
Federal Home Loan Bank Of Indianapolis Awards $15.12 Million In Affordable Housing Program Grants
Name | Location | Member Financial Institution | Project Sponsor |
2023 Habitat for Humanity Fields at Highland Affordable Homeownership Project | Mishawaka, Ind. | 1st Source Bank | Habitat for Humanity of St. Joseph County |
2023 Habitat for Humanity of St. Joseph County Harrison Avenue Affordable Homeownership Project | South Bend, Ind. | 1st Source Bank | Habitat for Humanity of St. Joseph County |
Aspen Meadows | Salem, Ind. | Old National Bank | Hoosier Uplands Economic Development Corporation |
Butler Townhouses | Butler, Ind. | Brotherhood Mutual Insurance Company | Inspiration Ministries Inc. |
Center for Women and Children | Evansville, Ind. | Old National Bank | Evansville Rescue Mission, Inc. |
Dillsboro Village Apartments Low Income Senior Rental Rehab Project | Dillsboro, Ind. | The Napoleon State Bank | LifeTime Resources, Inc. |
Fortify Home | Auburn, Ind. | Community State Bank | Fortify Home, LLC |
Greater Indianapolis Habitat – Scattered Sites | Indianapolis | Old National Bank | Habitat for Humanity Indianapolis |
Home Stabilization Program | Indianapolis | Merchants Bank of Indiana | NeighborLink Indianapolis Foundation |
Hope's Landing | Warsaw, Ind. | Lake City Bank | Housing for Hope, Inc. |
The Jeffersonian | Lafayette, Ind. | Old National Bank | Lafayette Neighborhood Housing Services, Inc. |
Liberty Somerset, LLC | Princeton, Ind. | German American Bank | Access Group Wellness Project Corporation |
One Community | Corydon, Ind. | First Savings Bank | Blue River Services, Inc. |
Scattered Site 2023-2024 | Elkhart, Ind. | 1st Source Bank | Habitat for Humanity of Elkhart County, Inc. |
Snowy Owl Commons | Lafayette, Ind. | Old National Bank | Area IV Development, Inc. |
Southwind Apartments | Mount Vernon, Ind. | German American Bank | Access Group Wellness Project Corporation |
Temple Avenue Townhomes | Indianapolis | The National Bank of Indianapolis | Englewood Community Development Corporation |
Thunder Pointe | Fort Wayne, Ind. | Community State Bank | Brightpoint |
West Baden Lofts | West Baden Springs, Ind. | Merchants Bank of Indiana | TWG Development, LLC |
Westdale Darby | Kokomo, Ind. | Community First Bank of Indiana | Four Rivers Resource Services, Inc. |
KENTUCKY RECIPIENTS
Name | Location | Member Financial Institution | Project Sponsor |
Re:Center Ministries | Louisville | Old National Bank | ReCenter Ministries |
MICHIGAN RECIPIENTS
Name | Location | Member Financial Institution | Project Sponsor |
121 Catherine | Ann Arbor, Mich. | Chelsea State Bank | Ann Arbor Housing Development Corporation |
4401 Rosa Parks | Detroit | Independent Bank | Cinnaire Solutions Corporation |
48 Bridge Street Duplex | Petoskey Mich. | Charlevoix State Bank | Northern Homes Community Development Corporation |
Allen Manor | Grand Rapids, Mich. | Mercantile Bank | Samaritas |
The Anchor at Mariners Inn | Detroit | Independent Bank | Cinnaire Solutions Corporation |
Benson House | Grand Rapids, Mich. | West Michigan Community Bank | 70x7 Life Recovery |
Brush Park Apartments | Detroit | Independent Bank | MHT Housing Inc. |
Garfield Landing | Sault Ste Marie, Mich. | Central Savings Bank | Community Housing Network, Inc. |
Holcomb School | Detroit | Security Credit Union | Communities First |
Immanuel Village | Mt. Pleasant, Mich. | Isabella Bank | Samaritas |
Rivertown Housing | Cheboygan, Mich. | CORE Community Partners | Cheboygan Housing Commission |
Links for more information: 2023 AHP grant recipients and AHP grant initiative .
Questions? Contact Scott Thien , Sr. Internal Communications Lead, at .
Federal Home Loan Bank of Indianapolis: Building Partnerships. Serving Communities.
FHLBank Indianapolis is a regional bank included in the Federal Home Loan Bank System. FHLBanks are government-sponsored enterprises created by Congress to ensure access to low-cost funding for their member financial institutions, with particular attention paid to providing solutions that support the housing and small business needs of members' customers. FHLBanks are privately capitalized and funded, and receive no Congressional appropriations. FHLBank Indianapolis is owned by its Indiana and Michigan financial institution members, including commercial banks, credit unions, insurance companies, savings institutions and community development financial institutions. For more information about FHLBank Indianapolis, visit and follow the Bank on LinkedIn and X (formerly known as Twitter) at @FHLBankIndy.

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