Funding will allow IHCDA to connect extremely low-income persons with disabilities to accessible and affordable rental units
Press Release from the Office of Lt. Governor Suzanne Crouch
FOR IMMEDIATE RELEASE
Thursday, August 6, 2020
*IHCDA awarded $7 million HUD grant to support affordable rental housing *
*"Funding will allow IHCDA to connect extremely low-income persons with disabilities to accessible and affordable rental units"*
*INDIANAPOLIS (Aug. 6) *The *Indiana Housing and Community Development Authority [ [link removed] ]* (IHCDA) was awarded a $7 million grant from the *U.S. Department of Housing and Urban Development [ [link removed] ]* (HUD) to support affordable rental housing. The funding will allow IHCDA to connect extremely low-income persons with disabilities to accessible and affordable housing.
This funding will increase affordable housing opportunities for low-income individuals with disabilities in Indiana, said *Indiana Lt. Governor Suzanne Crouch [ [link removed] ]*, who serves as board chair of IHCDA. It will also promote greater independence through access to appropriate supportive services.
IHCDA will work closely with the *Indiana Family and Social Services Administration [ [link removed] ]* (FSSA) to identify, refer and conduct outreach to persons with disabilities who require long-term services to live independently.
This funding will allow us to better support and reach individuals with disabilities that are in need of safe, accessible and affordable housing, said Jacob Sipe, Executive Director of IHCDA. We are thankful for a wide variety of partners at the federal, state and local levels who will assist in connecting eligible individuals with available units.
IHCDA will use this funding to provide rental subsidies to multifamily properties with units targeted specifically for use by extremely low-income persons with disabilities. The assistance can be applied to new or existing multifamily housing developments through different sources, such as the Low-Income Housing Tax Credit (LIHTC), HOME or other state, federal or local programs.
IHCDA was one of 12 state housing finance agencies awarded funding through HUDs Section 811 Supportive Housing for Persons with Disabilities program. Indiana was one of four states to be awarded the maximum amount of funding.
According to HUD, the $74 million in total awards will support up to five years of rental assistance for approximately 2,400 units of housing in buildings participating in project rental assistance.
Click *here [ [link removed] ]* to view HUDs press release.
Click *here [ [link removed] ]* for more information about HUDs Section 811 Supportive Housing for Persons with Disabilities program.
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"Click here [ [link removed] ] for a high resolution photo of Lt. Gov. Crouch. For email updates from her office and her agencies, click here [ [link removed] ]."
"TheIndiana Housing and Community Development Authority (IHCDA), chaired by""Lt. Governor Suzanne Crouch [ [link removed] ]"", provides housing opportunities, promotes self-sufficiency and strengthens communities in order to build an Indiana with a sustainable quality of life for all Hoosiers in the community of their choice. For more information, visit""www.in.gov/ihcda. [ [link removed] ]"
*Lt. Governor Media Contact:
*Sara Broadwater
[email protected]
(317) 232-4289
Follow us: Facebook [ [link removed] ],Twitter [ [link removed] ]& Instagram [ instagram.com/lgsuzannecrouch ]
*IHCDA Media Contact* _
_Brad Meadows
[email protected]
(765) 623-1708
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