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Indiana Housing and Community Development Authority

The Indiana Housing and Community Development Authority is a State agency that has provided ten AFI grants since 1999, with the objective of building the assets of low-income individuals in Indiana.

The authority emphasizes homeownership, postsecondary education, and business capitalization, with the goals of increasing savings, personal financial skills, homeownership, postsecondary educational attainment, and increasing or expanding microenterprises in Indiana. This Network grantee has been successful in increasing access to low-cost financial services and helping participants boost their savings.

Partners

Partners for the authority include the Indiana Department of Commerce and an established network of 30 community development corporations and 42 financial institutions providing program and financial services.

Assets for Independence Grant History

Name	Amount	Start Date	End Date
90EI0761	$1,000,000	7/1/2012	6/30/2017
90EI0678	$1,000,000	6/1/2011	5/31/2016
90EI0625	$1,000,000	4/1/2010	3/31/2015
90EI0572	$1,000,000	4/1/2009	3/31/2014
90EI0511	$1,000,000	4/1/2008	3/31/2013
90EI0473	$1,000,000	7/1/2007	6/30/2012
90EI0445	$1,000,000	2/1/2007	1/31/2012
90EI0371	$1,000,000	9/30/2005	9/29/2010
90EI0325	$1,000,000	9/30/2004	9/29/2009
90EY0001	$930,000	9/30/1999	9/29/2005

Project Title

IDA Matched Savings Program

Highlights/Outcomes

10110 IDAs have been opened.

9,819 participants have received financial education.

$7,796,858 saved by participants.

11,076 participants have purchased an asset.

Total AFI Funding

Total AFI Grant Funding: $13,124,944
Total Non-Federal Support: $17,794,373

Focus Population

The Indiana Housing and Community Development Authority focuses on eligible low-income individuals in Indiana. This Network grant covers all of Indiana.

Contact

Indiana Housing and Community Development Authority
30 South Meridian Street Suite 1000
Indianapolis, IN 46204
(317) 232-7777
www.indianahousing.org