IHCDA Receives Housing Counseling Grant from HUD
Executive Director of the Near Eastside Innovation School Corporation and Principal of Thomas Gregg Neighborhood School Ross Pippin, HUD Midwest Regional Administrator Joseph Galvan, and IHCDA Executive Director Jacob Sipe are pictured above from left to right.
The Indiana Housing and Community Development Authority leveraged the IndyEast Promise Zone designation to secure a $130,079 grant through the U.S. Department of Housing and Urban Development’s Housing Counseling Grant program. This grant will allow housing agencies in Indianapolis, Marion, and Evansville to improve their services, through which buyers, renters, and owners of housing, along with persons experiencing homeless, may repair credit, find affordable rental housing, evaluate their readiness for homeownership, understand their financing options, and avoid mortgage scams. By improving consumer savviness and reducing turnover rates, the IHCDA’s Housing Counseling Grant will increase access to housing counseling will bring about greater community-wide housing stability on the Near Eastside, which has the potential to improve educational outcomes, community relations, and intergenerational wealth-building, among assisted households.