specific activities that advance projects to construction.
Housing stability and supportive services
Services that improve housing stability and retention for residents of affordable housing developments, including case management, healthcare, mental health services, substance abuse counseling, employment support or child welfare, where such services strengthen project viability, resident outcomes and long-term affordability.
Housing counseling and education
Programs that prepare current and prospective renters and homeowners to access, maintain, and sustain affordable housing, including pre- and post-purchase counseling, rental readiness, foreclosure prevention, heirs’ property education and counseling that supports the long-term affordability of housing units.
Organizational capacity for rural affordable housing delivery
Operational funding for affordable housing organizations that are expanding or sustaining their ability to develop, preserve, or manage affordable housing, limited to organizations serving at least one rural nonmetro county as identified 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 and shared-equity models
Community-driven organizations that acquire, develop, or steward land and housing to ensure permanent affordability, including support for new construction, rehabilitation, and long-term preservation of affordable homes.
Heirs’ property and title resolution
Legal services, mediation, housing counseling, and technical assistance that assist families and communities in resolving heirs’ property issues, clearing tangled or clouded titles and establishing clear ownership, where such efforts preserve existing affordable housing, prevent loss of homes or enable rehabilitation, financing or redevelopment.