Indiana Lands $54M in HUD Funding

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INDIANAPOLIS -

The U.S. Department of Housing and Urban Development has awarded Indiana more than $54 million in funding. The Indiana Office of Community and Rural Affairs says the funding will be used for housing, community, and economic development activities, assistance for low and moderate-income residents, as well as those with special needs.

The majority of the funding, more than $30 million, will be used to continue OCRA's Community Development Block Grants program. OCRA Executive Director Jodi Golden says the funding "helps communities achieve their goals of making neighborhoods better places to live, work, play and grow."

OCRA and the Indiana Housing and Community Development Authority in May filed their 2018 Annual Action Plan for Housing and Community Development, which focuses on four top priorities:

  • Expand and preserve affordable housing opportunities throughout the housing continuum;
  • Reduce homelessness and increase housing stability for special needs populations;
  • Promote livable communities and community revitalization through addressing unmet community development needs; and
  • Promote activities that enhance local economic development efforts.

The additional funding awarded by HUD is going to the IHCDA to fund a variety of programs, including the Home Investment Partnership Program, the National Housing Trust Fund, the Emergency Solutions Grant Program, and the Housing Opportunities for Persons With Aids Program.

"At IHCDA we are committed to meeting the housing needs of Hoosiers across our state," said Jacob Sipe, executive director of IHCDA. "This funding allows us to continue supporting local communities in both developing and preserving affordable housing and making services and emergency housing available for individuals facing a housing crisis or homelessness."

You can view the 2018 Action Plan below:

  • Perspectives

    • Regional Investment Proposal Could be a Game Changer for Quality of Place Initiatives in Indiana

      While quality of place may be defined differently by people, a growing number of Hoosiers recognize the importance of this issue. In particular, the impact of quality of place on talent attraction and retention in a geographic area cannot be ignored. The future of every community is dependent on quality of place. Like many Midwestern states, Indiana is not growing at the same pace as areas in the southern and western regions of the United States.

    More

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