IHCDA: Home. Welcome to the new IHCDA Consumer website. This site is designed for the residents of Indiana to learn more about the resources and programs available through IHCDA. If you are a partner of IHCDA, please click on the link below to go to the Partner Site Portal, where you will find the tools and resources you rely on such as forms, handbooks, reporting and training materials. If you are a partner of IHCDA, please click here to be redirected to the new partner website The Indiana Housing and Community Development Authority (IHCDA) creates housing opportunity, generates and preserves assets, and revitalizes neighborhoods by investing financial and technical resources in the development efforts of qualified partners throughout Indiana. IHCDA's work is done in partnership with developers, lenders, investors, and nonprofit organizations that use our financing to serve low- and moderate-income Hoosiers. 877-GET-HOPE. Indianapolis Neighborhood Housing Partnership.
American Dream Downpayment Initiative - Affordable Housing - CPD. Summary The American Dream Downpayment Initiative (ADDI) was signed into law on December 16, 2003. The American Dream Downpayment Assistance Act authorized up to $200 million annually. Funds were appropriated for fiscal years 2004-2008. ADDI provided funds to all fifty states and to local participating jurisdictions that had a population of at least 150,000 or qualified for an allocation of at least $50,000 under the ADDI formula. ADDI is administered as a part of the HOME Investment Partnerships Program, a formula grant program. Purpose ADDI helped first-time homebuyers with the biggest hurdle to homeownership: downpayment and closing costs. Type of Assistance ADDI provides downpayment, closing costs, and rehabilitation assistance to eligible individuals. Eligible Customers To be eligible for ADDI assistance, individuals must be first-time homebuyers interested in purchasing single family housing.
Eligible Activities Funding Status Obtaining Assistance. Making Home Affordable - Home Affordable Modifications. IN.gov: Home.