Serving the Development Needs of Daviess, Greene, Knox, Lawrence, and Martin County
Housing
HOUSING
SIDC is involved with a variety of housing programs and agencies.
Owner Occupied Rehabilitation (OOR) Program
This program is intended for communities to help homeowners through the Owner Occupied Rehabilitation (OOR) Program. Communities may apply for grant funding in order to complete repairs on owner occupied residential properties.
This program can be utilized to aid a community in the local match for the OOR Program. It allows sponsoring organizations an avenue to secure the matching funds for repair or rehabilitation of housing stock occupied by low and very low income residents.
The Affordable Housing Program (AHP) provides grants of up to $500,000 per project for rental projects. This funding is a partnership between FHL Bank of Indianapolis members and local not-for-profit
housing providers, economic development partners, and housing developers.
The Home Investment Partnerships Program (HOME) provides subsidies in the form of grants and loans to selected applicants for the acquisition, rehabilitation and/or new construction of rental housing for low and moderate-income people.