IHCDA is proud to manage a number of programs that offer housing possibilities, promote self-sufficiency, and strengthen Indiana communities. The majority of these programs have an effect on enhancing the total well being for susceptible populations inside our state, such as the senior and individuals with disabilities. For the intended purpose of this summary, individuals with disabilities includes people with real or intellectual disabilities, along with people that have psychological disease and addiction. Below is a listing of some of the key programs and initiatives that provide these target populations.
Rental Housing Tax Credits
The Rental Housing Tax Credit (RHTC) program allocates over $15.5M of federal taxation credits annually to for-profit and non-profit designers for the construction or rehabilitation of affordable leasing housing. All devices developed through the RHTC system must certanly be rented to households at or below 60per cent of area income that is median. IHCDA helps to ensure that this system is employed to help susceptible populations through set-asides within the registered Action Arrange (QAP).
Indiana Supportive Housing Institute
A public/private partnership designed to reduce chronic and long-term homelessness in 2008, IHCDA and the Corporation for Supportive Housing (CSH) launched the Indiana Permanent Supportive Housing Initiative ( IPSHI. Read more