Point-IN-Time Count Volunteers Needed
The Point-IN-Time (PIT) Count is an annual count of sheltered and unsheltered individuals and families experiencing homelessness in a single night of the year, usually during the last 10 days of January. The 2025 PIT Count will occur on January 29th and preparations are already underway. This tremendous effort brings together homeless service providers, community partners, and volunteers across 91 of Indiana’s 92 counties in partnership with IHCDA. You can get involved, too! To learn more about the count and how you can be part of this important endeavor, join us on December 17th at 2 p.m. Eastern Standard Time for our PIT Kickoff Webinar. Simply register HERE; after you register, you’ll receive a confirmation email containing information about joining the webinar. We hope we can count on your support! |
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9% Tax Credit Awards
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At our November Board of Directors meeting, we announced recipients of the 2025 Low-Income Housing Tax Credit (LIHTC) program and Multifamily Bonds with the Indiana Affordable and Workforce Housing Tax Credit (AWHTC). These programs use federal and state tax credits and tax-exempt bond financing to incentivize private developers to fund the construction, acquisition and rehabilitation of affordable housing communities throughout Indiana. More than $20 million in 9% LIHTC was awarded to 16 developments to create or preserve 761 affordable units that will serve individuals, families, seniors, individuals with disabilities and individuals experiencing homelessness. Please see the table below for the selected developments: |
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IHCDA received 37 LIHTC applications requesting 2025 9% LIHTC under the 2025 Qualified Allocation Plan (QAP) The QAP, which is unique to each participating state, details selection criteria and application requirements for the LIHTC program, Multifamily Bonds, AWHTC, HOME funds, Development Fund and the Housing Trust Fund.
IHCDA incentivizes developments that will be in proximity and accessible to desirable facilities tailored to the need of the tenants, including access to services, retail, healthcare and transit. IHCDA prioritizes developments that will be in communities with nearby access to employment, access to post-secondary education and access to primary care.
For more information regarding the LIHTC program and 2025 funding, visit our website.
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IHCDA’s December Board Meeting: On The Road
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Our Board of Directors meeting is hitting the road this month! Throughout 2024 we have visited affordable housing developments across Indiana for these meetings. We look forward to these opportunities to meet with developers, property managers, and community partners who share our mission to make housing more affordable, accessible, and equitable throughout our state. The next IHCDA Board of Directors’ Meeting – our final meeting with Lt. Governor Suzanne Crouch as IHCDA Board Chair – will take place on Thursday, December 19, 2024 at 10 a.m. CT, at Volunteers of America Fresh Start Recovery Center in Evansville, Indiana. There is also a virtual option for the public to watch remotely. |
