News by "affordable housing program" - Federal Home Loan Bank of Indianapolis

FHLBank Indianapolis allocates nearly $7 million to Rate Advantage mortgage program for low-income homebuyers

Affordable Housing Member Announcements FHLBank Indianapolis allocates nearly $7 million to Rate Advantage mortgage program for low-income homebuyers In response to heavy member demand, the Board of Directors of FHLBank Indianapolis recently approved adding $2.7 million to its new Rate Advantage Program, bringing the total allocation to $6.7 million to make homeownership more affordable to hundreds of low-income residents in Indiana and Michigan.

Affordable Housing Community Investments Affordable Housing Program bridges funding gap for historic Lansing school Historic Walter French Junior High School in Lansing, Mich., gets a boost from an FHLBank Indianapolis Affordable Housing Program grant.

FHLBank Indianapolis announces $800,000 in pre-development grants for Tribal Nations Housing Development Assistance Program

Affordable Housing Public Announcements FHLBank Indianapolis announces $800,000 in pre-development grants for Tribal Nations Housing Development Assistance Program FHLBank Indianapolis has announced that $800,000 in pre-development affordable housing grants is now available to the 12 federally recognized tribal nations located in Michigan through the Tribal Nations Housing Development Assistance Program (TNHDAP).

FHLBank Indianapolis adds $3 million to popular new home loan program with below-market rates

Federal Home Loan Bank Indianapolis Member Announcements FHLBank Indianapolis adds $3 million to popular new home loan program with below-market rates The new MPP Rate Advantage Program incentivizes Bank members to fund mortgage loans to low-income borrowers by offering below-market note rates. Launched with $1 million on Aug. 15, 2024, the initial 100 loans were locked in under six weeks, In September, $3 million was added to extend the program.

Community News Public Announcements 2022 Corporate Social Responsibility Report released Our newly released 2022 Corporate Social Responsibility Report describes the many ways FHLBank Indianapolis and its employees made a difference throughout our district of Indiana and Michigan and beyond.

Community News Community Investments Community Investments News - January 2023 Learn more about what's happening inside Community Investment at Federal Home Loan Bank Indianapolis