Lilly Endowment awards $6.3M to Indy housing group

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Lilly Endowment Inc. has awarded a $6.5 million grant to the Indianapolis Neighborhood Housing Partnership, which focuses on revitalizing neighborhoods and helping qualified residents purchase homes.

Since INHP’s founding in 1988, the Indianapolis-based endowment has granted more than $130 million to the not-for-profit group. The latest funds will go toward its core mission of increasing opportunities for individuals and clients to purchase housing.

“The need for homebuyer education, mortgage and financial advising and affordable lending programs is as important today as when INHP was founded,” said Moira Carlstedt, president of INHP.

The funding also will support local foreclosure prevention services, help residents create plans to improve their communities, and provide operating capital for up to 12 neighborhood-based community development organizations.  
 

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In