The IEMD is committed to building a comprehensive housing ecosystem that supports families at every stage—from stabilizing at-risk renters to supporting long-term homeowners. By pairing innovative financing tools with hands-on resident support, the District works to reduce housing cost burdens, strengthen neighborhood affordability, and help residents build wealth through stable housing.
Together, these coordinated strategies expand affordable housing opportunities, stabilize families, and create clear, achievable pathways to homeownership—strengthening neighborhoods and supporting generational wealth-building across the District.
Strategies
- A flexible revolving loan fund providing low-interest capital to support the acquisition and development of affordable housing
- Grants of up to $100,000 help community development corporations cover essential early-stage costs for affordable rental and LIHTC housing projects
- A partnership-driven program expanding affordable homeownership opportunities through New Markets Tax Credit supported financing
- A tiered grant system that assists homeowners with essential repairs, safety upgrades, and weatherization improvements
- Dedicated coaches stationed at community centers to prevent eviction, engage landlords, and guide residents through housing challenges
- A housing initiative supporting KIPP-connected families by replicating proven models that improve family stability and student outcomes
- A matched-savings program that helps residents build assets for homeownership, repairs, education, or entrepreneurship
- An initiative that strengthens local community development organizations through capacity assessments and tailored operational support plans
Initiatives
Economic Development, Entrepreneurship & Business Enterprises, Housing Innovation, Social Enterprise, Workforce Development
IndyEast Promise Zone
The IEMD was born out of the collaboration formalized by its predecessor initiative, the IndyEast Promise Zone. Promise Zones are high-poverty and high-capacity communities where the federal government worked with local leaders to increase efforts to achieve neighborhood-created goals and priorities.
Housing Innovation
Housing Study
In partnership with CommunityScale, Intend Indiana completed a comprehensive housing study to identify gaps, assess future housing needs, and inform strategies that support equitable growth across the district.
"This is not just a single home; it is a cornerstone of transformation. We are reimagining what Martindale-Brightwood can become: a community where families thrive, opportunity is within reach, and progress is visible and lasting."
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