Today Mayor Joe Hogsett announced Martindale Brightwood as the second Lift Indy area for 2021, joining the Near North corridor. Each will receive an anticipated $3.5 million in U.S. Department of Housing and Urban Development HOME Investment Partnership Program (HOME) and Community Development Block Grant (CDBG) funding over the next three years.
The Edge Fund completed the third affordable multifamily housing loan in its first year of lending to multifamily developments.
The Edge Fund are pleased to be able to help preserve affordable housing and help create new permanent supportive housing oppurtunities.
We are pleased to announce that Renew Indianapolis continues to attract more resources to the community. Renew’s CDFIs, Build Fund and Edge Fund, were awarded more than $500,000 to expand lending for small business development and affordable housing.
The City of Indianapolis and Renew Indianapolis are pleased to announce that we have resumed landbank property showings after a brief suspension due to COVID-19.