Development for Elderly and Persons with Disabilities

IHCDA is proud to manage a selection of programs offering housing possibilities, promote self-sufficiency, and strengthen Indiana communities. The majority of these programs have an effect on enhancing the total well being for susceptible populations inside our state, such as the senior and people with disabilities. For the intended purpose of this summary, individuals with disabilities includes people with real or disabilities that are intellectual in addition to people that have psychological disease and addiction. Below is a listing of some of the key programs and initiatives that serve these target populations.

Rental Housing Tax Credits

The Rental Housing Tax Credit (RHTC) program allocates over $15.5M of federal tax credits annually to for-profit and non-profit designers for the construction or rehabilitation of affordable rental housing. All units produced through the RHTC system needs to be rented to households at or below 60per cent of area income that is median. IHCDA helps to ensure that this system is employed to help populations that are vulnerable set-asides when you look at the registered Action Arrange (QAP).

Indiana Supportive Housing Institute

In 2008, IHCDA therefore the Corporation for Supportive Housing (CSH) launched the Indiana Permanent Supportive Housing Initiative (IPSHI), a public/private partnership built to reduce chronic and long-term homelessness. Up to now 48 teams have actually completed the Institute, leading to the creation of 37 developments containing 1023 devices of supportive housing. Because of its success that is overwhelming and CSH have actually proceeded the Institute.

Leasing Assistance Programs

• Housing Selection Voucher Program – provides rental assist with extremely low-income families, older people, and individuals with disabilities to enable them to afford decent, safe, and sanitary housing within the personal market. 继续阅读Development for Elderly and Persons with Disabilities